The dictionary definition of globalization is the act of globalizing, or extending to other or all parts of the world. According to Charles Tilly, ‘globalization means an increase in the geographic range of locally consequential social interactions, especially when that increase stretches a significant proportion of all interactions across international or intercontinental limits’ (qtd. in Kesselman 2). It also means it is a worldwide integration and development of countries for the benefit of the world. Economic globalization is a little different. According to the dictionary, economic globalization refers to increasing interdependence of and national economies across the world through a rapid increase in inter-border movement of goods, service, technology, and capital.
Even though we hear about globalization a lot recently, the term is not new. People have been selling and trading with different nations for thousands of years before the Great War (World War I) broke out; putting it on hold. In fact, globalization has been around for many centuries now. It has just been a pattern ever since man first traded. A new era of globalization started and has continued since the 1980s (Kesselman 4).
Many believe globalization to be spread by westerners. Since the new era of trade, the west did have a large part in influencing globalization, many of which were manufactured automobiles or textiles. “Globalization is often seen as global westernization” (Sen 28). Even though globalization is most commonly viewed as such, it is not entirely an invention of westerners. There has also been a large influence from the easterners too.
Globalization can be a good thing. One good reason why globalization is good is because of international trade. Trade has increase and production has increased. Goods and products have been traded internationally around the world. We get bananas, sneakers, and clothes from other countries. When we trade internationally, it helps both sides of the trade. One country gets the profit to help its’ country out and the other gets its product. “The bottom line then is that…trade is beneficial” (Wolf 76).
An example of trade that is beneficial:
Of the countries of the world, those in East Asia have grown the fastest and done most to reduce poverty. And they have done so, emphatically, via “globalization.” Their growth has been based on exports—by taking advantage of the global market for exports and by closing the technology gap. It was not just gaps in capital and other resources that separated the developed from the less-developed countries, but difference in knowledge. East Asian countries took advantage of the “globalization of knowledge” to reduce these disparities. (Stiglitz 87) Another reason why globalization can be a good thing is knowledge and communications. Without the invention of telephone, it was hard to communicate with one another in the United States. Before phones or telegrams, there were carrier pigeons, letters by mail, or person-to-person conversations. Now almost everywhere around the world has some sort of communication; cell phones, internet, video chats, blogs, etc. The internet is also a means to free information. Of course, there are plenty of negative impacts of globalization. The spreading of information and the spreading of factories causing severe side effects that could cause destruction throughout the world and already has. “As your country puts on the Golden Straitjacket, two things tend to happened: your economy grows and your politics shrinks” (Friedman 61). In other words, once a country plays into the global economy they have to make huge sacrifices. Globalization is driven by investments, trades, and information. With this rapid form of sharing, it has major effects on the environment and cultures along with the people. Some of them are even harsh.
“Flames and smoke swept the cramped textile factory in Baldia Town, a northwestern industrial suburb, creating panic among the hundreds of poorly paid workers who had been making undergarments and plastic tools…almost killing 300 workers” (ur-Rehman, Walsh, and Masood 2012). This is one of the many reasons of the negative impacts of globalization. With globalization many corporations only care about production and how fast they can produce it. Many of the factories, like the one in Baldia, had no safety regulations because the factory wanted more production and more money. Instead of using that money to get better safety for the factory, almost 300 people died that day. I believe that globalization is a good with regulations in place. There will need to be a lot of rules and regulations of globalizations like safety and health. I believe in free information and knowledge. It should be free in order for us to go and become a better people. Without these rules, things like Baldia happen. Globalization plays a big part in our lives today. Even if we tried, we would not be able to stop globalization. We can only regulate it. With globalization we can move towards a more peaceful future where we can understand each other. To improve safety and have regulations is a way to improve globalization. This will make it a whole lot better. If the factory in Baldia had better safety regulations and pay, then the outcome of the burning would have been different. There would be 300 people alive today. Despite all of its different sides, globalization is a good thing only when it is kept regulated. Globalization is in our world now and we should focus on what we should do to regulate globalization to where we are progressing as a whole and not going backwards. With all of the bad and the good, only we can make the difference however small that change may be it is still a difference for the better. Actions that will help others are the only way to go and understand one another more. With all of our technology and knowledge, we can solve many of the worlds’ problems if we just were not so greedy. With globalization, we can change the world; hopefully for the better. Works Cited
Friedman, Thomas L. "The Lexus and the Olive Tree." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 59-69. Print.
Kesselman, Mark. “Globalization as Contested Terrain.” The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 1-13. Print.
Sen, Amartya. "How to Judge Globalism." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 28-36. Print.
Stiglitz, Joseph E. "Globalism 's Discontents." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 86-96. Print. ur-Rehman, Zia, Declan Walsh, and Salman Masood. "Pakistan Factory Fires Kill More Than 300." The New York Times - Breaking News, World News & Multimedia. 12 Sept. 2012. Web. 2 Oct. 2012.
Webster, Inc. Merriam-Webster 's collegiate dictionary. 11th ed. Springfield, Mass.: Merriam-Webster, Inc., 2003. Print.
Wolf, Martin. "Why Globalization Works." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 74-85. Print.
Cited: Friedman, Thomas L. "The Lexus and the Olive Tree." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 59-69. Print. Kesselman, Mark. “Globalization as Contested Terrain.” The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 1-13. Print. Sen, Amartya. "How to Judge Globalism." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 28-36. Print. Stiglitz, Joseph E. "Globalism 's Discontents." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 86-96. Print. ur-Rehman, Zia, Declan Walsh, and Salman Masood. "Pakistan Factory Fires Kill More Than 300." The New York Times - Breaking News, World News & Multimedia. 12 Sept. 2012. Web. 2 Oct. 2012. Webster, Inc. Merriam-Webster 's collegiate dictionary. 11th ed. Springfield, Mass.: Merriam-Webster, Inc., 2003. Print. Wolf, Martin. "Why Globalization Works." The politics of globalization: a reader. Mark Kesselman. Boston: Houghton Mifflin Co., 2007. 74-85. Print.
You May Also Find These Documents Helpful
-
Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process.…
- 805 Words
- 4 Pages
Good Essays -
Merriam-Webster (2013) defines globalization as “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” (n.p.). Globalization did not start with just the economy. The ideas of globalization can be traced essentially back to the origins of man when they began to move from equatorial Africa. Next were the Europeans trading for silk and spices with the Far East, eventually leading to the discovery of the Americas by Christopher Columbus traveling to the West in an effort to find a shorter route to their foreign trade partners. Modern day globalization began to come about after World War II. This was mainly due to countries such as Sri Lanka, India, and some in South America gaining independence and establishing their own trade relations with the rest of the world as they now had their own economy. With increased global economies, came the United Nations (UN) and the World Trade Organization (WTO) which was established to aid in settling commercial and trade disputes. So while seen as something relatively modern in our age, globalization can be traced to the beginning of time and has continued to evolve over the centuries (Larchi,…
- 1702 Words
- 7 Pages
Powerful Essays -
Cited: Friedman, Thomas L. “Globalization: The Super-Story”. The Norton Mix: A Custom Publication. Ed. Boston University. New York: W.W.Norton, 2010. Print. 101-105…
- 1267 Words
- 6 Pages
Good Essays -
What can two dollars buy you? A small coffee at Starbucks, a candy bar, bag of chips, and a soda, a slice of pizza. For nearly three billion people, approximately half of the world 's population, two dollars a day is all the money that the person has to live on. Moreover, of the 2.2 billion children in the world, 1 billion grow up in poverty; 640 million without adequate shelter, 400 millions with no access to safe water, and 270 million with no access to health services (UNICEF 2005). One proposed reason for this harsh reality of high poverty rates is globalization - the growing integration of economies and societies around the world. The claim that globalization generates poverty has been the focus of many debates for the last twenty years, including the debate between Carlos Caretto, Gillian Crowl, Steve Grossman, and Annie Wong on February 21, 2005. Caretto and Crowl argued that poverty is an indirect result of globalization as is evident by high unemployment rates, wage inequality, and diminishing health and educational programs. Grossman and Wong contended that globalization does not generate poverty, but it in fact helps the world by promoting education, decreasing and shortening the length of wars, and increasing new resources. Close examination of the facts presented in lectures, readings, and the debates shows that each side presents logical evidence, but the facts confirm that globalization does in fact generate poverty.…
- 1917 Words
- 8 Pages
Powerful Essays -
Fences and Windows: Dispatches from the front lines of the globalization debate. Klein, N. (2002). Toronto, ON: Vintage.…
- 560 Words
- 2 Pages
Good Essays -
Bibliography: Abdelal, R. and A. Segal 2007, ‘Has Globalization Passed Its Peak?’, Foreign Affairs, Jan-Feb, pp.103-114.…
- 892 Words
- 4 Pages
Good Essays -
The book is broken up into four major sections. The first section of the book explains today’s globalization system and how it functions. The second section explains how countries, communities, companies, and individuals interact with the system. The third section is dedicated to those who are against globalization, or the “backlashers.” Finally, the fourth section explains the role of the US and how we should be functioning and…
- 1275 Words
- 6 Pages
Powerful Essays -
Smiths, S. Owens, P. (2008) The Globalization of World Politics: An introduction to international relations. 4th edn.Oxford: Oxford University Press.…
- 1967 Words
- 8 Pages
Best Essays -
ALTMAN, DANIEL. (YEAR UNKNOWN). “MANAGING GLOBALIZATION. IN: Q & ANSWERS WITH JOSEPH E. STIGLITZ”. COLUMBIA UNIVERSITY AND THE INTERNATIONAL HERALD TRIBUNE, OCT11, 2006 05:03AM. RETRIEVED OCT 29, 2007 FROM JSTOR DATABASE.…
- 4033 Words
- 17 Pages
Powerful Essays -
Ritzer, G., and Atalay. Z., eds. 2010. Readings in globalization : key concepts and major debates Oxford: Wiley-Blackwell.…
- 1093 Words
- 5 Pages
Good Essays -
Cox, R. W. (1996). A perspective on globalization. In J. H. Mittelman (Ed.), Globalization: Critical reflections (pp. 21-30). Boulder, CO: Lynne Rienner.…
- 4581 Words
- 19 Pages
Powerful Essays -
References: Locke, R. M., & Siteman, A. J. (2007, February 20). The Promise and Perils of Globalization:…
- 995 Words
- 4 Pages
Good Essays -
Over the years, vast amount of literature has been written on the subject but even today there exists no clear definition of globalization primarily because it affects such a wide range of activities. Simply put, globalization is defined as “increasing and intensified flows between countries of goods, services, capital, ideas, information and people, which produce national…
- 2052 Words
- 9 Pages
Powerful Essays -
Osterhammel, Jürgen, and Niels P. Petersson. Globalization: A Short History. Princeton, NJ: Princeton UP, 2005. Print.…
- 1391 Words
- 4 Pages
Powerful Essays -
Globalization has been underway since the dawn of history. “It is now characterized by shrinking space and time and by vanishing borders. Globalizing processes are dismantling obstacles to movement. As a result, there has been an increasing flow of people, goods, services, ideas, technologies and information across international borders. In simple terms, globalization is defined as a ‘process that widens the extent and form of cross-border transactions among peoples, assets, goods and services and that deepens the economic interdependence between and among globalizing entities, which may be private or public institutions or governments” (Lubbers 2000). Globalization is a basically connecting different country together as a global village.…
- 1104 Words
- 5 Pages
Better Essays