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Globalization Paper Final

Globalization Paper Final - Globalization Since the...

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Globalization Since the beginning of time we have known that we are not alone on this world. Each individual is connected to one another. We live in different areas, with different cultures, and different life styles that make every person in this world unique. Through our differences come similarities that make us yearn to be connected to one another and to embrace all walks of life. Through globalization communication, transportation, and trade connect our species. Since early civilization these three characteristics of globalization has affected regions international relations. Through globalization countries and business have profited greatly. But on the other hand, globalization has torn countries apart, and has hurt our environment greatly. During President Obama’s campaign in 2008 he spoke about globalization saying, “We are in a world where, old boundaries communication, competition, and connection, can come from anywhere…. Not only is it impossible to turn back the tides of globalization, but trying to do so will actually make us worse off, so rather than fear the future we have to embrace it.” According to Gideon Rachman, the chief foreign affairs commentator for The Financial Times, an international newspaper, the globalization we know today started in a very short period of time. Rachman believes that the start of our global world began in 1973. This is when China opened its borders to the free market. In 1979, halfway around the world in England, Margaret Thatcher was elected to office in Great Britain. One of her first acts was abolishing foreign exchange control, making London a financial center of the world. Many countries copied this process as they began to see great financial success. Lastly Ronald Regan is elected to the office of President, in the United States. President Regan ran on the promise of deregulation and tax cuts to free up the market.
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Along with President Regan’s financial platform, his international practices helped bring down the Soviet Union, as well as the Berlin Wall, creating a more centralized world. The fall of the Berlin wall allowed a unified Germany, Eastern Europe, and Russia to become more globalized. Not only were world powers coming together in the free market, but also the development of the Internet and computers were making communication easier. This time became a revolution for connectivity around the world. Globalization was not started by rich business owners, but by politicians. The globalized world depends more on international politics, rather than international business. Fifty eight percent of Americans believe that globalization is bad for the US, and twenty eight percent believe that it has helped the US. These are troubling numbers. Globalization has only helped our market. After 1991, the US saw great prosperity and financial gain for almost a decade. Since 9/11 Conservative American Politics has instilled fear into the globalized world.
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Globalization Paper Final - Globalization Since the...

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