No Logo Critique

1289 Words Jul 29th, 2008 6 Pages
Naomi Klein’s No Logo states that corporations have been championing globalization using the reasons that globalization allows U.S. consumers to benefit from cheaper products produced abroad, while developing nations benefit from the economic growth stimulated by foreign investments. The generally accepted belief is that governmental policies should be established in favor of the corporations to facilitate the trickling down of corporate profits to the end consumers and workers abroad. Klein, however, contends that globalization rarely benefit the workers in the developing countries.

Corporations seek out countries with cheap labor forces to lower their production costs. Consequently, they will engage in practices, such as banning
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Therefore, it is clear that the criticisms against capitalism target not its economic viability but its moral merits.

On the subject that globalization has caused the gap between the richer and the poor to widen, Mr. D’Souza believes that the gap in living standards between the rich and poor has been reduced significantly. In fact, both the rich and the poor are getting richer, only that the rich are amassing wealth at a greater pace than the poor.

The reduction of the gap in the standard of living between the rich and the poor can be attributed to capitalism and technological advance. Efforts in the past to solve poverty in other countries through foreign either foreign aid or loans have failed because they were short-term fixes. Capitalism, on the other hand, proved to be the most effective system to cure poverty in the world. Instead of simply giving money to impoverished nations, capitalism created jobs and incentives for the poor to exchange their labor in the market for better wages, goods and services. The impact of globalization on the workers of the developing nations has been very positive. In fact, these workers welcome foreign investment. The only people complaining are the Americans at home.

After graduating from a liberal university, I chose to teach abroad in a third world nation, believing it was the best way I could contribute to humanity. A year later, after

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