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Globalization: the Bad

In: Business and Management

Submitted By Seggy
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Globalization: the bad and the bad

Sargon Lazar (Serge)
100443573
GHUM 1058
Professor Adeesha Hack

Globalization defined is the worldwide movement toward economic, financial, trade, and communications integration. Globalization itself has been around for ages. In ancient times, the Greeks and Romans would import salt and spices while exporting musical instruments and art to the eastern part of the world. It has helped shape the society we currently live in. Globalization also plays a part in influencing change in cultures, lifestyles and values. From afar, globalization would seem to have a heavily positive effect on the world we live in today, but not everything is what it seems. Indeed, the concept of globalization raises many questions and controversial issues. The globalists argue that globalization is a positive development as it will give rise to new industries and more jobs in developing countries. Meanwhile, the anti-globalists state that globalization is negative in that it will force poorer countries of the world to do whatever the big developed countries tell them to do. Both ends of the argument have valid points, but for the sake of argument, I look further into the adverse. One issue is that developed countries, like Canada, are the ones losing out because they are involved in outsourcing many of the manufacturing jobs that were previously done by their own citizens. Outsourcing involves obtaining goods by contract from outside sources. An example of outsourcing is when technical help services are being provided by India for electronic products that are North American made. This is also why we may find many of our clothes with labels from developing countries such as Malaysia, Sri Lanka, and the Philippines, where they can be produced at lower costs. The critics that are against outsourcing feel that no one wins with this practice. Workers...

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