Effect Of Globalization On Neediness Essay

The main sociological issue depicted in the video is globalization. Globalization deals with social changes that affect the world on an international scale. This is regarded as the most important social change of the 21st century because the entire world is connected and can communicate in a matter of seconds. This eases the flow of ideas, people, and material objects and allows a small change somewhere to spread and have far reaching effects. This video examines how globalization has unequal effects on the quality of life for different populations of people all around the world. The living situations for a citizen in Malawi is vastly different from that of a citizen living in Beverly Hills. A specific example of the how globalization was created and how it can having varying effects on populations is how the Europeans conquered America and extracted the resources by force.

That this was also the decade in which globalization came into full swing is more than a minor inconvenience for its advocates” (Rodrick). If globalization is supposed to present an advantage to developing countries, why have there been so many setbacks? Indeed, both sides will have its winners and losers regardless of which side of the development coin they live on, but for the most part globalization has lifted millions out of poverty, improved the standard of living, and increased life expectancy rates all while keeping developed nations relatively competitive to their developing counterparts. Globalization’s value is that it seeks to create an economic equilibrium in the world, where parties are free from barriers and can benefit from one another through a more efficient allocation of resources. This allows all participating nations to contribute to an integrated economy and where all nations willing to embrace globalization have the potential to benefit. Regardless, the path to successful integration to the global economy has not always been easy. There is contention towards globalization as some argue that it is detrimental to developed nations, while many developing countries that were forced to hastily open up their markets and integrate failed. However, if implemented properly, globalization has proven that it can benefit all parties involved and that the potential gains outweigh the losses.

For individuals in very poor and economically unstable countries, globalization tends to do more harm than good. Through the economic, political and cultural examples stated above, globalization has not aided these countries climb out of poverty, develop an influential government or have a strong cultural identity, in fact, it has done the exact opposite. L’Huillier quotes Charles Darwin, “if the misery of our poor be caused not by the laws of nature, but by out institution, great is our sin” (2017 381). The business model that globalization suggests is an unattainable utopia for those in developing countries. These traits of poverty and war have always existed yet, many of today’s countries are the way they are because of the models that are favored and paraded under globalization

Globalization is the process of integration arising from the interchange among people, ideas, and culture. Globalization shows that international trade between other countries has impacted the way the U.S is now. Most of the products we use today is made in other countries such as China, Indonesia, and South Korea. As beneficial it may sound to have products made cheap in other countries and sold in the United States at a much higher price. This is also known to have a problem to the factory workers.

Globalization has led to a growing gap between those who have access and opportunities by which to thrive and those who do not. There are now 793 billionaires (as of 2009)—representing an essentially unimaginable amount of wealth. At the same time, there are millions of workers laboring in conditions we would likely consider inhumane, and doing so for starvation level wages. And still, there are those who do not even have access to jobs whose conditions are even worse. Globalization can benefit some but leaves other nation further and further behind.

In most cases U.S. citizens who are in poverty are in relative poverty in relation to the rest of the U.S. population; whereas in the world as a whole a greater number of people are in absolute poverty and are barely able to survive on their income, or wages and earnings, and they have very little to no wealth since it is impossible to save any of their money. Ethnocentrism makes it difficult to obtain a clear picture of the conditions of poverty and inequality in other nations and cultures. There are many theories concerning the causes and solution for poverty in the global economy. The two major theories are the modernization theory which explains inequality in terms of technological and cultural difference between nations, and the dependency theory which explains poverty in terms of the historical exploitation of poor, or low-income, nations by rich, or high-income, nations. This theory has manifest itself in a new way in today’s world in the form of neocolonialism; economic exploitation by multinational corporations.

During the last decade of the twentieth century, the word ‘globalization’ has become an increasingly prominent feature of political, social, and economic discussion in academic and policymaking circles, as well as in the media. The processes and outcomes of globalization drew attention and debates that had one thing in common. The research shows that nearly everyone agrees that globalization is a trend that is changing the face of the world, and as a result the world society lives in a more ‘globalized’ world. Nearly two and a half decades passed since 1990s, and studies have been conducted to examine the causes and consequences of globalization. Moreover, nearly every person experiences some type of globalization and can testify firsthand the effects it has on their life, society, and the state. The analysis of the effects that globalization dynamics have on the world society indicates that globalization has a significant positive impact via spreading opportunities and wealth across nations, stimulating innovation and productivity, enhancing the economic development of poorer countries, and helping to improve living standards.

Globalization aided in impacting human health by population mobility. The source of epidemics throughout history can be traced back to human migration (Saker). The effects of these epidemics have changed whole societies. International efforts to prevent the spreading of infections from one country to another have been focused on. Early diseases that spread between Asia and Europe included the bubonic plague, influenzas of various types, and other similar contagious diseases. The world is more interdependent and connected than ever in the era of globalization. This is because inexpensive and efficient transportation allows access to almost everywhere and the increase of global trade of agricultural products brought an increasing number of people into contact with animal disease. Trade routes had long been established between Europe and Asia along which diseases were unintentionally transmitted. The management of malaria is a global role (Carter). Global institutions support the

A prime reason to support the source’s argument is the rapid increase of global inequality in both first world and third-world countries. Proponents of globalization argue that the global integration of trading goods between countries have increased the average income within countries, as well as reduce wealth inequality. However, through current data analysed by The United Nations, it is estimated that over the past 30 years, the rise in inequality between developed and developing countries has been exponential. Economists such as the one quoted above have deducted that the increasing disparity has highly been due to the rapid globalization that has been enforced throughout the world. Nobel Laureate Eric Maskin of Harvard University theorizes

Supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty. But the opponents general complaint about globalization is that it has made the rich richer while making the non-rich poorer. “It is wonderful for managers, owners and investors, but hell on workers and nature.”

The rise of globalization following WWII generated three important factors that define today’s world. McNeill and McNeill agree with Pollard, Rosenberg, and Tignor that multiple economic changes, such as the creation of financial institutions like the International Monetary Fund (IMF) contributed to the globalization of the world economy. Carter and Warren further this argument by claiming that globalization has caused shifts in the modern economy, namely the rise of Asian economic powers. However, all three historians agree that the rise of globalization goes hand in hand with the rise of inequality in today’s world. Gaps in power, wealth, and access to information have only widened due to the trend of globalization. The final key factor defining our world today are the ongoing processes affecting development countries. McNeill and McNeill argue similarly to Carter and Warren that the end of imperialism generated new nations who quickly realized the free market was a pathway to stability. However, Pollard et al. and McNeill and McNeill place importance on financial institutions like the IMF forcing developing nations to reform their economies to be subservient to the world’s economy. Together, these historians argue that the trend of globalization following WWII caused factors like the modern global economy, the rise in inequality, and the development of new, decolonized nations to be key determiners in the world today.

Globalization is happening at the expense of social, environmental and employment developments, and is causing rising inequality for the majority of the earth. Localization, on the other hand, is a process that rearranges the trend of globalization by distinguishing the local and focusing more on the community. The policies bringing about localization are those which increase community cohesion, a reduction in poverty and inequality, and an improvement in livelihoods, social infrastructure and environmental protection, and a sense of security. On another level, there are troubling signs. That's because of a remarkable, but not surprising lack of equality in the benefits of globalization. While living standards have improved in many parts of the developing world, a new set of pressure is bearing down on the countries of the underdeveloped world.

The term globalization gets mixed in conversation without even slipping our brains what it is. But what is it? Globalization is the thought of corporations transferring employment overseas to those who will work for less. However, globalization can be expressed even wider, which incorporates numerous influences. With that being said, the most fitting meaning would be that globalization is the collapse of barriers among countries permitting labor, goods, and services to be freely exchanged. Consequently, one feature that appears to be debatable is the how globalization has moved the prosperity of others. For instance, subcontracting has led to a massive majority of employment for people in underdeveloped countries giving the ability to gradually creep out of poverty. But yet there are still additional countries that observe their poverty rate rise steeply. We will take a provocative look at globalization, where it improves a country such as Nigeria’s economy. We will talk about how things like Nigeria’s use of Credit, reliance on foreign technologies, lack of raw materials, production of substandard goods, government policies and education comes into effect on their actual rapid growth in the economic aspect.

Globalization is the proximate and multidimensional set of political, economic, social, and technological integration around the globe. The increasing interconnectedness among countries can be seen through the prism of globalization. Essentially, the lives of people living in distant cities like Bangalore and Silicon Valley are brought closer as a result of this phenomenon. Drivers of this adjacent include; the expansion of trade, technological exchange, labor movement and investments (Stearns 2017). The discourse of globalization encompasses several multidisciplinary themes. The paper, however, concentrates on the economic factors, “which, entails the closer economic integration of countries of the world through increased flow of goods, services, capital and even labor.” (Stiglitz 2007: 4). The paper focuses on economic globalization and elucidates whether the globalization has reduced poverty and inequality or had reproduced the reversed implications. Meanwhile, the paper reveals if the developing world has benefited from the set. This seems to be the central question that policymakers, development economists, and politicians have been grappling with for years. The paper is presented in three parts. Part one reflects on the historical context of the problem statement. The second part compiles literature and juxtaposes with cases to corroborate the globalization-poverty-inequality triangle. Finally, the conclusion represents the author’s viewpoint on the

One of the most common claims made against globalization is that it increases world poverty. Often this claim is supported with a statistic showing the high rates of poverty in a given