Globalisation argument
GLOBALISATION, FOR OR AGAINST?
Globalisation is the main reason that we are all linked to the rest of the world. To argue for or against it, we first have to take the definition of globalisation. It means the way jobs; fashion, services, goods and information are flowing more easily around the globe. In my personal opinion, I am against globalisation.
Globalisation has many drawbacks, which can be organised into economic, social and environmental fields. The main sources of globalisation are TNC’S. These are known as Trans National companies, which earn colossal profits every year. They are the ones who drive globalisation on the first place. However, there power is massive. TNC’s in today’s world are more powerful than some governments of certain countries. They just walk into a country which they desire, do whatever they want, earn profits, exploit labour and if they find a better deal with lower wages somewhere else, they just move out. No one has control over them! Also under the economic field, these TNC’s are very selfish, as they send all the profits they earn, back to their headquarters at home. Therefore, they do not help the countries where they have set up branches. This affects the local economy in a big way. In order to improve this, LEDC’s need their own local industries, but they cannot set them up because of all the competition from TNC’s. This shows that economically, the governments and LEDC citizens are affected by globalisation.
Socially, there are many drawbacks which globalisation could inflict upon countries and people. Firstly, when TNC’s move to LEDC’s with lower wages, they exploit the country’s labour and workforce. They force people to work very long hours a day, with little or no pay. Do you think it is fair? No one has the right to force the countries citizens to work under such conditions. Most of these sweatshops are filled with very poor people, who have no choice, but to be happy with their jobs, even if it means sewing or
Globalisation is the main reason that we are all linked to the rest of the world. To argue for or against it, we first have to take the definition of globalisation. It means the way jobs; fashion, services, goods and information are flowing more easily around the globe. In my personal opinion, I am against globalisation.
Globalisation has many drawbacks, which can be organised into economic, social and environmental fields. The main sources of globalisation are TNC’S. These are known as Trans National companies, which earn colossal profits every year. They are the ones who drive globalisation on the first place. However, there power is massive. TNC’s in today’s world are more powerful than some governments of certain countries. They just walk into a country which they desire, do whatever they want, earn profits, exploit labour and if they find a better deal with lower wages somewhere else, they just move out. No one has control over them! Also under the economic field, these TNC’s are very selfish, as they send all the profits they earn, back to their headquarters at home. Therefore, they do not help the countries where they have set up branches. This affects the local economy in a big way. In order to improve this, LEDC’s need their own local industries, but they cannot set them up because of all the competition from TNC’s. This shows that economically, the governments and LEDC citizens are affected by globalisation.
Socially, there are many drawbacks which globalisation could inflict upon countries and people. Firstly, when TNC’s move to LEDC’s with lower wages, they exploit the country’s labour and workforce. They force people to work very long hours a day, with little or no pay. Do you think it is fair? No one has the right to force the countries citizens to work under such conditions. Most of these sweatshops are filled with very poor people, who have no choice, but to be happy with their jobs, even if it means sewing or