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Globalization: The Route to Global Destruction Essay

Decent Essays

Globalization is a confusing concept. For some it conjures up images of electronic communications: an email, global media, and popularization of mobile phones. For others it is about trade: the ability to buy coca-cola in rural villages in Africa. For yet others it is about misappropriation and greed: the suicide of Indian peasant farmers ruined by agri-business and genetically modified seeds. From now on, I will present the negative effects of globalization.

?gGlobalization?h is a very uneven process, with unequal distribution of benefits and losses. The problem is that of who gains and loses from the potential benefits. This imbalance leads to polarization or separation between the few rich countries or …show more content…

?@The Human Development Report, 1996 showed that over the past three decades, only 15 countries have enjoyed high growth, while 89 countries were worse off economically than they were ten or more years earlier. In 70 developing countries, the present income levels were less than in the 1960s and 1970s. ?gEconomic gains have benefited greatly a few countries, at the expense of many?h, said the report.

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?@The resulting inequalities in health outcomes are stark. Those living in absolute poverty are five times more likely to die before reaching five years of age than those in higher income groups.

Another problem of globalization is that it brought about a shift in power: the nation state has weakened?@and reduced its social accountability. The control of national economies is seen by some as possibly shifting from sovereign governments to other entities, including the most

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