Positive and Negative Outcome of Globalization

Globalization is defined in many ways. “Globalization generally refers to the expansion of global communications, growing social and political interdependence and the development of a planetary rather than national awareness among many of the world’s people (Anderson, 98).” The process of globalization is allowing people from all over the world be more interconnected with one another. The process is seen in many different ways. Our clothing is no longer made in the United States, today we look at the tags and see “Made in Indonesia” or “Product of Venezuela”. Many companies such as Microsoft, Nike, and Wal-Mart are reaching people in places that were not considered feasible markets only 30 years ago. Globalization has been a subject to controversy by both the richest and the poorest of countries. Outsourcing is a major point of negativity in this new interconnected world. Many jobs are lost from workers in the developed nations and sent to developing nations who will supply workers for less.

Is Globalization ultimately positive or negative, or somewhere in between? I believe it depends on who you ask the question, and how it affects their life. For myself, I can’t get passed the negative way it has impacted my life and others around me in the same situation. Those of us who have lost our jobs and livelihood and are now labeled as “the long term unemployed” have seen our jobs eliminated and outsourced overseas; find it hard to feel positive about globalization. Watching families lose their homes and children going hungry is a disgrace considering we are the greatest country in the world. Maybe we are our own worst enemies to a degree. The collapse of our economy is

Globalization, defined as “a process that aims to expand business operations on a worldwide level, and was precipitated by the facilitation of global communications due to technological advancements, and socioeconomic, political and environmental developments” has been around for ages. However, it is a force that is becoming increasing more relevant in today’s world. In layman’s terms, globalism is the merging or “melting” of individual perspectives and markets into a more global market. As of recently, society has been obsessed with studying globalization. However, the conversation is rarely economical. Globalization is typically looked at as a social or cultural force that is shaping and connecting the world. This is scene in clothing styles, human travel, and popular culture that has become increasingly similar across nations. That sentiment isn’t wrong-globalization does have a cultural side, but many people are missing the economic impacts that this new world is facing. In fact, the economic implications of globalization and how governments legislate to control them leads to significant opportunity, but also huge threat globally.

The textile industry has undergone enormous change in the past ten years. Global trade in textiles was once regulated by high tariffs and a complex system of import quotes. Not anymore. Textiles used to be produced predominantly in the U.S., Europe and Japan. Not anymore. Textile mills used to dictate fashion, everything from fabric construction to fiber content. Not anymore.

The popularity of cheap and fashionable clothing has been on the rise since the introduction of fast fashion to major clothing companies. The fashion world has become one of the dominating parts of consumer culture. However, the affordable clothing movement, in addition to the fast-paced garment work, has affected more than just our wallets. Advancement of new practices and clothing availability have contributed to many garment factories and businesses for clothing manufacturing. Nonetheless, it has led to influences in cultures, environments, and societies within many developing countries. Inadequate working conditions, low wages, pollution and furthering regulatory practices have resulted from the fast fashion movement.

Since the origins of the Silk Road during the Han dynasty, the world has been sharing, collaborating, and learning new ideas from all over the world. This is now known as the term “Globalization”. As Webster Dictionary states, globalization is “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,” (Webster, 1). Since then, the creation of technology has spurred and launched the spread of globalization. It has now had an effect on every aspect of our daily lives, including our environment, culture, political system, economic prosperity, and even on our physical well-being (What is Globalization, 1).

the amount we to import, how far it needs to come and the effect this is having on

Globalization plays a defining role in the expansion of society, both politically and economically. While globalization encompasses many different sectors of daily life, the negative implications of the practice, such as exploitation of workers, damage to the environment of the host country and cultural deterioration outweigh any rewards earned through the process.

For many individual’s globalization is seen as being a process “of increasing of economic connections across various boarders around the world. It is a process that entails production and services of materials in which are usually outsourced across international borders.” (Das, 2017). Although globalization has the power to increase trade across the world, this has also resulted in multinational corporations using developing nations in order to obtain an efficient amount of production due to taking advantage of wages and working conditions (Boff, 1997). Thus, many corporations want to expand their companies overseas due to cheaper labour, and cheaper manufacturing processes. This, however, has affected the way in which individuals work,

Economic globalization refers to the “increasing interdependence of world economies” (Shangquan, 2000), as a result of free movement of goods, services, technology, capital, and information between countries and across borders. It is one of the three main areas of globalization; economic globalization moves at an increasingly fast pace as movement across borders progresses. While economic globalization has had many benefits and positive effects on both developed and under developed countries, it has also created, and contributed to, many global issues, such as the widening of inequalities between rich and poor countries (Shin, 2009). It encompasses networks between countries built on trade and movement of goods and services, and has been

Globalization involves the movement of people, goods, ideas and information across national boundaries. It has been defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa. Today it is the globalization of production that is most influential in influencing and moulding family relationships and the aim is to understand its effects on families with especial reference to the developing world.

Globalization has negative and positive effects that impact all levels of everyday operations from the international community through regions to individuals. Some oppose the changes it brings, some turn it to their benefit. The latest globalization wave carrying American values hit the Arab Spring particularly hard. The fight against conformation to American values intensified Jihad movements through terrorism against the Western world. Terrorist groups were able to utilize the same communication advances that caused the latest globalization wave, trying to resist all the social changes it brought upon conservative Muslims, at the same time driving away moderates who want to pursue a better life elsewhere. Networks were built on new

Globalization is important to understand in order to determine what worked in the past and can be successful again in the future. Our many cultures, ideals and growing technology form together to create an extremely global world. We use products that were made on the other side of the world, and are taxed on practically everything. Whether the effects of our global society is good or bad, there’s no doubt that the world is constantly changing and impacting our livelihoods, so we must adapt accordingly in order to succeed.

Globalization is the process of increased interconnectedness among the countries most in the most known popular areas of economics, politics, social, and culture. All of these areas are key aspects of each country and what makes them individualized. Globalization allows for countries to be able to be individuals without the conflict of their differences because of the power used to work as a whole globe. Globalization is a positive thing for the entire world, it allows for lots of development in our world by the connection there is between all of the countries interdependence on each other. The different points of globalization claim that it will lead to convergence of income, access to knowledge and technology, consumption power, living standards, and political ideas.

Developing countries throughout the world have found themselves with a tremendous amount of hardships to be able to have an effective economy while developed countries continue with ease. These developing countries tend to have a mentality to do anything to be part of the global economy and have an influence in the world. Bangladesh is one of these developing countries that are trying to become an influence in the global economy by allowing multinational corporations to build and have garment factories in their countries while profiting by the work these companies create. Unfortunately, the workers in these factories face unfair treatment by their employers and work under unsafe conditions that can eventually cause them to die. In this essay, we will analyze the effects of globalization and how the rise of multinational corporations has innately transformed Bangladesh’s labor. But before we do so, we must understand the way the history of the garment industry has influenced the world.