Globalization may have originated during the time of the Roman Empire, the Middle Ages, nineteenth-century maritime trade or in modern times. The term “globalization” refers to the global collaboration of world economies and cultures. Its supporters acclaim the benefits of an united international market where goods, labour, capital, and ideas can be emanated freely and encourage economic development for society as a whole.
Globalization has become a way for international groups and individuals to become increasingly interconnected through economics, politics, culture, and the earth’s environment. According to Globalization: An Overview , globalization is characterized by “increasing the flow of capital, labour, goods, and ideas between societies, and is often defined as the increasing development of a borderless world or “global village”” (Yip and Eaton, p. 2, 2017).
Through technologically powered economic integration, the idea of a “global village” has become a reality. As countries learn to deal with the effects of globalization, they have come across both economic development and cultural and political struggles. Globalization may brings about social, political, economical, cultural, and environmental disruptions. As a controversial topic, globalization has its disadvantages and benefits. Those opposed to economic globalization are part of the the anti-globalization movement. “The Battle of Seattle” in 1999 is a large scale example of anti-globalization. The anti-globalization movement has many reasons against globalization. Globalization primarily brings an advantage to those who have access to international networks.
However, internationally, democracy faces a decline along with state power. Globalization compels those who want to take part in the international economy to accept a liberal capitalist system of organization. In addition, a single liberal capitalist way of life is quickly taking the place of other economic systems, languages and non-commercial organizations. International non-governmental organizations, are not democratic because they do not represent everyone affected by globalization.
Equally as important, as all countries are competing for investment, domestic concerns are disavowed in an international spectrum. With this in mind, decisions about labour standards and the environment are being made by transnational corporations instead of democratic national or international governments. Globalization leads organized labour to impracticality as countries and job markets become internationally competitive. Workers are often forced to move and may develop urban slums. The environment is also impacted in a negative way as globalization is dependent on continuously expanding amounts of transportation, production, and consumption. In the advancements of globalization, which is driven by money, the crucial environmental problems relating to natural things that are priceless, like air and water, are not considered.
Globalization puts democracy, diversity, equality and the environment at risk while compelling any country’s ability to secure the concerns of its citizens. Liberal capitalist interests resulted in the process of globalization, thus there is a possibility for alternative processes to be moved by other interests. However, alternative possibilities are reduced every day with the effects of globalization .In contrast, there are some arguments that support globalization.
Countries that have exposed their economies to international trade, capital flows and competition have progressed economically. Globalization improves the lives of humans by increasing cultural and economic integration, thus encouraging diversity by exposing society to new technology, communication, ideas and new ways of doing business. The cost of communication is reduced as economies become more structured. Opportunities for foreign study is granted by transportation, this lets people experience the civil liberties, living standards and customs of other countries. Additionally, globalization has decreased the number of people living in absolute poverty and rates of child labour. Citizens’ skills and a country’s resources are developed due to growth promoted by trade .
This in turn grants ” an increased level of global output at a minimal cost of production, providing access to basic needs such as cheaper food, clothing and shelter” according to Point: Globalization Provides a Better Life for All (Graham, p.5, 2017). Primary working conditions may be unsatisfactory, however profits of globalization can be used for elaboration in education and training for improvements over a longer period of time.
Another benefit of globalization is that it endorses security. It creates a middle class with the knowledge, capital and confidence to demand human and civil rights. Factually, globalization has changed the view of diversity into something beneficial. Globalization can help to end religious and racial discrimination against others instead of imposing on or eradicating cultural norms. In terms of business, it is a process by which imported goods and services are remodeled to consider local traditions and needs.
This may be referred to as glocalization. Not only does globalization allow individual countries to develop and share their unique offerings with the world, but also, allow people to pursue their goals and to realize the best life possible. Human experience and independence are enriched and protected through interdependence. Globalization provides security, extends political power,and creates prosperity with the help of trading. In sum, these are the arguments in support of globalization. I agree with the anti-globalization movement. This is because there are strong arguments concerning labour standards, the environment and decline in democracy. First, labour standards in developing economies often have poorly enforced or non-existent labour standards.
The often ill-defined labour standards of developing nations have given rise to a considerable amount of labour rights infringements. For example, sweatshops are operations with extremely low wages in comparison to developed countries, excessively long hours, and poor or hazardous working conditions. Secondly, the environment may be affected negatively. Environmental changes in one location on the planet may have sizable effects in another location within a technologically powered and economically integrated global market.
Issues such as climate change and other environmental changes attributed to industry have tied globalization and the environment together. Lastly the decline in democracy is a realistic concern. Contemporary democracy is designed to work at the state level and is dependent upon shared experience and values for success. Understandably, globalization is good for decreasing discrimination, smaller countries will have access to technology and ideas that may help them operate and opportunities for trade and travel. Although this is true, discrimination can be solved by changing people’s mindset, smaller countries may be able to develop their own technologies and people are continuously able to travel and learn.
In conclusion, globalization has its advantages and disadvantages. Advantages include security, the extension of political power, and the creation of prosperity with the help of trading.Disadvantages of globalization include negative aspects related to democracy, diversity, equality and puts the environment at risk while compelling any country’s ability to secure the concerns of its citizens. It is supported and opposed by many people.
In my opinion, globalization is not the best process to follow through with. It is a controversial topic and affects the world everyday.