Globalization : Globalization And Sustainable Prosperity

1032 Words Jun 7th, 2015 5 Pages
Globalization and sustainable prosperity

“To what extent does globalization contribute to sustainable prosperity for all people?”

Globalization’s impact on sustainable prosperity is examined in the source. It does this by asking a question. Also examined is the impact on all people and this would include both developing nations as well as developed nations. The source is also somewhat leading the reader to question the extent of the impact, which implies that there is a positive impact on sustainable prosperity. Also the fact that it states, “for all people” implies that all people benefit. While globalization may contribute to sustainability to a limited extent or in certain circumstances, on the whole, globalization degrades rather than builds sustainable prosperity. This will be explored through looking at globalization’s systems and forces, specifically consumerism, the media and transnational corporations.

Consumerism is a key aspect of globalization a world market has developed and this trend continues to grow. For example, the North American Free Trade Agreement which allows produce from Mexico and Florida to show up on the grocery shelves in Fort Saskatchewan. Consumerism blurs the line between wants and needs through advertisements which create demand as well as increasing social pressure to purchase a particular good - like Starbucks coffee. After purchasing the item, the next step is planned obsolescence. For example disposable coffee cups, fashion,…
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