A Globalization Essay

Globalizatio n Essay Globalization can be defined as the integration of the world’s economy. The director is pro-globalization. He believes that globalization has many long-term benefits and that the anti-globalization movement is extremely ignorant to a dangerous extent. The reason why globalization has previously been considered bad is because it has been claimed to create poverty. This is a wrong claim because only after modernization the countries have started to escape poverty. Therefore, countries have to be integrated into the global economy in order to grow and develop. A good example of that is Sweden because they are in a much better situation now after they allowed themselves to globalize. Due to globalization, three billion people have been lifted out of poverty in the last 50 years. Furthermore, globalization brings wealth and freedom to everyone due to capitalism. If there is more of a free market, there are fewer restrictions and therefore, more money. Finally, the director believes that globalization is good. His thesis is that globalization would solve the problem of poverty if it were to increase and be unrestricted. The director is very pro-capitalist. The good effects of globalization can clearly be seen in Taiwan. Thirty years ago, Taiwan was a very poor country, until they allowed themselves to globalize. Within the first ten years of globalization, more than half of the poverty there was gone. An example of how the government changed was the land reform. In the 1950s, the Taiwanese government began buying land from the elite and giving it to the population, and therefore distributing the wealth. Once the people owned land they could do whatever they wanted such as farm crops. The reasons why globalization affected Taiwan to a positive extent was because just by the definition of globalization, it is easy to start a business because of little bureaucracy and regulation. Furthermore, the country is able to specialize in sectors where they can produce wealth and import from others where they cannot. Globalization also exposes businesses constantly to competition which means that they have to be more productive. Another good effect of globalization is democracy, which is good for the country. Critics of globalization have claimed that this process is called Americanization; however, if people had protested against globalization in Taiwan, they would still be poor. The reason why globalization may be linked to the United States is because they are an extremely globalized society. However, it cannot be forgotten that they are the richest and most powerful nation in the world, which proves the thesis that globalization is good and diminishes poverty. Globalization can also be seen positively in a country where the economy has doubled in the past fifteen years, Vietnam. Even though the vast majority of Vietnam is still poor, this is changing due to globalization. First of all, globalization has clearly made the workers’ lives better. For instance, child labor was outlawed in 1988 and now it is considered an outdated myth. At the Nike factory, workers need to be older than 18 to work at foot wear, and at least older than 16 to work at apparel. The average age of a wor ker there is around 24 to 25 years old. The reason why so many children had to work before wa s because their parents needed them to in order to help support the family, but since they a re now able to make more money, this is no longer a necessity. Therefore, the number of children working dropped by 2.2 million in ten years. This means that these children now have a chance to go to school and make a career for

A Globalization Essay

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