Globalization: European Conquistadors In Latin America

8 December 2012
Globalization: Prompt #2
Globalization is a term that is used by many to describe a variety of actions. Globalization typically refers to the integration of the people, economies, and governments of different nations and is commonly driven by foreign trade, investment, and proliferation of new technology. This process is intended to benefit developing countries and allow them to grow and become incorporated into the global economy. Some see globalization as an answer to Latin America’s problems regarding social inequality, poverty, and lack of capital flow. They see globalization as a success because substantial economic growth and increase in trade can be seen throughout Latin America. However, others believe that the negative
Unfortunately, this blessing has historically turned into a curse. The arrival of the European conquistadors in Latin America hundreds of years ago began a seemingly continuous trend throughout the region in which Latin American people and land were exploited for the benefit of others. Latin American lands were prime territory for the money-seeking individuals who conquered the area. They were systematically looted for their valuable materials, which were exported to other counties. This lead to the financial stimulation of economics all throughout Europe, while creating no benefit, and in many cases, harm to Latin America. The number of people in poverty multiplied as money stayed in the hands of the rich and fueled their need for extravagance. Extreme inequality became characteristic of these regions, where a small but deeply rooted elite social class dominated. The elite controlled the means of production and wages, and received access to better education. The poor were relegated to manual labor and subsistence wage levels, and little access to educational opportunities. Latin American goods were introduced into the global market, but Latin America workers typically did not receive the benefits of the increased trade. The history of Latin America is important in the understanding the problems seen today because Latin America has a historical legacy
Many Latin American’s looking to escape the poor conditions that were exemplified by globalization processes have chosen to migrate to the US. The intensification of Latin American migration to the United States has also led to an upsurge of repression, racism, and discrimination against immigrants and those of Latin American descent. Although the United States was initially seen as a safe haven from the political repression, sub-par living conditions, and inequality found in Latin America, many immigrants have experienced the exact opposite. Many Latinos struggle to find jobs due to their citizenship status and often end up working for less than minimum wage. Patrick Zavella established a connection between job and wage inequality and the high rate of poverty seen throughout the Latino community. Immigrants who cannot gain legal status in the United States have no opportunity for financial advancement because they cannot gain jobs. Latin American’s in the United States have also faced discrimination for their culture and race. Hate crimes are prevalent in the Latino community and many Latinos are subject to harassment. It is ironic that many Latin American’s in the United States continue to face the very problems they wished to escape by leaving their home