For What It's Worth

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Recommended: merits & demerits of globalization

What is globalization? Globalization is defined by our Perspectives on Globalization textbooks as the process that is making the world increasingly more interdependent economically, socially, politically and technologically, however this really doesn’t give us a great insight into whether this process is either beneficial or a detriment to society, it just gives us a blunt definition of what globalization is. Though there are differed opinions on this controversial topic, with the general consensus being in favour of globalization being a positive factor in society, however, several citizens believe that globalization is a negative force in our world due to its rather capitalistic view towards issues such as famine and poverty. Although the benefits of globalization are astounding, is it really worth sacrificing our morals for that extra dollar? The answer, most definitely, is no.

To many, the main issue behind the idea of globalization is that the benefits of this process only applies to the privileged few who control the corporate section of transnationals, and that these benefits are not shared among all aspects of these companies. A great example of this crime would be the American multi-billion dollar enterprise of department stores known as Wal-Mart, which is well known for not giving money back to the communities its stores are established in. It has been observed, in several cases, that when a Wal-Mart store opens in a town people flock to it because of its low prices. As a result of these actions, the local economy plummets and poverty and famine become rampant. This in turn, leads to the increased dependency on social programs, which are funded by the government, resulting in higher taxes causing those affected to beco...

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... truly a disservice to society.

“Globalization, as defined by rich people like us, is a very nice thing... you are talking about the Internet, you are talking about cell phones, and you are talking about computers. This doesn't affect two-thirds of the people of the world.” This quote from US President Jimmy Carter perfectly describes what globalization does; it takes what is useful in the world and gives it to the select few who gained it through unjust means. Whether it is the exploitation of workers, imperialist policies in the past, or the capitalistic mindset of this awful process, globalization is without a doubt a negative force in our society, and is not worth any of the benefits that are bestowed upon that one third of us that globalization graces. Hopefully, the rest of the world will see this one day, but maybe that is just wishful thinking.

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