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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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 …
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 …
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 …
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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 …
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 …
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 …
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 …
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 …
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 …
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. …
“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 …
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 …
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 …
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, …
Chapter 1 Research Proposal 1.0 Background The world has evolved into a place where employees of organisations are of different nationalities and work outside their countries of origin. With the increase in globalization and the expansion of matrix-based organisations, managers/project teams need to work in …
Introduction: WTO (World Trade Organization) agreements consists of the rules and regulations and having fair trade practices framework with the developing countries of the world. In order to face multilateral negotiations and to cope up with the failure of Doha Round. The multilateral trade system …
Introduction: Talent as described by the Oxford English Dictionary is among other things, ‘a natural aptitude or skill’’ ‘people possessing such aptitude or skill’’. Talent management is the systematic attraction, identification, development, engagement/retention and deployment of employees with high potential who are of value to …
Introduction Foreign direct investment (FDI) occurs when a foreign investor exerts direct control over domestic assets. It normally consists of an international capital flow from the home country to a host country for the purpose of acquiring partial or full ownership of tangible business activity. …
Introduction The essay will be focused on discussing the Network Society as a new type of Social Structure or Organization of the Information Age. I will be using Castell’s theory on The Information Age to explain how the Network Society affects culture, individuals, institutions and …
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 …
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 …
Abstract The presentation was on the increasingly important topic of globalisation, and the effects that this phenomenon has had on a global scale. To create a presentation on this topic we arranged several meetings to decide the various aspects of globalisation that would be included …
Introduction Analysis of the explosion in international exchanges is mainly focused on the impact of globalization and between the peoples of the world economic aspects of the cultural exchanges between the expenditure. Americanization of globalization is another termGeneral pattern of media ownership that is west …
INTRODUCTION Corporate social responsibility has been in debate since 20th century even though there are some argument for and against if it were really the duty of an organization to provide some kind of social service to the people in its environment even though the …
Introduction Are redistributive land reforms possible and if so are they desirable today? Land reform (LR) is defined as a ‘legislation intended and likely to redistribute ownership of current farmland, and thus benefit the poor by raising their absolute and relative status, power, and/or income, …
Introduction Understand the wider implications and effects of global integration on organisation The Business advisory service is providing its best services to the local businesses. It is also fully supporting the local businesses for finding out the best solution where ever it is required. The …
Introduction For many years, migration, perpetrated by the quest for career advancement by skilled labour, asylum seeking by refugees and interest in greener pastures has been going on internationally. Some countries have faced challenges and setbacks due to international migration of skilled labour/personnel and some …
Introduction After entering into the World Trade Organization, China’s economy will deeply and broadly get involved in international division of labor. To develop and establish a stable foothold in the competition, Chinese enterprises should learn and grow in the face of competition and challenges. Chinese …
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 …
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Anthropology
In an anthropological sense, globalization is “…an intensification of global interconnectedness, suggesting a world full of movement and mixture, contact and linkages, and persistent cultural interaction and exchange” (Inda and Rosaldo 2002: 2).
Aspects
Globalisation has three main aspects which are economic, politicaleconomic, politicalThe earliest works of political economy are usually attributed to the British scholars Adam Smith, Thomas Malthus, and David Ricardo, although they were preceded by the work of the French physiocrats, such as François Quesnay (1694–1774) and Anne-Robert-Jacques Turgot (1727–1781). Political_economyPolitical economy - and socio-cultural (University of Leicester 2009). Economic aspect focuses on the integration of global economies as well as flow of trade and capital across nation borders. Socio-cultural aspect emphasises on the exchanging of social and culture.
Globalization book
- Globalization and Its Discontents
- Globalization: A Very Short Intr...
- The Ages of Globaliz...
- The Globalization Paradox...
- In Defense of Global...