How has globalization impacted America over the last thirty years?
Globalization has affected the United States in many ways over the past 30 years. Some of these impacts have been good, others bad, and still others relatively irrelevant in the broader scheme of things.
Globalization has helped and hurt us economically. Globalization has hurt many people because it has helped cause them to lose their jobs. Thirty years ago, there were more good jobs for blue collar people than there are today. This is largely because those jobs have either gone overseas or been mechanized due to the pressure from globalization. On the other hand, consumers have gained from globalization. The fact that companies can make use of low-cost factories in other countries makes it much more possible, for example, for us to pay low prices for the wide variety of goods that we demand. We are able to get better quality goods because of the competition from companies around the globe.
Globalization has other faces as well. These are harder to pin down as “good” or “bad.” For example, our culture has become much more globalized than it once was. People watch “Downton Abbey.” They watch soccer games from around the world. Millions of people watch “Gangnam Style” on YouTube. All of these things have helped to make our culture much more similar to cultures of some other parts of the world. It is hard to say if this is good or bad.
Overall, then, globalization has affected us in good and bad ways, in both our economic lives and our cultural lives.