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Globalization: Good or Bad

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Globalization: Good or Bad
Globalization: Good or Bad

Plamen Peev peev.pl@gmail.com Augustine Worth
ENG 290 – Advanced Writing
Argumentative Essay
November 30, 2010
“I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove. In fact, if you can understand me—no, that's too much to ask of anyone—if you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing. I have a profound lesson to teach. And I can teach this lesson better than can an automobile or an airplane or a mechanical dishwasher because—well, because I am seemingly so simple. Simple? Yet, not a single person on the face of this earth knows how to make me.”(Read, 1958) In his classic essay “I, Pencil” Leonard Read pictures the incredible story of the creation of a pencil. It would not be possible, he says, to make even a single pencil, without small contributions from millions of people around the world, most of whom don't even have a slight idea about the pencil that is going to be produced by their work. The pencil is a product of globalization, and if not for globalization, we would not have pencils, among many, many other things. Despite some negative effects of globalization, it would not be possible to have a diverse array of available products all around the world, and we most certainly would not have world peace.

Several side effects of globalization exist. First, because manufacturing labor in developing countries is very cheap many people in the developed countries lost their jobs. It is much cheaper to make a tshirt in China and ship it to Europe or the USA, than to make it in Europe or the USA. It used to be just low-tech industries like clothing, but they are getting better. iPods are assembled in China from imported and locally made components. Chinese PC manufacturer Lenovo bought the PC division of IBM several years ago. HP and many others have outsourced manufacturing in China. Some white collar



References: Caldwell, J. S.(2010, November) International Business: Course Review. p. 8 Caldwell, J. S.(2010a, November) International Business: Course Review. p. 24 Lee, J. W., Pyun, J. H. (2009, March 21) Globalisation promotes peace. Retrieved from: http://www.voxeu.org/index.php?q=node/3316 Read, L (1958, December) I, Pencil: My Family Three as Told to Leonard E. Read Representative of German Industry and Trade (2008) Facts about German-American Investment and Trade. Retrieved from: http://www.contentfirst.com/past/RGIT/ RGITBrochure2008.pdf

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