Globalization

Essay by wes1406College, Undergraduate March 2005

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Globalization can be defined in many ways. Some think of globalization as an expansion of global linkages, organization of social life on global scale, and growth of global consciousness, therefore a consolidation of world society, while others describe globalization as the faster, more universal connection of separate points on the globe, and others say that it's the integration of states through increasing contact, communication and trade to create a single global system where the process of change binds people together in a common fate. Many see globalization as being in the best thing for all parties involved, while others believe that increasing modern trade and global economic relations is harmful in many ways. Some examples of how globalization affects us today are increases in international trade, use of the internet and telecommunications throughout the world, exportation of movies from both Hollywood and Bollywood, increases in immigration, including illegal immigration, establishment of global financial systems, increasing international travel and tourism, and even terrorism.

How is globalization good? Proponents for globalization believe that globalization creates jobs in the world market, but many of these jobs are mainly in the developing countries. They claim that because globalization expands economic freedom and encourages competition it raises productivity and living standards of all. Mexican President Ernesto Zedillo, while addressing the World Economic Forum in 2000, stated that "trade was the most powerful instrument for making labor conditions converge across nations." Those who are pro-globalization believe that using a global economy can reduce the amount of poverty in the world. And by using a world economy, they believe that inequality will also be reduced. They believe that by giving the poor a chance to improve their lives, a better, more hopeful future will come about. Many believe that globalization promotes the spreading of cultures. Through globalization,