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 882 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 …

DeforestationGlobalizationPollutionSustainability
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 …

GlobalizationInternetMediaNews
Words 2227
Pages 9
The QSR Industry

The QSR industry is highly competitive. Dunkin’ and Starbucks are the two major players, with numerous competitors opening their doors daily. All these companies are trying to take market share away from each other, with some of their locations so close in proximity that they …

GlobalizationIndustriesStarbucks
Words 481
Pages 2
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The Role of Standards in Today’s Society

Standard-setting organizations play a very pivotal role in the establishment of network standards globally. Even though most people do not realize it, the methods that are used to assess conformity to standards are very critical. In fact, the organization has essential component of today’s technology. …

GlobalizationSocietyTelecommunication
Words 826
Pages 4
Slums and Money: Globalization and Poverty

Globalization 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 …

ChinaGlobalizationPoverty
Words 1096
Pages 5
Environmental & Socio-economic Studies

This chapter is depicts of Literature review pertains to many studies in India on the silk handloom industry and its problems. Some are dealing with co operate at the all India level, but some studies are based on state or district level. The present research …

AgricultureEntrepreneurshipEnvironmentGlobalization
Words 3025
Pages 13
Global Competitiveness: Role of Supply Chain Management

After reading the Introduction, Overview, and Instructor Notes as well as the assigned chapters in the Monczka, et. al. textbook, what are your thoughts about the structure of Purchasing and Supply Chain Management in the 21st Century, along with its constituent activities, as well as …

GlobalizationSupply Chain Management
Words 1408
Pages 6
What’s Wrong With the Fashion Industry?

The labor situation in the fashion industry today is growing at a high rate. The global economy is configured for extensive and complex international networking where information, raw materials, and final products are easily channeled from the producers to the centers of consumption with a …

AutomationClothingFashionGlobalizationManufacturing
Words 1661
Pages 7
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 …

ExportGlobalizationInvestmentTrade
Words 1285
Pages 6
Cairn energy

Introduction Cairn Energy Plc (“Cairn”) is an Edinburgh based publicly traded Oil & Gas Exploratory & Production (E&P) company dealing primarily within its operated assets in India, Bangladesh, Nepal and Greenland (Cairn, 2009). Major products sold are crude oil and natural gas, produced from both …

EnergyGlobalizationInvestmentPetroleumTax
Words 1946
Pages 8
International Business Environment Essay

Executive Summary Careful consideration must be given to key factors before a company makes the decision to expand into foreign markets. PharmaMed, a U.S. based multinational manufacturer and distributor of medicines and consumer healthcare company, has identified Mexico as an extremely promising country for expansion. …

Business EnvironmentExportGlobalizationInternational BusinessMexicoTrade
Words 4225
Pages 17
Free Politics Essay: International Political Economy

“Do developments in international trade regime since 1995 (when WTO was formed) confirm Stephen Krasner’s theory concerning the determinant relationships between trade openness and balance of powerif not, what theory may explain these developments? 1.Introduction This paper aims to discuss and analyse the effects of …

CompetitionGlobalizationPoliticsTrade
Words 3303
Pages 14
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 …

GlobalizationInternetSociologyUniversity
Words 1722
Pages 7
The positive and negative effects of globalisation in China

Introduction This essay will explain what globalisation is and then it will carry on explaining and identifying the positive and negative effects of Globalisation in China. It has been over a few decades that many economists have wondered about what precisely globalisation is all about …

ChinaCompetitionEssay ExamplesGlobalization
Words 1869
Pages 8
Are states the only relevant conceptual actors in world politics?

This research paper intends to question whether states are the only relevant conceptual actors in world politics by analysing realist and liberal accounts of international relations theory. It also seeks to argue that globalisation has heightened the relevancy of non-state actors within international relations discourse, …

ActorsGlobalizationInflation
Words 1162
Pages 5

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