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Impacts of globalization
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The Link Between Globalization and Poverty
The word globalization gets tossed in conversation with out even slipping our minds what it is. But what is it? Globalization is the concept of companies sending jobs overseas to those who will work for less. Globalization is the ability to go to McDonald’s in China and eat a Big Mac that tastes as if you ate it on your homeland. Globalization allows you go on Facebook to communicate with your exchange partner in Germany in a matter of seconds. However, globalization can be defined even broader that includes multiple influences. The most suitable definition would be that globalization is the collapse of barriers between countries allowing labor, goods, and services to be freely exchanged. One aspect that seems to be controversial is the how globalization has affected the wealth of others. For instance, outsourcing has led to a vast majority of job for citizens in less developed countries giving the ability to slowly crawl out of poverty. But yet there are still other countries that watch their poverty rate skyrocket. I will take controversial looks on globalization, where it enhances a country’s economy and visa versa to develop an answer.
Johan Norberg argues that outsourcing is a great way to provide jobs to the people in thirds world countries as stated in, “The Noble Feat of Nike.” Norberg looks at the American jobs that have been outsourced to Vietnam to see how it has influenced the lives of people living in less developed countries. The citizens in his article work at one the most wealthiest shoe producers today, Nike. The number of workers employed for Nike has quadrupled since it has moved overseas. This large expansion has endorsed an increase production, but what happens t...
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... can be furious knowing the product is so cheap because the workers are paying for it with their low-income wages. The way in which someone decides is based on his or her morals, cultural views, how they measure globalization, and through what aspect of globalization they are touched by.
Works Cited
Bardhan, P. (2004). The Impact of Globalization on the Poor. Climate Change, Trade,
and Competiveness, 271-284.
Black, S. (2001). Life and Debt. Web.
Hill, R., & Rapp, J. (2009). Globalization and poverty: Oxymoron or new
possibilities?. Journal of Business Ethics, 85, 39-47.
Juhasz, A. (2002). The Globalization of Poverty. Sentient Times: Alternatives For
Personal & Community Transformation, 10(2), 9.
Norberg, J. (2014). The Noble Feat of Nike. The New World Reader, 187-190.
Nye, J. (2014). Fear not Globalization. The New World Reader. 204-206.
Since 1990 after Vietnamese government removal of control over the economy, it has doubled and it has cut poverty in half and helped make Vietnam into a more modernized and progressive country. He also looks into why Nike Company works better overseas, and that is due to worker satisfaction. He comes to a conclusion that the effect of globalization is not necessary a bad thing it helps third country’s quite a lot in the development process in trying to modernize and later maybe possible to compete with the first world country’s for later generations in my thought. As the author puts in “The Noble Feat of Nike” the job comes with a regular wage, which is three times the minimum wage for a state owned enterprise that also comes with free or subsidized meals, free medical services and training and education. Now in 2003 ...
Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that I would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know. This results in me being more informed and benefited about the world as a whole because of globalization bringing the different culture of the world so much closer
Poverty in Developing and Less Developed Countries The world includes less developed countries and developing countries. Less developed countries are countries considered to be poor and often contain many people who are in absolute poverty. Developing countries are countries like India, which are gaining in wealth. There are two types of poverty within the world.
Corporations in the United States have proved time and time again that they are all about profit and not about what is good for America. One example of this is the fact that many corporations have factories in other countries, or buy from other corporations that do. Nike (an athletic shoe and clothing company) produces most of their shoes and apparel in factories in other countries, including Japan, South Korea, Indonesia, China, Vietnam and Malaysia. According to Nike’s factory disclosure list released May 2011, only 49 of it’s over 700 factories are located in the U.S. (Nike, Inc.) This means that thousands of jobs that could be filled by needy Americans are instead being filled by workers in other countries. This reason that Nike and other corporations outsource is very simple, it is very cheap to do so. In an excerpt from Jeffrey St. Clair's book “Born Under a Bad Sky” the author describes the vast differences between Nike’s production costs and retail prices. “In Vietnam, it costs Nike only $1.50 to manufactu...
Globalization is a series of social, economical, technological, cultural, and political changes that promote interdependence and growth. Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation. (Harris 5-23) The main cause of globalization is influence from other, more developed, countries. Globalization is a historical process that results from human innovation and technological progress. The social effects of globalization are clearly illustrated in Peru. Once a third-world country filled with poverty and oppression, Peru is now transitioning into a developed nation. In Peru, globalization has raised the human development index, empowered women, and created a stronger country. (Leon 90-91)
As esteemed journalist Tom Piatak wisely puts it, “The trickle of outsourcing threatens to become a flood.” His words speak the truth as outsourcing has left United States’ workers jobless, and it continues to increase the unemployment rate every year. During February of 2009, American workers lost a record 651,000 jobs alone, increasing the unemployment rate to 8.1 percent, the highest it has been in 25 years (Katel). Multinational corporations, hoping to cut down costs and stay profitable in the market, outsource by exporting American jobs to third-world countries such as China and India. It may seem noble that outsourcing provides third-world countries with job opportunities, but the United States’ markets and industries are greatly affected. Outsourcing is harmful to the United States’ economy because it paves the way for job losses, decreases product consumption, and widens the gap between the rich and the poor.
Linda Lim, a professor at the University of Michigan Business School, visited Vietnam and Indonesia in the summer of 2000 to obtain first-hand research on the impact of foreign-owned export factories (sweatshops) on the local economies. Lim found that in general, sweatshops pay above-average wages and conditions are no worse than the general alternatives: subsistence farming, domestic services, casual manual labor, prostitution, or unemployment. In the case of Vietnam in 1999, the minimum annual salary was 134 U.S. dollars while Nike workers in that country earned 670 U.S. dollars, the case is also the similar in Indonesia. Many times people in these countries are very surprised when they hear that American's boycott buying clothes that they make in the sweatshops. The simplest way to help many of these poor people that have to work in the sweatshops to support themselves and their families, would be to buy more products produced in the very sweatshops they detest.
(Bilton et al 1996:5) The process of globalization has certainly had many changing effects to the world we live in; it has also changed the way many factors operate. Globalization is said "to have transformed the structure and scale of human relationships that social, cultural, political, and economic processes now operate at a global scale with a consequent reduction in the significance of other geographical scales. "(The Dictionary of human geography 2004:315) Globalization has had both positive and negative effects on a local, national, international and global level. Globalization often brings benefits at one level which cause negative effects at another, these results and the scale at which they manifest are often uncertain and unpredictable.
...orking environments for their factory employees. Even with international groups and organizations keeping a constant watch on companies who outsource work to impoverished countries, there is often little that can be done to control these companies. Lack of local enforcement and overlooked international law makes it easy for money-hungry companies to get away with morally wrong behavior. By bringing attention to these types of situations and not supporting companies who do not treat their workers fairly, executives will be hit where it hurts them the most, their pockets. When their profits decrease, they will be forced to look for alternatives to manufacture their products.
Just imagine waking up in squalor, a once prominent society, now a desolate wasteland. All because foreign interest has raped your land of its natural resources and you seen not a cent in profit. Although, globalization is unifying the worlds developed nations and is bringing commerce to nations that have struggle in past years. True, globalization has many positive effects but do the pros outweigh the cons. In this essay I will discuss Globalization ruining the integrity of many countries and also is forcing many undeveloped nations into a bind, and is causing economic distress on some developed nations. Also, due to economic globalization the nations of the world are diluting their culture, sovereignty, natural resources, safety and political system. My goal is not to change your way of thought, but only to enlighten you of the negatives of global economic expansion.
Globalization, love it or hate it, but you can’t escape it. Globalization may be regarded as beneficial from an economic and business point of view, but however cannot be perceived the ditto when examined from the social sciences and humanities side of it. Globalization can be argued as a tool for economic growth, advancement and prosperity through co-operation between the developed and developing countries. The pro-globalization critics argue that the benefits that globalization brings to developing nations surpasses or outcasts the negative impacts caused by globalization and may even go a step further to state that it is the only source of hope for developing nations to prosper and stand out. However, the real question to be asked is as to what extent are the positives argued upon without taking into account the negative aspects of globalization towards developing countries. Moreover, how many developing countries out of many are exactly benefiting or even prospering from globalization is another question to consider. Therefore, my paper will dispute that indeed growth and advancement provided by globalization to developing countries is beneficial in short-term, but in the long-run, it will only bring upon negative impacts and challenges due to the obstacles involved such as exploitation of labour and resources, higher increase in poverty, and effects of multi-national corporations on local businesses and the economy, and to an extent the effects on the developing country itself.
Globalization is a term that is difficult to define, as it covers many broad topics in the global arena. However, it can typically be attributed to the advancement of economic, social, and cultural interactions among the companies, citizens, organizations, and governments of nations; globalization also focuses on the interactions and integration of countries (The Levin Institute 2012). Many in the Western world promote globalization as a positive concept that allows growth and participation in a global community. Conversely, the negative aspects rarely receive the same level of attention. Globalization appears to be advantageous for the privileged few, but the benefits are unevenly distributed. For example, the three richest people in the world possess assets that exceed the Gross National Product of all of the least developed countries and their 600 million citizens combined (Shawki and D’Amato 2000). Although globalization can provide positive results to some, it can also be a high price to pay for others. Furthermore, for all of those who profit or advance from the actions related to globalization, there are countless others who endure severe adverse effects.
Globalization’s history is extremely diversified and began during the beginning of civilization. Now we live in a world that is constantly evolving, demanding people to use resources in locations that are very difficult to obtain certain resources. This could make it completely impossible to operate in these specific parts of the world. However, globalization allows people across the world to acquire much needed resources. Globalization creates the opportunity for businesses to take advantage and exploit the ability to take part of their business to a different country. Nevertheless, globalization is part of today’s society and will be involved in virtually all situations.
As developed countries quench their thirsts for petrol, developing countries around the world are left behind, force to watch on without any help from the outside community. Being poor means to be disadvantaged in every single way. It means not being able to support yourself or your family or have the basic necessity to life. Without substantial help for these helpless people then we should be feeling guilty that we are living lives far better than what others are experiencing. Poverty may because by wars, disease or lack of education and infrastructure and the resulting consequences may be hunger, starvation, crime and ultimately death. If poverty is not eradicated then injustice will continue, increasing death tolls and lives.
Causes and Solutions of World Poverty Poverty is prevalent throughout the world around us. We watch television and see famous people begging us to sponsor a child for only ten dollars a month. We think in our own minds that ten dollars is only pocket change, but to those children and their families, that ten dollars is a large portion of their annual income. We see images of starving children in far away countries, and our hearts go out to them. But we really do not know the implications of poverty, why it exists, or even what we can do to help combat this giant problem in our world.