Regarding the issue of the international economy, the JCP has advocated establishing a new international democratic economic order on the basis of respect for the economic sovereignty of each country and strongly opposes the participation to the TPP. The JCP sees the United States, transnational corporations and international financial capital as pushing globalization, which it says is seriously affecting the global economy, including the monetary and financial problems as well as North–South and environmental problems. The JCP advocates "democratic regulation of activities by transnational corporations and international financial capital on an international scale".