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Anti-Globalization

In: Social Issues

Submitted By hazeleyes18
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Anti Globalization
Michael Albert said that globalization leads to "...a thug's economy, a heartless economy, a base and vile and largely boring economy. It is the antithesis of human fulfillment and development. It mocks equity and justice. It enshrines greed (Globalization Quotes.)" Globalization is a harmful process and it has created more havoc and negative effects than good outcomes. Furthermore, some argue that globalization will help the world deal with crises like poverty and unemployment; this however, is no true. The International Forum on Globalization stated that globalization led to a "sharp increase in unemployment in both the North and the South as corporate activity becomes more mobile, unrestricted, opaque, and unaccountable (Globalization Quotes.)" This process does, in fact, lead to massive unemployment and high poverty levels. The growth in trade has, in general, created more jobs but the equivalent growth in competition has made many companies fire their workers so that they may cut costs, boost efficiency and increase profits. The less developed countries had some negative effects to deal with. For example, China, while experiencing economic growth, has also begun to struggle with unemployment. Studies show that increased trade between the North and South has lead to a decrease in the income equality between semiskilled and skilled workers in the South. On the other hand, the inequality grew among such workers in the North. The manufactured goods from the South raise demand and wages for workers with only limited skills and education. This is different for the North. In the North, highly skilled workers get paid top wages by technology and service industries, while semi skilled workers are not as needed (In Lexus and the Olive Tree.) Globalization has lead to the consumption of food from foreign countries instead of locally grown

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