From all of this is plain to see that globalization can have positive and negative effects upon a society, but a country that refuses to open its doors to the world face economic stagnation and poverty for its people. Those
There are a lot of students and professionals that have brought to the country new ideas, but they don’t have the technology to carry out those ideas. An example is the free trade with United States of America; Colombia gives the US permission to take out the petroleum that the Colombian territory has and that it’s ok with the government even though they only get 30% of their earnings because they don’t have the equipment to do so. Yet, they still consider it a win otherwise Colombia wouldn’t even have the 30%. This is why not only poor people flee to other countries, but also professionals. They find it cheaper to buy their equipment to work with somewhere else, than to import it from outside. Politicians don’t risk the countries earning in projects where Colombians can exploit their own natural resources, this leads to conformism and the economy suffers as well. This creates a chain were the life a style of the Colombian society is also seen
other people that abandoning this trade will make their nation weaker. If they restricted this
Therefore, local industry will not be able to survive with the multinational firms moving into the country. Protectionism
Using cheap labor from the poor countries, US companies gain the massive profit. For example, Walmart is the biggest retailer in America, because the most products of Walmart import from China. To against the competitors, Walmart reduces the prices, but to hold profit stable, the company has to use the cheap labor. Walmart has the biggest numbers of employees, which is over one million workers, but the wage and working condition are horrible. The hourly wage is three cents, and the best workers receive ten cents. Walmart’s workers also include children and women, and these workers even get paid less than a man, even though they have the same amount of work. Walmart is famous with the cheap electronic products, but the quality isn’t good as
e is strong evidence that the epithet of Poseidon at Kalaureia was Geraistos (Γεραιστός), a word from an unknown pre-Hellenic language.[2] A 6th century A.D. dictionary by Stephanus of Byzantium gives the names of Zeus's sons as Geraistos, Tainaros, and Kalauros, who sailed from an unspecified location and landed in different places on the Peloponnesus.[3] Geraistos, Tainaros, and Kalaureia are all sanctuaries of Poseidon; in the towns of the latter two, one of the months of the year was named Geraistios (the only other poleis (πόλεις) with this month name are Sparta, Kalymna, and Kos). It is also theorized that the epithet Geraistios (Γεραίστιος) also applies to Kalaureia because all three sanctuaries function as asylums.[4]
It is evident that the economy of the United States is changing. The world in which we used to see an economy of all American made products and American services is rapidly disappearing. Many American companies are outsourcing the jobs they have to offer to other countries. These are the very jobs that helped create our economy and help us thrive. James Moreland states “The capitalist market in the United States makes it nearly impossible for any successful company to avoid the lure of cutting American industrial jobs and shipping the work abroad. “Free trade” agreements such as NAFTA and our membership in the WTO have caused the U.S. to be forced to compete with third world countries such as China and Mexico, where wages are often less than $4 an hour.” (Moreland 2014) in his article “The Outsourcing of American Jobs Hurts The Economy on Every Level”. However, with
trade deficit with NAFTA partners Mexico and Canada. The related loss of 1 million net U.S. jobs under NAFTA showing how damaging it has become for workers in the United States. Growing income inequality as the poor stay there while those benefiting from their fall enjoy the wealth. Also the displacement of more than one million Mexican campesino farmers and a doubling of desperate immigration from Mexico as they are losing their farms value over there. More than $360 million paid to corporations after “investor-state” tribunal attacks on, and rollbacks of, domestic public interest policies.
Globalization is an amazing tool for the world and it helps the economy growth. Sometimes, these big companies like Maquiladora, established their companies in poor countries or places where they can commit some acts without being put under the law. They use the citizens of those countries as workers, often paying them little amount of money or discriminating against who they hired. This often leads to many problems like death or misplacement, like the man I encountered while in Mexico. Giving up my vacation in mexico to give my time to help this man would be a good decision because this man and his deceased wife suffered a violation of human rights and he needs to get compensation from the company and acknowledgement of his human rights being violated.
Most people probably haven’t ever heard of Palestrina. He’s no Bach or Beethoven, but don’t overlook his ability. He is one of the most important and gifted religious composers of his time. During his career, he went everywhere from working in his local church to composing music for the Pope himself.
Felicia is a 17 year old Irish girl who unfortunately becomes pregnant by a young Irish man named Johnny Lysaght after meeting him at a wedding. Afterward, Johnny left Ireland to work in England. Felicia’s father believes that Johnny went to join the British Army, which to him is a betrayal of Ireland. Her father soon discovers that she is pregnant by him. Feeling ashamed, Felicia leaves Ireland to find Johnny. She continues to believe that he loves her, and refuses to accept that he would do such a terrible thing as joining the army of the oppressors.
Cheap labor is a driving force for businesses. As seen in the video, businesses will either move to where the cheap labor is or import the labor to them. This is necessary to cut costs to be able to complete in the global market. Unfortunately for Americans, this sometimes means they may lose jobs to countries where labor is cheaper.
According to our lecture notes, the Renaissance era was considered as the rebirth of contemporary music. The Renaissance era was highly influenced by culture, art, and science. It was a time period where people based their knowledge on science rather than the church. Giovanni Palestrina was one of the most famous composers who came out of the Renaissance era. His style of music brought a new light to traditional church music. He changed the culture on the way sacred was written. He abandoned the old polyphonic composition, and started writing music based on free style and using high voices.
One effect of globalization has been the freedoms regarding trading and companies’ abilities to acquire labor. In North America we signed the North American Free Trade Agreement (NAFTA), allowing trade and mobility between the countries of Mexico, Canada, and the United States of America. While designed to be a trade bloc between the countries, NAFTA has had many undesired effects especially on Mexico and industrial America. Mexican farmers have been badly hurt by the incorporation of NAFTA. While Americans have farm subsidies, specifically in the crops of corn, America is able to keep competitive prices if nor cheaper prices with that of Mexico. Moreover, this dumping by America has caused many Mexican farmers to stop farming corn and look elsewhere for employment. Thus, with America’s predatory pricing in agriculture, many Mexicans are forced out of business and forced to look elsewhere for work. Of course the most prosperous place to work is America, thus, we have a circle in which NAFTA has added to the amount of undocumented workers coming to America.
Government intervention takes two paths: Political and Economic. Political arguments for intervention are stressed with protecting the interest of groups such as producers, within a nation. This is the opposite of a free market, where government does not apply protectionism which can be defined as “Government actions and policies that restrict or restrain international trade, often done with the intent of protecting local business and jobs from foreign competition with the use of influence quota, duties, subsidies, what its citizens can buy, produce and sell from another country“ (Investopedia, n.d). Free trade is not always good, increasing trade means higher transport usage, which leads to higher cost and also greater environment