Globalization And Globalization

I. INTRODUCTION “Earth provides enough to satisfy every man's needs, but not every man's greed.” - Mahatma Gandhi The above quote rightly points out the role of environment for the mankind and the responsibility we need to shoulder for its sustenance. We've come a long way in recognizing that and now almost every business has a statute of doing something good for the environment as part of their CSR initiative. But companies who think of the environment as a social responsibility and not as an imperative are not going in the right direction. The global climate changes and the gradual scarcity of resources have come to light as major disruptions in the business environment. These challenges

Is the increasing globalization of business good or bad for the United States? If you are from a different country, what effect do you think globalization is having or will have on your country? Is globalization resulting in unequal gains for different countries?

Over the course of history, domestic politics have been shaped by international forces. Forces like war and trade; empire and colonies; migration and the spread of ideas. Globalization and Neoliberalism plays an important role in impacting politics in all states. “Globalization is a system in which human beings are no longer part of isolated communities that are linked through narrow channels of diplomatic relations of trade”(O’Neil,2017, pg.346). Globalization creates a division between international relations and domestic politics. When globalization makes a distinction, then the aspects of domestic politics are controlled by global forces. Globalization changes the  institutions of economics, politics, and society. The institutions are measure by space and time of social norms, culture, boundaries. The boundaries create a local identity and control (particularly-“state, religion, or set of cultural values holds sway over the land and here but not there.”)(O’Neil, 2015, pg.348).  Furthermore, political isolation becomes impossible to happen.

The environment is delicate, just as are the relationships between nations. Cooperation is difficult to achieve and can often cause more harm than good. In the corporate world the individual lives in, it is difficult to find balance between the government's need for money and the basic need for salvaging the environment. If governments across the globe were to embrace the above ideology, there would be major issues. Society is greedy and consumer culture engulfs one’s thoughts. The individual would have to give up much of their freedom in consumption. Corporations and the consumer greatly influence the environment. Differing ideologies often drive one into argument rather than resolution. An activist would argue that consumer culture and North American society’s need for more is driving environmental impact up drastically. The consumer would argue that if the government thought of it as a major issue that they would have already intervened in the actions of corporations,

Based on Sparke’s textbook, Globalization can be defined as “the extension, acceleration, and intensification of consequential worldwide global interconnections.” This is what he refers to as “little g” globalization. These global interconnections reveal the ties and tensions of globalization. There is also “big G” globalization which is what Sparke calls using globalization as a buzzword in a political context. A big part of globalization is commodities and commodity chains. A commodity can be simply defined as anything that is bought or sold while a commodity chain is the production process that produces these commodities. Understanding commodities and commodity chains is important to be able to understand globalization. One example of how commodities demonstrate globalization is outsourcing and offshoring. By doing this, companies bring their companies overseas which means that they are interconnected with other parts of the world. Understanding commodity chains can also allow you to understand the ties and tensions. I decided to focus on the apparel industry and the commodity of a piece of clothing. This commodity shows some of the tensions related to labor, like constantly searching for the cheapest labor, and tensions related to the environment, like pollution from the clothing industry. A piece of clothing also shows ties through, for instance, in which countries clothes are produced and to which countries they are being exported to. The article "Indian Textile and

Therefore, it is unethical for businesses to refuse this opportunity. An article titled “Large And Dirty' Companies Adopting Greener Strategies To Earn More Green”, published by ScienceDaily, offers a look at a development in corporate policies. In the article, a professor at the Johns Hopkins Carey Business School in Baltimore named Phillip H. Phan presents a new trend in business strategies. When referring to formerly wasteful companies, Phan states, “Now they view concern for the environment as an opportunity to embed innovations that save production costs in the long term and that also improve their standing as good corporate citizens in the public mind” (qtd. in “Large And Dirty'” 1). Phan is insisting that many companies are now adopting environmentally friendly policies. Most see these strategies as an advantage in the end. In turn, the economy continues to grow while corporations maintain conservation. The question remains, why implement environmental regulations? As the evidence has shown, more businesses have begun to use environmentally friendly policies. While this is a positive change, other companies have yet to embrace these strategies. For this reason, the point is not to drive a stake between conservation and business but to find mutual benefits. Above all, governments must set better standards based on the

The environmental movement has drastically changed over the last few decades, encompassing science, political activism and our social conscience. It is one of the fastest growing political and social movements in the world. Since the mid 1970s, this international movement has engaged the global community indluding many countries, the business world, media, and non-governmental organizations, all who have pushed for increased regulations and compliance towards protecting the environment. Nations within and outside of the UN have been pressured into pursuing a more sustainable future.Our ability to adapt, as well as to compromise, will direct the result of how we will survive in the future. States will have to cooperate and understand problems other nations are facing, and be able to commit to wanting a sustainable earth. Environmental norms are changing due to the overwhelming social push to reduce global warming, causing people to bandwagon to fight for environmental sustainability. Unfortunately, the motives for this movement are not always clear. While citizens of developed countries appear to have the right justifications for saving our planet and are attempting to address, global warming resulting in climate change, this heated political issue has provided NGO’s, governments (state actors) and corporations a platform to demonstrate interest in social issues, but also an opportunity to capitalize of for their own financial or political gain.

Everyday buzzwords like sustainability, biodiversity and go green became favorite words used by those who like to bring attention to the potential consequences we may face. I believe that business ethics and corporate social accountability is very vital in our society, and every business or corporations should practice and be a model for everyone. Moral compass or social conscience has always been a part of most big business or corporations, affecting daily business choices and actions. These choices made will be influenced by the practices of the company and ethical decision making a business to choose a course of action, and if a moral compasses are to be upheld, corporations may have to rethink their long term benefit ahead of any short

The researchers of “Green to Gold” have put together three viable reasons for, as they say, “adding the environmental lens” to business practices (Esty and Winston 11):

Globalization could be defined as “the interaction of people, states, or countries through the growth of the international flow of money, ideas, and culture.”. The effect globalization has on history is enormous. Without the migration aspect of globalization there would be no culture mix, no economics since no one would be trading, or no politics without the migration of cultures or opinions. Globalization is the basis of why we have history.

Globalization is taking place across the world where people can either become globalization or stay local in the state or country. People are very controversial about globalization helping local economies and local businesses. Some people believe globalization is helping local businesses into the markets and then there are some that believe that multinational corporations hurting the local small businesses. What is globalization? “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” (). Globalization has started long before we were born.

With the changes in the global economy, pegged with the advancement of technology, companies in the United States must reconsider their strategies to compete with international counterparts. It was only 50 years ago, a company in anywhere town, America could carve out space in a market for themselves and do well without a competitor in sight. Things have changed now and not is the threat of a Wal-Mart moving into your neighborhood a fear of the small to medium-sized company, international companies have also set their eyes on the United States. With as the leading consumer market with a 28% of the world’s consumer market, nearly four times larger than distant second China, there is no wonder why any other country would want to penetrate the most lucrative market on the planet. This is owed to the growth of globalization and the expansion of technology into instruments beyond research, entertainment, and communication, and into the world of digital and cryptographic currency. What the global economy is beginning to realize is: there are still untapped markets where profits could be astronomical. Many developing countries are beginning to adopt practices and methods of developed countries on a smaller scale, with the help of technology. As the prevalence of new markets and a new form of currency grows, there is no doubt larger companies will be able to seize the opportunity to make in these markets.

Immigrants are unfortunately force to adapt to an “unknown region” culture, instead of their own just to make a living. Globalization is nearly leading towards cultural homogenization(1); this is unfortunate because indigenous languages(2) could become more endangered which leads to very few speakers who are the old folks, the culture will come unrecognizable, and the younger generation will lose connection between their ancestry(3).

During the late 20th century and early 21st century a business trend called corporate social responsibility has grown in popularity and necessity. Corporate social responsibility has been defined as a form of corporate self-regulation integrated into a business model with the intentions of benefitting both the company but the community as a whole. In recent years the public has become distrustful of businesses, after highly publicized meltdowns such as Enron, World Com and Arthur Anderson just to name a few. These incidents were caused

they are being offered a job in order to stay afloat. “Sweatshops provide much needed jobs in countries that suffer extreme poverty” (Payne, p.102).