Essays on Globalization

Essays on Globalization

The term globalization came around in the 1960s, which is when economists began to give a name to what “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” meant. Globalization comes from the erasing of barriers between national economies to encourage the flow of the market. Globalization has been around even before the emergence of the term with the first example being the discovery of the Americas in 1492, which only accelerated the process even further. Globalization only exploits the foreign labor markets that mass production companies decide to use for their own capital gain, their workers that decide to provide for their families because there is no other option than to work for these people for a wage that is not livable by any means, and the alarming inequality that globalization has been able to preserve for centuries.

Many economists along with politicians and huge corporates view globalization as this holy grail. Many view globalization as an economic booming process that is purely driven by investment along with trade. People who view globalization as this holy grail often claim that bigger free-market economies allow for smaller developing markets to prosper and be able to raise their standard of living. People begin to view the world as compressed in culture, politics and other examples, they see the blurring of trade borders as a way for these countries to develop such as western economies have, with job creation, companies beginning to compete in the global market, and overall, lower the price for consumers. Supporters begin to see this as a way for labor to move freely from any country and create labor as its own market. Opponents of globalization see the cons in the exploitation of poor countries along with their labor. The rich get richer while the poorer get poorer. Mass production companies take their production to these developing countries to cut costs, since many of these countries offer labor for really cheap rather than to keep production in their own countries, these companies begin to take their production elsewhere for low wages for the workers. The workers often are women, usually young women or mothers who are the sole earners in their families. This only leads into the issue of inequality later. These women work long hours for minimal pay that by no way is a livable wage for one person, let alone for a family.

Many of these women are not cared for and are often stuffed into these shoddy factories that do not meet any regulations that can be deemed as healthy. These women cannot find other higher-paying jobs since these jobs are viewed only for men, for experienced men. The idea of patriarchy still exists in many of these countries, it brings along this idea that women cannot be sole providers for their families, that they have to settle for little to nothing paying jobs because there will never be anything else available for them. They begin to believe that these jobs are the only opportunities available for them and are the best things that can come their way.

Since the start of “globalization” can be traced back to the discovery of the Americas, Cristopher Columbus, the “grand discoverer of these lands”, is an example of the white male savior, which has been seen throughout history countless of times. Columbus is credited by many by being the one to bring European culture into the Americas. With this there are also many who discredit Columbus for not discovering anything in the first place. Columbus’ prime objective was to find India, which was more accessible than the Americas.

Columbus being an inadequate Spanish male, was not able to navigate himself to the place he originally wanted to go. Once Columbus arrived in what he believed to be India, he proceeded to call the indigenous people on the lands ‘Indians’ which can be guessed as to why the term still is used to call Native Americans as such when they should not be called Indians since it was not India. Columbus's achievement in coming to the Americas, only brought along European diseases, while Columbus was able to exploit the natives for his own gain, for the gain for the Spanish King and Queen. This is an effect of globalization, the exploitation of people for gain. Columbus can be compared to a top-leading economy like the United States or Europe while Natives can be compared to the foreign labor markets that these top leading economies decide to use for their capital gain.

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We've found 229 essays on Globalization
World Globalization Process Essay

Globalization is a process of integrating trade and commerce throughout the globe. Governments, private companies and even people merge their differences and intermingle, interact, devise new trade policies, bringing different cultures and countries closer to each other. Unprecedented advancements in transport and communication technologies have …

Words 1841
Pages 8
The Impact of Globalization in Diversifying Media In Society

In the sphere of communication and culture, globalisation can appear as a form of access to foreign data or the capacity of individuals living in previously isolated nations to convey to the outside societies efficiently; so the world turns out to be smaller and brings …

Words 2227
Pages 9
Slums and Money: Globalization and Poverty

Globalization has become a living reality of the world, influencing many directions, many aspects to the development of all nations and nations. It poses many opportunities but also many challenges. Globalization encompasses both of rapid economic growth, the opportunity to enrich people, but also the …

Words 1096
Pages 5
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Globalization: Threat or Opportunity?

Globalization, variation and Increasing demand on products and services has encouraged a lot of companies, large and small, to implement policies and strategies into their businesses plans to sustain and protect themselves against competitors. Especially those, foreign competitors. Also to give them the ability and …

Words 1285
Pages 6
Sociology Essay: Impact of Globalization Trends

Introduction Globalization is a widely discussed and contested topic. The process of globalization has profound impacts on the capacity of a nation to formulate its policies. It is accompanied by a seemingly endless process of change within education (Peters, 1992). Globalization is one main issue …

Words 1711
Pages 7
Globalization and Higher Education

CHAPTER 1 INTRODUCTION 1.1 Background of study Globalization brought about rising number of students migrating to different countries for higher education. As international educations’ landscape continue to change, students are seeking opportunities that are not only advantageous to their academic agenda, but also to their …

GlobalizationHigher Education
Words 1609
Pages 7
De-globalization and Globalization. Who is the winner?

Introduction If people look back the development of the world economy over the past decades. Manifestly, the world economy is in the time of prosperity and increasingly perfected, thanks to a notion ‘globalization’, which could be seem as one of the important contributors to promote …

Words 3186
Pages 13
Impact of Globalization Trends on Education Structures and Policies

Introduction Globalization is a widely discussed and contested topic. The process of globalization has profound impacts on the capacity of a nation to formulate its policies. It is accompanied by a seemingly endless process of change within education (Peters, 1992). Globalization is one main issue …

Words 1730
Pages 7
Does Globalization Affect Crime?

Introduction Globalization refers to integration internationally through the exchange of world views, products, ideas and other cultural aspects. This is facilitated by advances in transportation and telecommunications infrastructure enabling openness in trade, finance, travel and communication (Aart Scholte, 2000). These are the major factors that …

Words 1976
Pages 8
Effects Of Globalization On An Organization

1.0 Introduction Globalization is the process of international integration resulting from continuous interchange of ideas, cultural aspects, products and other world views. The process of globalization in the modern day has been caused by the advancement in transport, infrastructure and telecommunication sector. The invention of …

Words 3218
Pages 13
Globalization and Managing Work Organizations in Sri Lanka

Today the world has become a one village under the same roof breaking out cultural geographical & socio economical boundaries & limitations within past few decades. With that occurrence all people around the world has been integrated with each other regardless their races colours & …

Words 2978
Pages 12
Globalization: Prosperity or Poverty

Globalization is a word that has recently become a commonplace in two different ways. Firstly globalization inspires visions of global village, a place where by all citizen of the world is linked together with high technology system. On the other hand, globalization is the one …

Words 1972
Pages 8
Globalization Vodafone

He says that the real driving force behind dislocations is the speed of change of widespread adoption of new approaches especially in areas that have heretofore been stable. While other scientist D. J. Boudreaux (2009) consider that globalization is the advance of human cooperation across …

Words 3070
Pages 13
Globalization and Social Inequality

Introduction Social inequality is an issue that is much debated today within the social sciences, as well as other disciplines. Although very few would deny that social inequality exists and has always existed in human societies, it is not always clear through what mechanisms it …

GlobalizationSocial Inequality
Words 1595
Pages 7
Account for the growth of TNCs and evaluate their impacts at the global and national scales

Account for the growth of TNCs and evaluate their impacts at the global and national scales (40 marks) A TNC (transnational corporation) is a company that operates in no less than two countries and has a global outlook. TNCs have a long history going back …

Words 130
Pages 1

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