In 2005, the International Labor Organization (ILO) released its fifth edition of “A Global Alliance against Forced Labor,” a report that acknowledged the presence of forced labor and of modern forms of slavery in the industrialized world. He described human trafficking for forced labor as "the underside of globalization and that" rapid globalization was the only catalyst for many privatized companies engaging in unethical practices in order to gain maximum profit. However, people and major labor organizations are realizing that, in addition to being morally unjustified, forced labor has broader hidden economic implications as it is less beneficial to national economies and hinders globalization. These reasons make forced labor one of today's alarming global issues and actions should be taken to stop its hidden and continuous expansion. Forced labor involves forcing people to work in harmful environmental conditions for subminimum wages and extended working hours through coercion. Management may use physical, verbal and mental abuse to control the workforce which harms workers both physically and psychologically. According to Erich From, a German social psychologist, “if a person perceives himself as what he possesses, then that person loses (or even thinks he loses) what he “possesses”. "(e.g. good looks or sharp mind that allows him to sell his labor for high wages), therefore, fear of loss can create anxiety and authoritarian tendencies because that person's sense of identity is threatened." This theory applies directly to the many employees engaged in the global trade in forced labor today. The workforce has an impoverished financial situation and does not possess any material assets... middle of paper... is slowing down. This is an expansive global problem that should be pursued and tried to stop as soon as possible to prevent the problems that could hinder growth. Currently, the root of the problem is a lack of awareness – or a refusal to acknowledge – that slavery or forced labor still exists under many different disguises. The way people are forced to work is invisible and subtle, and many people still do not attach enough importance to it to consider it an urgent global issue due to some benefits it offers. has carried out for multinationals. To solve this problem, international labor organizations must work together to use their combined resources to track down traffickers and factories employing slave labor and enforce tough laws against their actions to nip the problem in the bud..