 Feminist philosophers insist that economic globalization must also be understood in terms of the effects it has had on women, who make up a disproportionate percentage of the global poor. Most agree that these effects have been primarily negative. For instance, Jaggar argues that globalization has promised many things that are crucial to feminists: peace, prosperity, social justice, environmental protection, the elimination of racism and ethnocentrism, and, of course, an increase in the status of women. However, neoliberal policies have brought about the opposite of these aspirations. Rather than peace, they have created conditions for war and increased militarism; rather than prosperity and social justice, they have increased the gulf between the rich and the poor; rather than environmental protection, they have led to the privatization and destruction of publicly-owned natural resources; and rather than eliminating racist, ethnocentric, and sexist barriers, globalization has been, ultimately, “a system hostile or antagonistic to women” (Jaggar 2001, 301).