Powerful MNC’s have proven to be geocentrically themed in recent decades where their products and services don’t seem to take into account nationality but rather follow global standards. This in turn effects employment relations and work policies in different states on different scales. This globalist view does not take into account the preexisting legislation and cultural trends of the state in which they operate in and so presumes that states will adopt the neo-liberalist mentality that suggest “liberalization, privatization, and stabilization” (McDonough, T. (2010)). An Irish example would be the privatization of Eircom. The sceptics see this globalization system as a damaging one in respect to the states power over its people and economy. Sceptics believe this can effect employment relations and work policies in negative ways which can only benefit the profit maximization of MNC’s and the global elite society.
The effects globalization has had on Irish employment relations and work policies are evident from the 80’s onwards. In ‘The Irish Crash in Global Context’, McDonough states that this era can be labeled as “global neo-liberalism” and states the “Celtic Tiger was in many ways the Irish manifestation of this era”. This increase in capital throughout these years brought about major developments in employment relations and work policies. First Ireland’s employment relations seemed to be improving substantially when the country started attracting direct foreign investment with its low corporation taxes and highly skilled and educated workforce. Minimum wage rates