Advantages and Disadvantages of Globalization
Globalization (or Globalisation) means that nations can
indulge in free trade with each other. Globalization is also a global movement
towards communication, financial, and economical integration. The exact pros
and cons of globalization cannot be determined because it is relatively a
recent development; right now. So, it is really hard to figure out all the
effects of globalization. There are two kinds of people globalist and
anti-globalist, those who support globalization and those who are against it,
respectively. Globalists usually sees its positive sides or pros, and
anti-globalist look for its negative effects or cons. Globalists state that
globalization is very beneficial for the quality of the life of people living
in the countries as well as for the economic growth. On the other hand,
anti-globalists states that globalization is harming the environment and the
economy of the countries; however, they likewise believe that globalization is only
beneficial for wealthy countries.
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| Pros and Cons of Globalization © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
In the post before
last we have discussed modernization theory and development theory, so I
thought now I should talk about globalization; please remember that I am not an
economic expert and I won't be able to define everything in the scintillating manner. I am just explaining what I know and what I discovered through the internet
research. Most of us are acquainted with the term globalization; however, only
a few know what is globalization, specifically, and what are the advantages and
disadvantages of globalization. Let's first talk about Anti-globalization
movement.
Anti-Globalization
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| Anti-globalization © Akhil Sharma | AnythingRelated.com |
Globalism
Pro Globalists believe that the financial development as
well as the economical growth that takes place due to the effects of
globalization, overshadows its down sides or cons. They believe or expect that
the economic advancement will cover all the damages caused by globalization
such as environmental damage. They expect that nations will overcome poverty by
providing their people access to better infrastructure, clean water, and
technology that is incorporated with economic business development. Pro
globalists also believe that corruption can hinder the advantages of
globalization; however, they do not have any solution to this. "Corruption, development,
and globalization are linked together, but we are only looking for potential
gains or benefits of globalization," stated by a pro globalist. The planning or
the operation of foreign policies as well as the global trade, and integration,
and different ideologies of globalization are the real concept of globalism.
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| © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
Global Trade or International Trade
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| © Akhil Sharma | AnythingRelated.com |
Outline: Positive and Negative Effects of Globalization
Globalization can help international corporations and big
companies that might create ecological disruptions as well as pollution. Many
globalists believe that the negative effects of globalization can be covered
through the economic growth (positive effect of globalization). Nevertheless,
corporations are not liable for cleanup. As mentioned in the beginning of this
post that all the effects of globalization cannot be estimated since it is
relatively a new development, however, we know that both positive and negative
effects of globalization exist. Economic growth, technological innovations,
communication, social media, free trade, worldwide integration, access to
different cultures, open foreign policies, more investment opportunities, and a
few more are positive effects of globalization, while ecological disruption,
pollution, global warming, international regulations, and a few more are
negative effects of globalization. Food chains like McDonald, domino's, and
other junk food promoting companies are opening worldwide, risking people's
life and resulting in negative impacts on people's health. These are likewise negative effects of globalization. Actually, it is really hard to put together
all the negatives and positives, since globalization is a big term and there
are many sub categories and sub zones incorporated in it. However, each
category or side has some positives and negatives. We should encourage positives, but we should
also not ignore the negative ones because critisim leads to success.
Let us discuss a separate element of globalization: the
sociology of this recent development
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| The Impact of Globalization: Glacier Retreating © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
The Sociology of Globalization
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| The Sociology of Globalization © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
Globalization and The Middle East
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| Westernization in the middle east © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
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| Middle east and globalization © Akhil Sharma | AnythingRelated.com | All Rights Reserved |
Very interesting and different kind of post.you have covered well the topic of globalization
ReplyDeleteFinancial and economic growth does occur but it can also impact small business owners and smaller communities. I think it has its pros and cons.
ReplyDeleteSuch mixed feelings about this sort of thing! My best friend who was also my maid of honor in my wedding is from Kwait. So I'm pretty familiar, at least from her perspective of these things and she says it's definitely good how people in the Middle East can now see things news wise, but also our view on people in the Middle East is so wrong. Sometimes we in America try to intervene too much & should let things be... So i really don't know. I try to view from all sides though.
ReplyDeleteI think just like others, globalization has its advantages and disadvantages. We just have to look at it as how it's going to help a country's economy. Is it going to do more damage than good? Something like that.
ReplyDeleteI agree with you, hope that globalization brings more good to our country than its disadvantages.
DeleteAs long as it benefits the end-consumer, then I am all for it.
DeleteThis was a very informative post. I don't think about Globalization that often and after reading your post, I want to try to stay on top of it.
ReplyDeleteGlobalization affects every one. It can be in a good way or a bad way, it just depends on how we view change.
DeleteYes, it does affect everyone. I think that it is subjective depending on the individual as well.
DeleteAnything associated with change has both negative and positive effects. I love this post. I am for globalization, because it encourages people (and corporations) to make better products to be globally competitive, which would, in turn benefit the consumer.
ReplyDeleteThis is something I rarely think about, but thank you for pointing out some of the pros and cons of it.
ReplyDeleteGlobalization is an issue which will take years to truly understand. Yes, there are some pros to it--but at the moment imo there are more cons. If the big companies are allowed to "ruin" the environments of the poorer countries--then you won't have to worry about globalization--those countries will ultimately disappear from environmental causes or swallowed into the larger countries. The seas and oceans are rising---from that alone countries will disappear.
ReplyDeleteIt is a complicated concept to understand. It is important to keep in mind the cons with regards to pollution and the planet.
DeleteOne would think there is only pros from globalization. I never thought about the negative effect it has.
ReplyDeleteI never though of some of these disadvantages before!! I think we will see the long terms cost of globalization in the next decade. But a lot of the advantages are amazing as well.
ReplyDeleteGlobalization can be a great thing when it's done in the right way. Lately, all the trade deals in the states have been abysmal, though.
ReplyDeleteI think you cover this very well. You show both sides of the coin and I think that's important in any decision that people make.
ReplyDeleteThis is such an in-depth and informative post. There is most definitely pros and cons to both sides of the coin. x
ReplyDeleteVery interesting post. Something different to read, which is a nice break. I have to admit I don't think too much about globalization but it is something I think we all need to look at and maybe learn from. With everything there can be good and bad and you have covered alot from either side.
ReplyDeleteI hadn't really given much thought to the pros and cons. Interesting take on it, but need to learn more before I make up my mind of which side I'm on.
ReplyDeleteDefinitely pros and cons to globalization. Living in a small town in Northern Norway one of the negatives is how much globalization has effected the society here. I guess over time we will learn more about the positives and the ramifications.
ReplyDeleteI think there are pros and cons to Globalization, and you've done a great job exploring both. It's shame when small businesses, the environment and poorer people or countries suffer from Globalization. Maybe we can find a balance.
ReplyDeleteEverything has it's pros and cons and being someone who lives in the "free world" I'm all for globalization. I love how you broke it down though.
ReplyDeleteI haven't studied globalization since college, but I do remember it was a hot button topic at one time when I was there. I know it has its pros and cons, but I am not sure whether I am for it or against it.
ReplyDeleteThat's a very interesting post that refers to the world's economy as well. In a way, the US is already a model for how globalization naturally works.
ReplyDeleteWe need more people that can see both sides of the coin like this. Great explanation!
ReplyDeleteThough not exactly globalisation but Europe has had similar happens in having the European Union countries encouraging free trade in the countries in Europe if has had both good and bad impacts on different economies
ReplyDeleteI must say that I am pro to globalization, it is very promising and we will benefit from it. There are still some down side but we can work on it.
ReplyDeleteGlobalization in itself is a generalization, yet this post is so much more informative and detailed. Like anything on this planet globalization has its advantages and cons, is it bad? we decide and we have a choice to make changes!
ReplyDeleteJulie Syl
This is something I don't think about often, thank you for pointing out some of the pros and cons of it.
ReplyDeleteI'm on the fence, there's always and upside and downside to everything. I like having access to different cultures, but we are definitely going to destroy the earth if we aren't careful.
ReplyDeleteWhat an interesting post! I'm not against globalization, but I'm not a fan either. I think it is inevitable. Without globalization we would be missing out so many interesting things.
ReplyDeleteIt has to be done responsibly and mindfully. If it's not considerate of our world, then it can be a bad thing.
ReplyDeleteYou did a wonderful job and doing all the pros and cons. I agree that there are always pros and cons to everything. I think you covered this topic very well.
ReplyDeleteThere really are pros and cons to everything. You sorted them out nicely for us here!
ReplyDeleteI never really thought about this! I guess there are pluses and minuses to just about everything.
ReplyDeleteGlobalization is such a hard issue to tackle. But like you said, it's hardier to swindle people when they know what's going world wide.
ReplyDeleteI don't believe that globalization is only beneficial to wealthy countries. I am pro to it but I think, even the rising country can benefit a lot from it.
ReplyDeleteI think globalization is great to keep us connected and the world to feel smaller. But it has it's downsides because we lose jobs to globalization finding cheap labor.
ReplyDeleteSuch a great information as I do not have a depth knowledge of Globalization. I always think Globalization can be bring great changes like how people on Iraq see a new world around them, but this should be done to perfection.
ReplyDeleteI've never really put much thought into globalization before. I think it's more important than ever that I become familiar with it and share the information with others.
ReplyDeleteNever really thought about the downside of globalization before. I try my best to support small businesses in my area rather than the larger chain stores.
ReplyDeleteI've always viewed Globalization to be a positive thing which means we are moving forward and improving. This post made me realize there's also a negative side to it.
ReplyDeleteI love this post because I haven't really given too much thought in to globalization. Thanks for breaking it down and giving me something to think about!
ReplyDeletewhile there many negative effects of globalization, I guess we can't stop it. My only wish is for big big companies to do their share and be more responsible
ReplyDeleteSuper interesting post to read! I learned a ton about globalization in college so it's cool to hear different perspectives.
ReplyDelete