Globalization Is A As A Popular Expression

Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process.

Globalization is the process by which a business or company becomes international or starts to operate on an international level. Globalization does not benefit the majority of the world’s population, including Canadians, and is slowly growing to increasingly deadly proportions. It benefits the wealthy, which are but a minority in comparison to the rest of the population, and leaves the impoverished ones out of the loop. The unsteady flow of invisible money running in and out of countries has our markets operating like roller coasters. Globalization renders our government powerless and leaves them at the mercy of foreign investors. The negative effects of globalization far outweigh and short term gains.

Globalization can be defined as the movement towards economic, financial, trade and communications integration, allowing for a state of global interconnectedness. Globalization affects all countries in different ways. Globalization has had a positive impact on Canada. The Canadian economy has grown, international conflicts are becoming less prevalent, Canadian tourism has increased, Canadians have seen an unprecedented rate of cultural integration, even the life expectancy of Canadian citizens is due in part to the effects of Globalization. Canada has benefited greatly due to Globalization and this phenomenon will continue to impact Canada for the rest of time, until the world reaches the state of Globality.

In the third world countries such as Vietnam, China, South Korea and Taiwan, we are provided with an example of cheap labour. These corporations could now achieve the benefit of the United States consumer market8, while keeping their costs extremely low in offshore production. The working conditions in the United States were poor for centuries, often little to nothing was done unless a tragedy occurred to influence worker rights by the public. This was the issue during the Industrial Revolution and in the late 20th century. In the United states, improvements have been made and these conditions have disappeared, with the privilege in some agricultural areas. Companies from the United States have moved a considerable amount of their factories

From the minute Chinese citizens began to work for outside companies, they were exploited and taken advantage of. (Miller 2013) Once sweatshops were outlawed in North America and Europe in the mid 1900s due to their inhumane practices, foreigners were quick to flock to developing countries that did not have the same laws in place. Firms sought out manufacturers in poorer nations that could provide the highest quality product at the cheapest cost and Chinese migrants were easy prey for manufacturers who paid small wages and offered poor working conditions. Meagre social and economic conditions in developing China resulted in a great amount of people willing to accept any wage and management systems that neglected the workers. Multinational textile firms soon grew to rely on foreign subcontractors for their production needs. (Pugatch 1998) The system estranged corporations from the production process, and in turn resulted in the estrangement of the consumers from the production process, which encouraged and continues to encourage the ignorance that fuels the sweatshop system. The relationship between corporation and producer was only further separated as agents arranged subcontracting for companies, allowing these companies to have the goods they were selling produced in factories they had never seen. The subcontractors were met with severe corporate deadlines and targets in order to stay in business, leaving workers as the sacrificial

What is Globalization? Globalization is the workforce that pushes Canada into the technological age. It may include impacts such as expansion, global recognition or a larger economy. Globalization contributes economically to Canada through foreign trade by selling energy or exporting products. Even though we are the 6th largest electricity consuming country in the world, we still export energy. Most of our electrical energy is sold to the U.S through a high power electrical system. Another example of how globalization shapes our world is the travel industry. Almost 14 million tourists visited Toronto in 2013 alone. That is roughly half of the population of Canada visiting in one year! Bringing money and tourists from all

Imagine a small child from a third world country working in a unventilated hot room, making garment and shoes without any safety equipment, and working 12 to 15 hours shifts just to make about $1.25 a day. This perspective is what average U.S. citizens have of sweatshops, and most are horrified by the idea of people working in these conditions for extremely low wages. Contrary to this perception, people from third world countries see sweatshops as an opportunity for employment and a good source of income. Even though third world citizen see sweatshops as a good thing, it doesn't change the fact that these workers face disastrous working condition. While there is much controversy surrounding the implementation of sweatshops in third world countries, closing these factories is not always the best solution, as it can lead harmful outcomes. As it stands, reforming the structural management of sweatshops so that they provide a more humane environment may be the best solution for all parties involved.

Globalization: The process of social, political, economic, cultural, and technological integration among countries around the world (Luthans & Doh, 2012).

In these sweatshops, workers are generally offered low wages with little nonwage benefits. In certain factories, workers have been denied of a “living wage” as their take-home pay have been insufficient to satisfy basic standards of living. Typically, in these countries, the minimum wage laws were violated and workers were weakly unionised to bargain for higher wages. For example, a typical Chinese worker earns a wage of Rmb$250-$350 while the minimum wage was supposed to be Rmb$350.

The media have reported on the poor conditions that workers have to endure in China. Newspapers and websites have shown pictures of exhausted factory workers sleeping next to the production line or instances of notes left in product boxes detailing the hardships that they are subjected to. Even if a company 's own factories in China have no issues it doesn 't mean that their numerous suppliers aren 't exploiting their workers. For example,

China is one of our biggest labor competitors. The reason many US companies go to China for outsourcing is again, because of their workforce’s willingness to operate at low costs. Michael Zimmerman describes this as a disparity in worker “tolerance”. Where the low wages found in China are “far lower than U.S.

In our daily life, we can always notice the “Made in China” label on shirts or shoes. However, I believe that many people are still confused about the reason why so many things come from China and the people that make those products for us. According to the report from China government, 95% of these products come from the “Sweatshops”. The US Department of Labor defines sweatshop as the factory that offers poor working condition and low wages to the employees in the third world. Accordingly, sweatshops are the developing trend of globalization and there are many famous companies, such as H&M, Gap, and Nike, relying on sweatshops to make more profits. From the surveys of public opinion, there were more than millions of sweatshops and

The negative effects of globalization come like a fringe with its advantages. As countries companies and consumers are benefitted through globalization process, it is also bringing some disadvantages for them.

Globalization can be seen as a major threat for manufacturing jobs in the developed world, however, can also be a benefit for developing world citizens who receive thousands of jobs a year although they don’t receive a high salary. Maurice Allais, a French economist states that this unemployment, of course, has only been able to develop because of the existence of low salaries and insufficient flexibility in the labor market (April 10th, 1999). This indicates that globalization has jeopardized Western countries jobs because companies are moving their establishments to developing countries where they don’t need to pay employees as much and where land is cheaper so overall businesses benefit from this. Also, employees in the developed world are at risk of becoming redundant as they are susceptible to face pay cuts in jobs. Employees are less skilled in the developing world as they don’t receive the benefit of an education like developed countries do. So a company may want to build factories in these countries because environmental laws aren’t as strict. Establishments in these areas provides promising jobs for the local people and allows them to learn new skills, however they are set on minimum wage which in developed world countries, this would not be enough to live on, wherein third world countries this is still a low amount so this is not enough to bring them out of poverty meaning that the only one who benefits from this is the company. Although there have been several arguments against exploitation and oppression, the majority of developing countries do not have existing laws which take minimum wage

Globalization refers to the interconnection among countries, politically, economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication, (ii) human and capital mobility, (iii) increasing formation and existence of NGOs and multinational corporations.