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Wednesday, April 13, 2016

The Pros And Cons Of Globalization

A story in the Washington Post said “20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers would have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish.”

There is no question that globalization has been a good thing for many developing countries who now have access to our markets and can export cheap goods. Globalization has also been good for Multi-national corporations and Wall Street. But globalization has not been good for working people (blue or white collar) and has led to the continuing deindustrialization of America.

Globalization is a complicated issue. It is necessary to evaluate the pros and cons before drawing any conclusions.

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3 comments:

  1. There are no "Pros".

    I love seeing the different races of people, their languages, and the customs of their cultures. To see them keeping their people pure lights me up! I love how they migrate to group themselves in cities and areas to preserve their cultures. Viva la difference!

    And, all countries and people have their own governments that came from those cultures. Some by mutual agreement, some by corruption, some by blood.

    Globalization would take that all away, and I LOVE my Country AND its Constitution, and I want to keep it, fight for it, and keep it secure and safe forever.

    If anyone else prefers the cultures of another country, planes leave here many times daily. Get on one!

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  2. I agree 100%. With globalization, we surrender our freedom, democracy, the Constitution of the United States and our sovereignty. Point, Blank, Period.

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  3. Globalization is indeed the enemy of diversity and "multiculturalism".

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