Do you think globalization is a positive or negative phenomon? Discuss.
13 comments:
Anonymous
said...
Do you think globalization is a positive or negative phenomenon? I think the correct question is do you think McDonalds dollar menu is a positive or negative phenomenon. For 10 bucks I can get 3 double cheese burgers with no onions, 3 side salads, 2 chicken sandwiches, and a side of fries. Hell yeah globalization is a good thing. Without it, where would video games, the Spanish channel, or Tyson barbecue wings be? The answer to that is NO WHERE! I don’t think I’d own 1/3 of the items in my home without globalization.
I think globalization is a positive outlook on the world. It promotes freedom of choice for all countries in the world. It also has allowed many countries to become what they are today. The smaller countries could produce things that other countries couldn’t, allowing the world to come together in manufacturing products. The small countries were brought into the picture socially in the world because it got them into industrialization. If it wasn’t for globalization, I don’t think we would be where we are today technologically. The fact that Japan wanted to hold out on globalization for so long actually hurt them, but when they agreed to it, their country became a major player in the global economy.
I agree with the 1st post. There's nothing wrong with videogames, the Spanish channel, and Tyson barbeque wings! Recently on ebay, I sold my Playstation 2 to someone in Brazil. Globalization is good because it opens up a whole new spectrum of people (or in this case they would be classified as "potential customers") to be able to buy goods from whereever around the world. One country can't supply EVERY SINGLE THING YOU CAN THINK OF to it's citizens. It's convenient for a country to be able to buy goods from another country and at the same time, the countries that have extra goods for sale will only be making more bank! So I think it's good for the market. Diversity is needed. It's great to have the option of whether you want to order from a Chinese restuarant, go to a Greek restuarant, Chic fil a, the Olive Garden, Japanese Hibatchi steakhouses, etc.
Globalization is a hot button issue for many Americans, but to say on balance it is either good or bad looks beyond the reality of the facts. Globalization is both good and bad for us in America and others around the globe as was illustrated in the film we viewed. Manufacturing jobs will naturally migrate to areas where labor costs are cheap, service jobs will as well, the only salvation for advanced industrialized nations will be by pursuing efficiency through the use of automation. There are limits to this policy though and the same limits do not apply to cheap labor. In this type of race numbers will likely prevail.
Globalization is the most dangerous double-edged sword of our time. In order for a rapidly advancing world such as ours to thrive successfully there needs to be an open exchange of ideas, goods, and people, but this way of doing business and living our lives leads us headlong into a mire of contradictions. We want everything to be fast and cheap, yet we want to be paid handsomely for our work and have a relaxed work schedule. This leads directly to the exportation of low-wage jobs and manufacturing to other countries. This creates a lot of jobs in these countries that need the help, however the quality of the work environment and the level of pay is questionable at best. Meanwhile the people in the USA cry out loud about jobs being lost to foreign countries, completely blind to the fact that it was their demand for cheap goods that set these events in motion.
The good side of globalization is the rapid exchange of information and technology which allows both first- and third-world countries to benefit from research done across the globe. Science and medicine has evolved by leaps and bounds in the last couple decades due to this open policy.
The best part about globalization though is the food :)
Globalization is not so much a choice but a fact of life in this technological society. With the world being as small as it is, with information being as available as it is we must learn to adapt to our new society. As the vast majority of your manufacturing and labor jobs go to those workers who are able to accept the lowest wage, which can be good to a point, but we also know what happens when work is done by the lowest bidder. There must be a point where we set a level of quality for both the products we buy and the lives of those who make them.
I believe that globalization is bitter sweet. On one hand globalization is the wave of the future it have allowed for the rising of many nations that at first were not significant in the global market. If small business and cooperate business owners are educated about how globalization works present some foundational strategies to remaining successful as a competitor in the global market However, there isn’t much more I can say that can make globalization the fix all for the world economy. It is possible that globalization could actually help in some instances. Globalization should be the major focus for people perusing degrees as economist. On the other hand, it is impossible to predict the global market. Although you can watch the trends and behavior of other countries you never know when a major competitor is going to make a unsound decision or when the key economic influence in a specific country is on to phase out. For instance, in China, it must have affected the global market when manufacturers had to recall so many toys due to defects. These unpredictable terms makes me very skeptical of globalization. Finally, one statement that was made by the president of Malaysia was that “now we don’t need superior weapons the war is a different war with globalization.
The Legacy of World War I to me was preparation for a sequel. Just like a block buster movie it leads you in a curtain direction then end but doesn’t have a clear conclusion. The Germans did not consider the fight over. They considered it not to be the ended but the beginning of a new zeal for power. It didn’t solve anything. It just made matters worse.
Globalization is a positive phenomenon for two reasons; it promotes intercultural merging through trade, and it increases the flow of money throughout the world. Without trade, cultures would not have been able to evolve into what they are today. Trade allows countries to expand in areas they might have been lacking on their own. For example, some countries do not have oil, geographically. However, through trade of other items they acquire, they are able to buy oil from countries how have plenty of it. Without exposure to different cultures and ideas, people create a bubble around their own little societies. This in turn does not lead to the cultures advancement; people get used to how a society works and have no desire for change. In relation to the amount of trade that is created through globalization, the amount of money invested in the worlds economy increase as well. With countries spending money on goods other countries have and vice versa, money is flowing from country to country in large quantities. Through the process of trading excess supplies to countries that do not have those supplies, money is being made to use in that countries economy.
I think globalization is both positive and negative phenomenon. The positive aspect of globalization is giving every country in the world the opportunity to increase their national wealth in a free and unrestricted world trade market. China and Mexico are two prime example of nation that are increasing their national wealth from the world trade market. The negative aspect of globalization is businesses moving their companies out of the United States which causes unemployment. For example, when Ford automobile plant closed down in Norfolk their employees face this problem.
I think globalization was a positive phenomenon because it encouraged trade and commerece. It stimulated trade between countries. We ue some of these goods today like pepper and cloves, nutmeg and sugar for cooking. If we couldn’t trade globally I don’t think we wouldn’t have some of the materials we use today like oil and gas.
13 comments:
Do you think globalization is a positive or negative phenomenon? I think the correct question is do you think McDonalds dollar menu is a positive or negative phenomenon. For 10 bucks I can get 3 double cheese burgers with no onions, 3 side salads, 2 chicken sandwiches, and a side of fries. Hell yeah globalization is a good thing. Without it, where would video games, the Spanish channel, or Tyson barbecue wings be? The answer to that is NO WHERE! I don’t think I’d own 1/3 of the items in my home without globalization.
I think globalization is a positive outlook on the world. It promotes freedom of choice for all countries in the world. It also has allowed many countries to become what they are today. The smaller countries could produce things that other countries couldn’t, allowing the world to come together in manufacturing products. The small countries were brought into the picture socially in the world because it got them into industrialization. If it wasn’t for globalization, I don’t think we would be where we are today technologically. The fact that Japan wanted to hold out on globalization for so long actually hurt them, but when they agreed to it, their country became a major player in the global economy.
I agree with the 1st post. There's nothing wrong with videogames, the Spanish channel, and Tyson barbeque wings! Recently on ebay, I sold my Playstation 2 to someone in Brazil. Globalization is good because it opens up a whole new spectrum of people (or in this case they would be classified as "potential customers") to be able to buy goods from whereever around the world. One country can't supply EVERY SINGLE THING YOU CAN THINK OF to it's citizens. It's convenient for a country to be able to buy goods from another country and at the same time, the countries that have extra goods for sale will only be making more bank! So I think it's good for the market. Diversity is needed. It's great to have the option of whether you want to order from a Chinese restuarant, go to a Greek restuarant, Chic fil a, the Olive Garden, Japanese Hibatchi steakhouses, etc.
Globalization is a hot button issue for many Americans, but to say on balance it is either good or bad looks beyond the reality of the facts. Globalization is both good and bad for us in America and others around the globe as was illustrated in the film we viewed. Manufacturing jobs will naturally migrate to areas where labor costs are cheap, service jobs will as well, the only salvation for advanced industrialized nations will be by pursuing efficiency through the use of automation. There are limits to this policy though and the same limits do not apply to cheap labor. In this type of race numbers will likely prevail.
Globalization is the most dangerous double-edged sword of our time. In order for a rapidly advancing world such as ours to thrive successfully there needs to be an open exchange of ideas, goods, and people, but this way of doing business and living our lives leads us headlong into a mire of contradictions. We want everything to be fast and cheap, yet we want to be paid handsomely for our work and have a relaxed work schedule. This leads directly to the exportation of low-wage jobs and manufacturing to other countries. This creates a lot of jobs in these countries that need the help, however the quality of the work environment and the level of pay is questionable at best. Meanwhile the people in the USA cry out loud about jobs being lost to foreign countries, completely blind to the fact that it was their demand for cheap goods that set these events in motion.
The good side of globalization is the rapid exchange of information and technology which allows both first- and third-world countries to benefit from research done across the globe. Science and medicine has evolved by leaps and bounds in the last couple decades due to this open policy.
The best part about globalization though is the food :)
Globalization is not so much a choice but a fact of life in this technological society. With the world being as small as it is, with information being as available as it is we must learn to adapt to our new society.
As the vast majority of your manufacturing and labor jobs go to those workers who are able to accept the lowest wage, which can be good to a point, but we also know what happens when work is done by the lowest bidder. There must be a point where we set a level of quality for both the products we buy and the lives of those who make them.
I believe that globalization is bitter sweet. On one hand globalization is the wave of the future it have allowed for the rising of many nations that at first were not significant in the global market. If small business and cooperate business owners are educated about how globalization works present some foundational strategies to remaining successful as a competitor in the global market However, there isn’t much more I can say that can make globalization the fix all for the world economy. It is possible that globalization could actually help in some instances. Globalization should be the major focus for people perusing degrees as economist. On the other hand, it is impossible to predict the global market. Although you can watch the trends and behavior of other countries you never know when a major competitor is going to make a unsound decision or when the key economic influence in a specific country is on to phase out. For instance, in China, it must have affected the global market when manufacturers had to recall so many toys due to defects. These unpredictable terms makes me very skeptical of globalization. Finally, one statement that was made by the president of Malaysia was that “now we don’t need superior weapons the war is a different war with globalization.
The Legacy of World War I to me was preparation for a sequel. Just like a block buster movie it leads you in a curtain direction then end but doesn’t have a clear conclusion. The Germans did not consider the fight over. They considered it not to be the ended but the beginning of a new zeal for power. It didn’t solve anything. It just made matters worse.
Globalization is a positive phenomenon for two reasons; it promotes intercultural merging through trade, and it increases the flow of money throughout the world. Without trade, cultures would not have been able to evolve into what they are today. Trade allows countries to expand in areas they might have been lacking on their own. For example, some countries do not have oil, geographically. However, through trade of other items they acquire, they are able to buy oil from countries how have plenty of it. Without exposure to different cultures and ideas, people create a bubble around their own little societies. This in turn does not lead to the cultures advancement; people get used to how a society works and have no desire for change. In relation to the amount of trade that is created through globalization, the amount of money invested in the worlds economy increase as well. With countries spending money on goods other countries have and vice versa, money is flowing from country to country in large quantities. Through the process of trading excess supplies to countries that do not have those supplies, money is being made to use in that countries economy.
I think globalization is both positive and negative phenomenon. The positive aspect of globalization is giving every country in the world the opportunity to increase their national wealth in a free and unrestricted world trade market. China and Mexico are two prime example of nation that are increasing their national wealth from the world trade market. The negative aspect of globalization is businesses moving their companies out of the United States which causes unemployment. For example, when Ford automobile plant closed down in Norfolk their employees face this problem.
I think globalization was a positive phenomenon because it encouraged trade and commerece. It stimulated trade between countries. We ue some of these goods today like pepper and cloves, nutmeg and sugar for cooking. If we couldn’t trade globally I don’t think we wouldn’t have some of the materials we use today like oil and gas.
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