Globalization is a term used to describe the changes in societies and the world economy that are the result of dramatically increased trade and cultural exchange. Do you think globalization can survive? Is it receding? Does the whole world really get to participate equally?
6 Answers | Add Yours
Globalization is here to stay for sure. Not only is it here to stay, but we need it to stay if want to continue living the way we are right now. The lifestyle we are accustomed to requires globalization. If it were to disappear we would have to change out lives in numerous ways.
I do not think that the world gets to participate in globalization equally. The countries that have more money have many more advantages than those who are poor.
Globalization is real and is here to stay. As someone else stated those jobs that have been outsourced are gone and are not returning. As far as does the whole world get to participate equally, I would say on certain levels yes.
Globalization as we know it will survive, unless as Pohnpei suggests the world runs out of means for transporting globally. My hypothesis, however, is if that particular situation happens, there will be governments that invent other means of transportation. As for the whole world participating equally, it seems to me that the world operates like individual societies--the rich have more opportunities and means to participate than the poor.
Globalization is permanent and irreversible. The jobs we've lost ae gone for good. Now we are seeing second and third stage globalization. Once the economic barriers were torn down, and the businesses started to relocate overseas, there was no way to roll back the clock.
Globalization is going to survive unless we run out of oil and find no other way to power the ships that bring stuff from place to place. I do not think it is receding in any way. Instead, it's just growing and is only going to grow more as more Third World countries get to the point where they can support industry.
Just as one example, they're widening the Panama Canal to take bigger ships so that even more goods can be moved from Atlantic to Pacific or vice versa.
I just don't see how this genie is going back in the bottle.
Globalization as we witness today is the result of a slow but steady process of geographically widening the scope of human exchange and other economic activities that have been taking place unabated for thousands of years. Over these years, the pace of change has never been reversed. Rather the pace of change towards widening geographical limits of economic activities has been increasing. Judging from this past trend, I do not see any possibility that the phenomenon of globalization will ever be reversed.
We’ve answered 319,666 questions. We can answer yours, too.Ask a question