are you with or against globalization?

Answer 1

The way it is being handled now, yes!

Globalization only makes sense if the countries that have higher minimum wages require countries with low or no minimum wages to significantly increase their minimum wages. That would prevent unskilled workers from taking the jobs of highly skilled workers for almost no money.

The idea of a legitimate globalization is great. It helps employ people all around the world. It needs to be done but wages need to be proper in every country. That would prevent companies from moving jobs just to pay employees less.

Take care,
Troy

Answer 2

i've just finished studying a development course at uni so i'll mention some stuff that is relavent here... globalisation has it's negatives and positives.. i think the biggest negative is its impact on developing coutries. The 97 asian financial crisis highlights this. When you look at the only countries in the world to industrialise since 1914 there have effectively only been 4 and they have all industrialised with closed economies. There policies have centred around ISI (import substituting industrialisation) and EOI (export orientated industrialisation), the countries that have done this Korea, Taiwan, Hong Kong and Singapore. No country has EVER industrialised through free trade no matter what any other economist will tell you... globalisation has seen massive amounts of foreign direct investment pour into China and SE Asia... This mean that multinationals will move in set up assembling factories (so there is no high technology mastery) and the governements of these countries are left to try and keep wages as low as possible to prevent the multinationals leaving. Compare this to say Japan or Korea who industrialised in closed economies... How many major Korean and Japanese companies can you think of? heaps! How many chinese companies can you think of? not many! so basically globalisation is great for us in the west but a disaster for developing countries...

Answer 3

it have certain benefits and bad things;it depends on the country; i mean if it is a country that is exporting things and from the developed countries so globalization definitely helped; but if the country is still developing; am sure that wont really help; also for the developing countries it is good if we looked at the technology and information part; and if it is about religion; i think it is good for the the religions excepts for Islam as there are many outcomes that is against the believes of the muslims; economically speaking; the developed countries defiently grew and will grow and expand much more through globalization.

Answer 4

The architects of globalization readily admit there is a painful 40 year adjustment period ahead for the wealthy countries. Downsizing has personally affected me. My job went overseas. With 40 more years ahead, that puts my prospects of realizing benefits from globalization after my time. So, no, unfettered globilization is bad. They should have fazed it in with warnings to the affected industries.

America embarked upon this theory of globilization, hoping to emesh Asia into capitalism, and therefore tempt rouge nations away from military expansionism. The theory will prove wrong, I'm afraid. History shows the world's arms merchant rules the leadership position.

Answer 5

Against. Part of globalization is to have people give up freedom and liberty to make everyone equal. We used to call that "Communism" and the people we call our parents, grandparents, and great grandparents suffered and died protecting us from it. But we all are living pretty well now, and are throwing it all away. Does it really make sense for our government to tell us we have to give up our quality of life and change to be like the rest of the world? If the rest of the world is so great, why are so many people risking there lives to get here? We are rapidly changing as a society, and we are allowing it to happen.

Answer 6

I'm WITH globalization.

So is economist Milton FRIEDMAN now (by dying a few days ago).

No insult intended to personal friends and family, who remember him. It's just that any economist who hasn't moved beyond "free" market is the newest dinosaur who doesn't understand the global effect upon national economies.

Answer 7

im BOTH because globalization help us to understand other countries get new technology's from them understand their economy understand their culture BUT there are bad effects of globalizations like the mafias of other countries start to come over in your country and spoil your country peoples life,they export drugs easily and smuggling etc...so im BOTH..

Answer 8

I am for