Preview

Globalization Myths

Satisfactory Essays
Open Document
Open Document
497 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Globalization Myths
Araceli Gonzalez
AMM 457
October 12, 2012
Pro-Globalization

In today’s world, there are so many things that get overlooked or don’t even come into conversation. With incidents and worldwide transactions that happen every second and factors that influence our everyday decisions, Globalization is not something one talks about everyday. Peter Dicken, author of Global shift introduced the book by 5 myths of globalization per other contradictions of other authors, business strategist, globalists and anti globalists. Dicken, (2011) mentioned, “Globalization is not always good (contra the neo-liberal hyper-globalizers)” and “Globalization is not always bad (contra the anti-globalizers)” (p. 8). I agree with Dickens point on Globalization not always being a bad thing, contra the anti-globalizers.
Globalization has many pros and cons. In a society where fear over rules and gets in the way of moving forward, it is hard to be able to forecast the future and tomorrows actions. What one must do is relate to history and proceed with small steps. With a factor such as globalization where interconnecting on a national and global level, many nations and countries fear that by interconnecting it will increase the scale of inequality (Dickens, 2011 p. 6). This might be true to say due to the underdeveloped countries and there has to be countries with less power otherwise the would would not function properly if we were on the same level. Some countries need to be more invested to better help the lesser countries. When one fails, the other will be there to help.
I also believe Globalization may be a good thing due to the rapid increase of integration that is happening with todays technology. Today we are able to get live feed in “real time” even though it may be happening in a different time zone in the opposite side of the world. “Technological innovation has accelerated integration both virtually […]as well as physically with vast improvements in transports and



Cited: Dicken, P (2011). Global shift: Mapping the Changing Contours of the World. Economy. New York: The Guilford Press Globalization: The Good, The Bad, and the Uncertain. (2012, February 01). The Globalist. Retrieved Tuesday October 9, 2012, from http://www.theglobalist.com/

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Is globalization good or bad in the business world today? There are good and bad sides to everything now days. It’s just weighing your options out to see what fits better. In the next couple of paragraphs we will go over what is good and what could be bad in globalization in the business world.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    For some people, globalization is so feared it is synonymous with world destruction. In the end, for all we know, maybe this will be proven before it is over. In reality however, there are many good things that have resulted from globalization(1, Premise). Let’s for a moment focus on the economy, even though there are many other advantages that have been brought forward that will also be discussed. Many Americans do not appreciate how efficient our markets are, in this case efficiency in reference to supply and demand is number one. These efficient markets allow economies to grow. As many have learned in a global world, when one economy grows, it spurs growth in all the other economies that are connected to it. In this way, reverberations of success are felt across the world, even when they are most profound in one area. Needless to say, this is a very good thing. This is partially a result of what I just mentioned, but wealth equality around the world goes much deeper than that. Perhaps a better phrase than wealth equality is “standard of living.” Globalization does several things that are undeniable at the end of the day. First and foremost for one it creates jobs, which is a priority to the economic success of any market(2, Premise). Along with job creation it improves infrastructure while it also allows more people to live at a higher global level every day. Mainly regular access to medicine, clean water, food production, housing, etc., things we take for granted here in the United States. Many if not most third world countries do not share these same day to day things we categorize as necessities. Things they would refer to as luxuries. Globalization results in partnerships between countries and organizations, which in turn could help bring these countries along in many of these areas. This also makes relations much more stable between both. Agreements are much more frequently found by partners of vast…

    • 801 Words
    • 3 Pages
    Good Essays
  • Powerful 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
  • Powerful Essays

    Most of the arguments against globalisation strike at one point: it benefits corporations and not people. However, it is not that way. It is possible for globalization to benefit both corporations and people. There are many points in favour of globalization i.e. it lowers prices. Food is cheaper, clothes are cheaper, cars are cheaper, and phone service is cheaper. Globalization lowers prices and raises income. Most importantly, free trade stops wars. One world, one peace, else can be fixed (Roberts & Hite, 2000). Globalization is good just not for the rich countries but especially for the poor countries. “The booming economies of India and China--the Elephant and the Dragon--have lifted 200 million people out of abject poverty in the 1990s as globalization took off, the International Monetary Fund says. Tens of millions more have catapulted themselves far ahead into the middle class.” (Meredith & Hoppough, 2007).…

    • 3639 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Globalization is not a perfected idea. In fact it has brought many problems and is not available to everyone. Thanks to globalization many jobs have been outsourced, the prosperity it brings isn't always affordable and the fact governments rise and fall show that it's not sustainable. Overall globalizations prosperity is not sustainable and not available to all.…

    • 368 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Globalization in Mexico

    • 1275 Words
    • 6 Pages

    Globalization gives us many opportunities offered to all countries able to access the markets in which to place their products, capital to be invested and technological innovations that can boost economic growth. But globalization is a risk of considerable dimensions: left out of the process, namely, the lack of access to the benefits that the global economy offers.…

    • 1275 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Globalization does have positive effects that are felt throughout the world. If we look at the latter part of the 20th century alone, the evidence that globalization reduces poverty is overwhelming. Looking at a variety of measurements – poverty, life expectancy, health, education – more people have become better off at a faster pace in the past sixty years than ever before. And according to the World Bank, trade enabled the developing countries to grow at a rate of 4.3 percent per year during the 1990s, twice the rate of the developed…

    • 1917 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Is economic globalization good for humankind? Murray Weidenbaum (2007) believes globalization is a positive change especially for poor nations and an opportunity for the exchange of ideas between countries. For the basis of his argument, Weidenbaum states the top ten myths about economic globalization and rebukes them. On the opposite side of the argument is Herman E. Daly (2007) who is strongly against economic globalization. With economic integration comes political, social, and cultural integration between countries which will result in a loss of national identity and the potential for national governments to be replaced by multinational governments. To support his argument, Daly gives four negative consequences as the result of economical globalization (Street & Street, 2007).…

    • 1085 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Globalization is a new term that has found a significant place in the lives of the people. By globalization, we mean shedding down the walls of distrust and the barriers of suspicion in between countries, to make a bridge where ideas and beliefs can cross the boarders. Though globalization today primarily covers the economical side, the impact is not limited to the economy only. It actually affects every aspect of life, like cultural, social, psychological and of course, political. While globalization is seen as a sign of a hopeful future by some, there are others who believe that it can cause tremendous disaster for the world economy. The following are the advantages and disadvantages of globalisation:…

    • 2149 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    There are several positive aspects of globalization; these include the exchange of culture, values and beliefs between nations, the openness of border, communication, and circulation between nations. However, globalization has many negative impacts on developing countries, varying from the cultural, economical, social, environmental, to the political sectors; thus, widening the gap between the developed and under-developed countries.…

    • 2170 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    For most of the period since World War II, globalization posted steady increases. But today, we find ourselves in an age of ambiguity. Some exult about “hyper globalization,”…

    • 867 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    In political debates all around the world there has been one major topic that is always brought up to debate about and that is globalization. Globalization has been announced one of the best things to happen to the world and also has been announced that it is destroying our world. With globalization there are tons of positive effects and loads of negative effects that…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    The term 'globalization' is profoundly contentious. Where there are some highly appreciated advantages of this ideology of integrating cultures, the world has witnessed some enormously threatening effects of the same too. Its pros and cons simultaneously support and contradict its impact on the world economy. While the ones advocating globalization believe that it is because of this trend that poor economies have regained their hopes and faiths of developing financially, thus, raising their standards of living, the ones contradicting it believe that globalization is the only reason behind elite and high-profile multinational companies trashing local cultures and beliefs, domestic small-scale businesses, and commoners, in the rush to attain an international status. This instigates us to put forth numerous questions like…

    • 1797 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Globalization affects states, nations, societies and cultures, but could not be more intimate in its definition and perception. As such, the perception of globalization has shifted significantly from the 20th century to the 21st century. Whereas globalization was still a developing phe- nomenon that dominated politics more than personal lives in the previous century, the faster movement of data, people and goods today makes us feel like we have arrived in a globalized world. This essay proceeds by putting globalization in the two centuries in perspective and by then highlighting recent trends in the globalization debate. It then gives a possible explana- tion for those trends and concludes.…

    • 1152 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Easy communication all over the world is one aspect of globalization. This appears to be a good thing but many bad things can come out of it. Of course global trading and negotiating is a good thing. China can share their knowledge and science with USA and vice versa. But terrorists can also exploit the global communication for example the nowadays pirates in Somalia. They can kidnap some Danes and contact the Danish police or government and ask for a ransom. Globalization also leads to the world “shrinking”. Cultures will be more alike because it is so easy to travel to the other side of the world and learn from other cultures, buy their food or items and adopt it in to your own culture. This can in worst case scenario end up with having a world that is the same no matter where you go. It doesn’t matter if you are in China or in Mexico.…

    • 826 Words
    • 4 Pages
    Good Essays

Related Topics