Negative Benefits Of Globalization

Globalization, a word that echoes throughout this century, has its positives and negatives. Valid arguments can be found on either side of the fence.

On one side, the “globalists” who favor globalization and on the other “alter globalization” who oppose it. Those who criticize globalization often make their case for alter-globalization against private sector corporations and financial institutions that take control away from local government--- under the guise of trade agreements in the name of globalization to fuel their own agenda to maximize profits without regard for the people.

Globalization, it’s a word we are familiar with, we studied, used and observed it. It’s a way to exchange resources between nations to advance faster in terms of technology, education and overall quality of life. Recent studies have determined that goods are being

Industries realizing the growing concerns with respect to sustainability policies are undergoing reconstruction creating new jobs and resources, helping the nation focus more on generating skilled labor that can tackle “new age” technology and policies.

We have seen the various drawbacks of “cultural imperialism” across the globe. But there are benefits as well that cannot be overlooked. Charles, J (2004) mentions that human interaction is inevitable; they tend to seek out each other and trade ideas, products and services and to limit that desire would be futile (In Dollahite & Haun, 2012, p.188). Cultural globalization allows access to new products such as art, education as well as better comprehension of foreign values and clearing misconceptions about different cultures. It has played a major role in improving quality of