Do you think the development Globalization as it has progressed up until today is for the better or the worse?
6 Answers | Add Yours
In theory, globalization should be a positive factor for the future. However, it seems as if the typical economic trend holds true. The wealthy control most of the power the theory of globalization and how it plays out is controled by the rich. The wealthy get wealthier off of the labors of those less fortunate. Those who do the work sacrifice much for the limited financial gain the seek as means of survival.
Impossible to encapsulate all the pros and cons in a discussion board post, but I think I can say there are some glaring negatives to the long term process of globalization. Here are a few standouts:
1) It rewards companies for moving factories to countries with lax labor and environmental standards. This both exploits people and exhausts resources, as well as pollutes.
2) The effect it has on rural areas in developing countries is to permanently change the culture, encourages migration and in some ways could be considered cultural genocide.
3) Globalization has further enriched corporations and a relative handful of individuals, and is partly responsible for the rapidly widening gap between rich and poor.
I would agree with the above post. For each positive you can list about globalization some one else can counter with a negative. I do however think that the positives outweigh the negatives.
This is a massive topic that whole PhD theses have been written about. There are definite advantages to globalisation. I am sure that you like the fact that you can use this website to ask this question to help you with your studies. The sharing and access of information is a definite advantage. However, it seems that the flip side of all the advantages are negatives. For the internet which allows for the sharing and transfer of information also allows for many unpleasant activities such as child pornography and the transfer of information that we are not happy about.
My own personal feeling is that globalisation is not "good" or "bad," it is a neutral force if you like that allows us to make what we want of it.
Globalization, from an economic point of view, hurts some people in the short term but helps everyone in the long run. (According to orthodox theories of economics.)
In the short run, various people in various countries are harmed by the changes caused by globalization. They might, for example, lose their jobs because the product they made can be imported more cheaply from some other country.
However, economic theory holds that even these people will not be hurt in the long term. In the long term, each country will specialize in those goods and services that it is best at producing. When each country does this, all countries are better off because more goods are available more cheaply. The people who initially lost their jobs making one product will get new jobs making whatever sorts of things their country specializes in.
Presumably, we are still in the short run today. We know that some people are hurt by globalization. We have yet to see if all of these harms will be made up for in the long run.
I think that this will be subject to a great deal of debate and discussion. I do think that while there might be some significant challenges in anything as massive as globalization, I do think that it has presented some very positive developments in the world. The construction of a setting where technology has helped to bring the world closer is something that is powerful. For example, enotes is something that could only be facilitated to the extent it is through the presence of a globalized setting and a globalization mentality. The fact that the classroom is never closed and not limited by boundaries is of vital importance to enotes. Students from all over the world can post question and receive answers from others all over the world. In this sense, globalization has helped to bring the world closer. In this light, I think that globalization has helped to make the world a bit more cosmopolitan in understanding one another. At the same time, I think that the notion of a "flat" world where information and knowledge is more readily shared has helped to bring about an incremental disappearance of borders and frontiers that would limit such exchanges.
We’ve answered 319,623 questions. We can answer yours, too.Ask a question