2006-10-02 19:34:13 · 8 answers · asked by Anonymous in Politics & Government ➔ Government
"First World" countries, like the U.S., can expect to have their wages and lifestyles decline as their jobs are shipped overseas because "Third World" workers will do the same job for a fraction of what it costs to pay the same worker in the "First World" to do the same job. Also the cost of living in "Third World" countries is lower and for the present, the value of "First World" currency has a significantly favorable exchange rate in "Third World" countries.
Globalization will eventually lead to most all of the countries of the world becoming 'Second World" countries over the next fifty years as the value of "First World" currency will decline as its wealth is being used for "Third World" labor and products and will eventually level off.
2006-10-02 19:49:06 · answer #1 · answered by bottleblondemama 7 · 1⤊ 0⤋
As soon as a country's labor costs get too expensive, the factories will close down and the jobs will be outsourced to a second country. And the previous workers will be out of work.
Those jobs in the new country will last as long as they are competitive with a third country, at which point the jobs will move from the second to the third country. And the process will continue moving to the country with the cheapest labor force available.
In the end, worker's wages keep running downhill.
2006-10-03 02:55:57 · answer #2 · answered by Tom-SJ 6 · 0⤊ 0⤋
The first thing which comes to my mind is the stark reality, that we would be under the tyranny, power, authority, of a "ruler" instead of a Democracy!
When I heard the Iranian PM refer to GWB as Mr. Premier, it shook my roots loose!
Why do you think they are pushing so hard for the "super highway" between Mexico, U.S., and Canada?
If, we don't put a stop to this, now - we will find ourselves on a runaway train, to down!
Don't make me come back a year from now, and say; "I told you so!"
2006-10-03 02:50:00 · answer #3 · answered by Ro40rd 3 · 0⤊ 0⤋
It makes the world a smaller place for 6 billion people.
2006-10-03 02:39:24 · answer #4 · answered by gameplan_xtreme 4 · 0⤊ 1⤋
Lost of Cultural Indentity!!! Lost of traditional way of life influence by foreign countries.
2006-10-03 02:38:50 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Annoying people put bandanas on their faces and then break the windows at Starbucks.
2006-10-03 02:37:29 · answer #6 · answered by michinoku2001 7 · 0⤊ 2⤋
Poverty and Hopelessness
2006-10-03 02:42:09 · answer #7 · answered by Anonymous · 0⤊ 1⤋
It wouldn't be politically correct!
2006-10-03 02:38:21 · answer #8 · answered by fortuitousoppty 5 · 0⤊ 2⤋