The one thing that the world definitely needs to do is a better way of understanding globalization. Today, in the era of globalization, which concerns different aspects of life, such as politics, economics and society, it is hard to imagine the life without thousands of goods and services from all over the globe. There are hundreds of multinational corporations that are widespread all over the world, such as Mc Donald’s and Burger King, Coca Cola and Pepsi, Apple and Samsung, Nike and Adidas and others. Today grocery stores offer fruits and vegetables that were grown in South America, clothes that were made in China or Vietnam, and cars that have been manufactured in Mexico, India, South Africa or Brazil. All of that is the result of the economic globalization. The economic globalization is the process of integration of markets and interaction among people, companies and states. Multinational corporations play a huge role in globalization by opening its factories abroad, usually in developing countries, such as, China, India, Vietnam and Bangladesh, in order to find a cheap labor force, escape from taxes and environmental regulations. Multinational corporations promise countries economic development and prosperity, but in reality they put workers under terrible conditions by creating sweatshops and using child labor. Despite all the promises that multinational corporations will benefit developing countries, economic globalization and specifically multinational corporations actually widen the gap between developed and developing countries by using sweatshops, child labor and violating human rights. Therefore, it would be beneficial to impose tariffs on multinational corporations and create stable organizations that will control mul...
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Globalization helps many people achieve greatness. But for the majority it brings hardships and struggle. People will be plagued by the effects of globalization and will have a tough time over coming it. We are far from reaching a point where we can say we have sustainable prosperity throughout our world. But before we focus in on sustaining prosperity, we must first reach prosperity and bring it to all corners or the earth.
The west has attempted to fight child labor for years now with little dent in curving the use of child labor across the globe. The primary reason has been the failure to find practical means to translate our intuitions on practices that ought to be eliminated into effective solutions. Economically deprived countries in order to compete in the global economy have offered child labor (Low cost Labor) as competitive advantage and companies from the west have let low cost, high profit, blind their morality. Hence, rather then making sure no child labor is in their product cost they have embraced or looked the other way when it comes to child labor.
Globalization’s shift to large scale production has forced companies to move towards localization, or expanding to other nations, and less standardization. Localization allows corporations to monopolize the power over cultures of other nations. In fact according to the World Bank’s World Development Report in 2000, of the world's 100 largest economic entities, 51 are now corporations and 49 are countries (Anderson, Sarah). National governments have lost their grasp on world power. The top corporations now suppress the combined economies of the countries and not to mention control the working conditions of countries they hold much influence over. Allowing these corporations to do as they please, charge what they want, and pay less than expected. After all how else would they be so powerful without excess profit? For example according to one source, 60% of the banana trade is controlled by only 3 companies and the all fami...
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The world is not a large and strange place anymore. The world is a place that is interconnected and intertwined. The world has become from a place that each country and their peoples are separate and isolated to a place that each country and their peoples are part of a global network. Thanks to globalization this is occurring. Globalization is the ‘international integration” or ‘de-bordering’ – “a number of highly disparate observations whose regular common denominator is the determination of a profound transformation of the traditional nation-state” (Von Bogdandy 2). Globalization is connecting different people from different cultures and backgrounds together. More and more corporations are entering new foreign markets to sell their products to the native populations. But at the same time globalization is negatively hurting people and countries. Globalization is hurting workers and small countries. Workers are forced to work for low wages and small countries are being manipulated by large countries. Globalization is having a negative impact on this world and it outweighs any positive it produces.
Child Labor is not an isolated problem. The phenomenon of child labor is an effect of economic discrimination. In different parts of the world, at different stages of histories, laboring of child has been a part of economic life. More than 200 million children worldwide, some are as young as 4 and 5 years old, are slaves to the production line. These unfortunate children manufacture shoes, matches, clothing, rugs and countless other products that are flooding the American market and driving hard-working Americans out of jobs. These children worked long hours, were frequently beaten, and were paid a pittance. In 1979, a study shows more than 50 million children below the age of 16 were considered child labor (United Nation labors agency data). In 1998, according to the Campaign for Labor rights that is a NGO and United Nation Labor Agency, 250 million children around the world are working in farms, factories, and household. Some human rights experts indicate that there are as many as 400 million children under the age of 15 are performing forced labor either part or full-time under unsafe work environment. Based upon the needs of the situation, there are specific areas of the world where the practice of child labor is taking place. According to the journal written by Basu, Ashagrie gat...
These results change or modify political organizations to be suitable for the needs of global capital. Regions and nations are encouraged to import and export of goods from other parts of the world rather than supplying or manufacturing them in their own homeland. Thus, seeking expensive manufactured supplies or goods from third world countries to import them to the first world corporation’s injunction with the free trade zones of globalization (Ravelli and Webber, 2015). These negotiations raises new organizations, for example, the World Trade Organization (WTO) to aid and supervise both countries to for a legalized trade. However, Neoliberalism amplifies the negative aspects of globalization’s effect on the economy. For example, deregulation, decrease of government benefits, and tax modifications (Bunjun, 2014). Nevertheless, relating these negative aspects to the documentary Made in L.A. (Carracedo, 2007) which is the main issue of increased risk of employment for both the first world and third world countries. In regards to, a switch from full time stable and secure jobs to part time unstable and insecure jobs. This reduces career growth for many employees, which they recognize, and thus switch jobs – where as they may not fit as well (Bunjun, 2014). As a result, globalization causes market inefficiency via labor market segregation and exploitation, unemployment and underemployment, unequal access to employment (Bunjun,
Now, before I bash globalization it is some positive I would like to discuss. Globalization is great for the American economy; we can supply the world with our goods and services, which in turn can possible, relieve the deficit we’re in. “Homegrown industries see trade barriers fall and have access to a much wider international market. The growth this generates allows companies to develop new technologies and produce new products and services.” (Buzzle) Also, globalization leads to better relations between countries when they create trade agreements. Globalization does not drain every under-developed company but brings a new era of economic change and the hope of being a world super power to certain nations. “Economic globalization gives governments of developing nation’s access to foreign lending. These funds are used on infrastructure including roads, health car...
First of all globalization has led to exploitation of labor. We can’t ignore the fact that ethical aspects of international business deserve special attention. Corruption and engaging in illegal practice to make greater profit is a source of continuing controversy. Sometimes companies go international and move their production to foreign countries so they could employ workers for long hours, at low wages and in poor working conditions (sweat shops). They are also using child labor, the employment of children to a full time work that can be otherwise done by adults all that so they could get out of their responsibility towards their workers by avoiding paying them national insurance …When these multinational firms go abroad they forget all about principles and about human beings and their rights, according to Kent, J., Kinetz, E. & Whehrfritz, G. (2008/March24). Newsweek. Bottom of the barrel. “The dark side of globalization: a vast work force trapped in conditions that verge on slavery”, David, P. Falling of The Edge, Travels through the Dark Heart of Globalization..Nov 2008. (p62) also agrees with them when he explained his concerns about Chinese and Indians t...
For all these reasons the fact that even where child labor is declared illegal, it continues to exist and is seen as a natural phenomenon, and it is invisible to the casual observer. Child labor is often surrounded by a wall of silence, indifference and apathy. But that wall is beginning to crumble. The process of globalization and the development of modern means of communication have made the plight of working children a major issue on the agenda of the international
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Child labour is an issue that has plagued society since the earliest of times. Despite measures taken by NGOs as well as the UN, child labour is still a prevalent problem in today’s society. Article 23 of the Convention on the Rights of a Child gives all children the right to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the child 's education, or to be harmful to the child 's health or physical, mental, spiritual, moral or social development.1 Child labour clearly violates this right as well as others found in the UDHR. When we fail to see this issue as a human rights violation children around the world are subjected to hard labour which interferes with education, reinforces
The process of globalization allows the global market to include products and services from all the companies around the world, including all the investments that is across national borders. Indeed, many American companies have taken their merchandise, manufacturing and services to invest in other countries. However, this has produced a negative effect in the global economy. The American companies