Globilization is the Enemy of Democracy

Globilization is the Enemy of Democracy

Examining the reasons of why globalization is the enemy of democracy. Demonstrations against WTO (World Trade Organization) suggest that nations need to reclaim their freedom from external control by controlling cross-country negotiations.

A demonstration like no other in Seattle last fall had two results. It paused the World Trade Organization and reintroduced the issue of globalization to the political scene. America today has a very healthy economy. Very low unemployment rates. Stock markets soaring with new highs nearly every day. Although many economist are arguing contrarily to what’s factual. Some economist believe that our economy is entering a new stage of Capitalism where the old rules no longer apply. Economist believe that this new stage of globalization of all nations is increasingly being nurtured by the computer and above all by the Internet.

Global political and economic mutual action is a new topic. As far as the 15th century, countries combined and made worldwide empires in which almost everything flowed smoothly. In the 1900’s the percentage of foreign born in the US was 14% compared to what it is today at only 8%. Most of American growth was financed by Europeans and unpaid loans were plenty.

Today the prospects of globalization are far from reality. The recent World Trade Organization can vouch for that due to their un-collaborating disputes. For example, the war between the US and Europe over genetically enhanced resources is a long time issue that hasn’t been resolved. To get down on a cultural level, many local cultures are in opposition to American domination.

In times of war the economy was torn apart but after war there was a sudden urg...

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...fects the world and has created the greatest problem of nations losing the ability to control their own matters in the vast global economy.

With in this large world economy, nations have a long way to go before a global economy can be achieved. To support it we need a global society. Countries in Europe are working toward that step by merging national economies into a larger European Union. The World Trade Organization have already set the issues on the table, I believe it marks the beginning to work toward solutions to correcting all these problems within nations and within our own country if they can ever collaborate and do their jobs.

Bibliography: “Globalization: Myth, reality, problems”, America; New York; Feb 19, 2000; by Victor Ferkiss.