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Globalization and its effects on society
History of globalization
Importance of globalization in our society
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“Today globalization is not an aspiration: it’s a reality. Only sixty years separate us from an attitude in academia that today feels risible in its narrow and parochial focus. We historians strive to constantly update and broaden our expertise to keep our focus on the vast varieties of human experience.” (Bacon 2013). Globalization has angles that argue that it is a good thing. To illustrate, job opportunities open up to individuals in developing countries, and private corporations, and open markets are providing enhanced goods and services. (GMGT 1010 TEXT 2016). It has many aspects to it, and like most systems, it is not perfect. There are many issues surrounding globalization that include: violations of human rights, inequality and …show more content…
(GMGT 1010 TEXT 2016). As a matter of fact, 20 percent of the population who are wealthy account for three quarters of the world’s income; while 40% of the poorest acquire 5% of the global income. (Shah 2013). This goes to show that developing countries are at a disadvantage when money is being dispersed. These issues cannot be ignored because every stakeholder in a business should be recognized as an equal party of the corporation. What is this issue and why is it important? The matter in question of working conditions and labour issues surrounding globalization, showcases that businesses will do whatever it takes to keep themselves open, whether or not working conditions cause harm to employees in developing countries. This is important because globalization is the source of income for these …show more content…
Firstly, countries are in competition with the global market, and once they enter the competition, they have to keep up with their opponents in order for their economy not to crash. (GMGT 1010 TEXT 2016). It seems like countries which are in competition with one another, like Canada and the United States of America, are more concerned with how their economy is doing, and who can rise to the top and being the best, rather than being concerned with the worker’s safety. To illustrate, H & M until this date is still associated with child labour in Bangladesh and Uzbekistan. (from, H&M: Violations of Labor Rights in Uzbekistan, Bangladesh, and Cambodia). “Young 12-year-old children work up to 2 hours for miserably low wages to supply H&M.” (from, H&M: Violations of Labor Rights in Uzbekistan, Bangladesh, and Cambodia). Not only is child labour wrong and unethical, but there was an incident in 2010 where their goods caught on fire, and had left 21 workers dead. (Lamarque 2016). Developed countries do not focus their attention on these issues, because they have businesses to run, and are concerned with keeping their economies in good shape. Especially in Canada where the dollar has been recently dropping, it is unlikely that there will be room for fair wages to those in the developing countries. Workers are still attending to their jobs, because they need an income under any
In today’s world, increasing big companies open factories in developing countries but many people said it is unethical and the factories are sweatshops. Most of the sweatshops were opened in east Asia and third-world countries and regions. The companies open the sweatshops in order to get more benefits is a kind of very irresponsible behavior. For example, Apple's factories in China are not good and unethical. Audit finds
Today we see the labor reforms put in place along with organizations that hold business to safety precautions like OSHA, Occupational Safety and Health Association. Today, worker’s fight for higher minimum wage but outside of America, there are worker’s fighting for the same rights we did back in the 1900’s. Back in 2013, in Bangladesh, a series of fires occurred. This raised questions about safety and treatment of workers. Within a few months, the government allowed the garment workers to form trade unions along with a plan to raise the minimum wage. And soon after, the United States pushed for Bangladesh to improve their labor standards. All of this happened within half a year, where back in the 1900’s it took over 50 years, starting with the coal miners. Without the workers as a sturdy base for the business, the company with crumble and fall. And without those businesses to help the economy grow, the government will cease to
When the term “Globalization” is discussed, most academics, scholars, professionals and intellectuals attempt to define and interpret it in a summarized fashion. My main concern with this approach is that one cannot and should not define a process that altered decades of history and continues to, in less than 30 words. Global Shift is a book with remarkable insight. Peter Dicken rather than attempting to define the commonly misused word, explains Globalization in a clear and logical fashion, which interconnects numerous views. Dicken takes full advantage of his position to write and identify the imperative changes of political, economic, social, and technological dimensions of globalization.
(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.
There has been increased the outcry by international labor organizations accusing multinational companies of foul play when dealing with their workers. Many multinational companies, in a bid, to reduce operation costs and costs of production, end up suppressing their clueless workers. Some multinational companies have gone to the extent on having their central productions being done in low-income earning companies where they would not have many responsibilities to bear for the workers. Coca-Cola, however, has received widespread criticism for its mistreatment of workers and the way it has...
Life nowadays is getting harder and standards of living are reducing continuously. One of these is labor, as it gets cheaper and leads to violating worker’s rights. Because free trade market continues to push forward the global economy, it becomes difficult to hold corporation accountable for their poor practices. So Rather than preventing this problem, Manipulations of Multinational Corporations is getting harder to face because they are benefiting from it. There are many examples for Multinational Corporations’ violation of human rights and environmental abuses. First, Nestlé for unnecessarily marketing infant formula to nursing mothers, pushing bottled water sales, and failing to stop child labor in cocoa fields. Second, Syngenta for marketing harmful pesticides to farmers, contaminating waterways, and failing to assume responsibility for harm done to people exposed to their chemicals and the declining bee populations. Third, Mattel’s involvement in labor violations encourages abuse through its purchasing practices and inaction when labor violations are uncovered. To maximize profit and reduce risk, Mattel outsource production to factories in developing countries.
In the United States many people complain about how much work they do during a week. Many people also complain about how they are not being treated fairly in the workforce, people talk about the low pay, or their boss having an attitude. People in America aren't grateful for their safety in the workforce. They aren't grateful for having a right where there job can be held liable if something bad happen to them while in the workforce. They aren't being force to work with hazardous products like many third world people are being forced. In third world countries day by day many people are dying due to the condition place in front of them by sweatshops. Many of these people working in these sweatshops don't really have that much choice of jobs.
These corporations include Nike, Walmart and many more, these businesses function in multiple countries which can bring some issues as well as benefits. Multinational Corporations are involved in a great deal of corporate social responsibly(CSR) projects which means they strive to adhere so ethnical and social norms. In addition to CSR, multinationals provide a large number of jobs in developing countries in their factories, call centers, etc. Revenue in developing countries due global trade also increases which is a benefit. However, this triggers corruption and violations of regulations because governments are more concerned with higher GDPs and development rather than regulations restricting these large corporations. An example of this is the unsafe working conditions, as a result thousands of workers die or are injured because they are not given correct clothing and safety gear to work the machines. Another concern is factory audits are not legitimate, and managers improve conditions or hide certain workers when it is time for inspections. In order for free markets to work correctly and in a socially adequate manner, countries hosting multinationals should be harsher and consistent with
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...
Globalization is an overwhelming trend. It is no doubt that there are many positives rise out of globalization, but equally some serious negatives brought from this trend, such as gradual disappearance of ethnic identity (Buckley, 1998). This essay is going to address some positive effects of globalization generally, and then it will focus on impacts of this trend on developing countries.
During the Industrial Revolution worker were treated horribly. Workers slaved over their job from beginning to end with little or no breaks in hazardous working conditions where accidents were common. When it was time to go home workers would return to cramped quarters usually inhabited by three or more families at once. And for their labors, workers were rewarded with pay that would only suffice for food and housing, leaving them with little and sometimes no money leftover. Unknown to many consumers, hundreds of American companies-ranging from Walmart to Nike and even to Toys'R'Us-show their support to sweatshops in third world countries and their poor working conditions by continuing to buy goods from them and overlooking shady audits used to conceal truths. In these sweatshops that companies so easily overlook, are poor working and living environments that are unimaginable to those who are protected from ever encountering broke...
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.
A multinational firm may move its facilities to a developing country to reduce expenses. The company might then not be able to tolerate practices like child labor and poverty level wages that are acceptable in that state. Improvement of the conditions of working like safety standards lower the level of cost saving that is generated by a company.
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.
Not only is there a sense of globalisation in the things we watch but also in the way we watch them. For example, digital television has become such a part of everyday life for the majority of UK viewers that many don’t even know they have it. The total number of households in the UK with digital television now stands at 15,715,178. We are now able to watch the same channels as people at the other side of the world, thanks to digital television. We have so much choice that we, at times, don’t know what to do with all of it. It has the availability to hold around 999 channels ranging from BBC channels to children’s cartoon channels, from DIY shows to adult content channels; it is all available to us.