derek globalization paper

derek globalization paper - Globalization paper According...

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Globalization paper According to Friedman, globalization is much like fire. “Fire itself is neither good nor bad. Used properly, it can cook food, sterilize equipment, form iron, and heat our homes. Used carelessly, fire can destroy lives, towns and forests in an instant.” Globalization has acquired considerable emotive force. Some view it as a process that is beneficial—a key to future world economic development—and also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases inequality within and between nations, threatens employment and living standards and thwarts social progress. Globalization creates new markets and wealth, even as it causes widespread suffering, disorder, and unrest. As with most issues, the majority of people will be in the middle. They will see globalization not as something to worship or demonize. Instead, they will see it as something to mold, shape and manage for the betterment of everyone. Globalization expands and accelerates the movement and exchange of ideas through commodities over vast distances. It is common to discuss the phenomenon from a global perspective, but in fact globalization's most important impacts are often highly localized. Most of today’s globalization debate focuses on the assertion that globalization worsens poverty and that poor people do not benefit from it. However, if we look at the past 180 years, remarkable progress has been made. In 1820, 83 percent of the world’s population earned less than $1 per day. By 1992, the percentage decreased significantly to 23 percent. (Steger Chapter 2, Globalization a new phenomenon) If we
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This note was uploaded on 04/21/2008 for the course GEOS 200 taught by Professor Staff during the Spring '07 term at Winona.

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derek globalization paper - Globalization paper According...

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