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Essay on Globalization Causes Poverty

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According to J.H. Mittelman, globalization is "a historical transformation in economy and cultural diversity." Globalization is the idea of making the world act like one huge country. Globalization affects this world and the people in this world in many ways. Globalization affects the economic status of a country. It has indeed weakened the position of poor countries and exposed poor people to harmful competition.

Globalization is the strategy of liberation that becomes an economic nightmare for the poor. The poor countries disintegrate and worsen via trade and investments. Even if the world co-operates and acts as one country, the richer always gets to say what happens. For example, United States is a country that is one of the richest in this world. They influence globalization to their own advantage, harming the economic and cultural issues of the rest of the world. They might be concerned about some countries, but not most of them. For example, the Saharan countries is mid-Africa is not getting any attention from the “giants” of this world. Poverty is increasing which proves that globalization has become a dominant factor in producing poverty. The effects of globalization leading to poverty maybe due to competition among different workers or foreign investment. Workers from different viewpoint of the world are different. If they compete against each other, surely the workers with more facilities, which are from the rich countries, will be advancing. Therefore, my poin...


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