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Globalization is a good thing or not

Every coin has its two sides, one side is good, another side is not good, we can not be
arbitrary judge the development of a new type of things is good or not, so for the
trend of globalization is a good or bad, I still think it has both good and bad two sides,
as follows, is my personal point of view to judge the advantage side and disadvantage
side of globalization.

Good:
Its easier to help each other
Globalization is good for the world, because people from all around the world work
together. That makes it easier to communicate between different places on the earth,
for example through the social networks like Facebook and twitter. Because you can
access it in most parts of the world, information can be exchanged easier and faster
than through any other tool. People from one place in the world can get information
about places they never visited before, or they can get information about something
that just happened in places around the world. That makes it a lot easier to help others
in situations like the missing plane in Malaysia where many different countries try to
help finding the plane. That wouldnt be possible without globalization, because the
other countries wouldnt know about it or they just dont care about all the other
countries. Its also easier to invent new technologies. If somebody discovers a new
technology, other experts around the world get informed about that and they can help
him work on his project. The different countries dont work against each other
anymore; they help each other to find a way to solve a problem. Because we share
new technology, its easier to use that technology and develop new products.

Economic globalization has more benefits
1. The development of international tourism
2. Free trade can also be able to improve the quality of economy
3. Through globalization, people may become aware of incidents very quickly
4. Globalization encourages countries around the world to provide typical western
services
5. It makes people more familiar with other cultures, and they are exposed to new
ideas about food, goods, and services 6. International trade is vital to the economies
of most countries around the world

Globalization=Better Products and Lower Prices.
Globalization is good; by outsourcing low skilled jobs to foreign markets, companies
are able to utilize cheap labor, resulting in lower prices for the consumer. Although
many people in the U.S. Are upset about the loss of these unskilled jobs, they are also
upset about high prices. Outsourcing not only leads to these treasured lower prices,
but also leads to the creation of new and better products, as well as the creation of a
foreign middle class. This may not seem important to the upset U.S. Citizen, but is
important to the economy. By creating foreign jobs and income, this new class now
has the opportunity to purchase U.S. Goods and services. Globalization is
reciprocal--creating jobs abroad helps create jobs here. Over paying for an employee
that has low skill only hurts the consumer. Product prices rise, resulting in less value
for the consumer. There is a solution to the loss of U.S. Jobs--education and training.
By taking a low skilled worker and educating or retraining them, the worker will be
qualified for a higher paying job.

Globalization is good
Globalization is good because world can connect on an economical level and find
stability even with different cultures. Promotes products around the world and brands
allowing LEDC's to invest in products affordable for them. The competitive nature of
globalization forces companies to create a high level of quality and standards in their
products satisfying the buyer more as well.

Globalization is good for the Economy
I think that globalization is a great benefit to not only our world, but to the economy
itself. It provides us with ways to outsource our major companies to different parts of
the world, where it will decrease the amount of poverty and provide these people with
jobs. This will also result in cheaper prices for everyday items that we buy, which is
very good for us.

Bad:
It breaks the work
Globalization seems to be looked on as an unmitigated good by economists.
Unfortunately, economists seem to be guided by their badly flawed models; they miss
real-world problems. In particular, they miss the point that the world is finite. We
dont have infinite resources, or unlimited ability to handle excess pollution. So we
are setting up a solution that is at best temporary. Economists also tend to look
at results too narrowlyfrom the point of view of a business that can expand, or a
worker who has plenty of money, even though these users are not typical. In real life,
businesses are facing increased competition, and the worker may be laid off because
of greater competition. The following is a list of reasons why globalization is not
living up to what was promised, and is, in fact, a very major problem. 1.
Globalization uses up finite resources more quickly. As an example, China joined the
world trade organization in December 2001. In 2002, its coal use began rising rapidly.

Globalization is ruining the world
Even though this economic globalization has a lot of benefits, there is one specific
thing that gets me going on about why globalization is really bad for the world. This
is because of how large MNC's like Wal-Mart are using factories in China. The rooms
that the workers have are extremely small, dirty, smelly and to go along with that they
have 5 or 6 people with them in the same room. The workers are paid so little (33
cents an hour) that they can barely or even not afford food for themselves. The
workers don't have good conditions where they work and just live in hell. Also these
MNC's have more political power than some countries that are less developed. And
when these large MNC's go into less developed countries they kill the environment
around them to make large factories, that are unsafe for workers. And this is all
because of the outsourcing that is evilly used by these MNC's. They pay cheap labor,
use cheaper capitol resources and the nations they go into have loose environmental
laws. But on the other hand, because the MNC's outsourcing is cheap we have cheap
products (which I like). There is my opinion on Globalization.

Unfair treatment to workers
It's a bad process as the workers in the LEDCs are paid extremely low amount of
money, especially considering the condition they have to work in as well as the long
hours they have to work. It is clear that many of the companies employing these
workers/manufacturers have enough profit to increase the standard of living for these
people but instead they are greedy and don't, benefiting themselves in the rich
countries rather than supporting and increasing the development in the poorer
countries.


Global Economy promotes global servitude and the end of
democracy
Globalization will not benefit the ordinary citizen in the long run. It will create
over-exploitation of natural resources around the world and will encourage corporate
imperialism. Governments no longer represent the people rather the global
corporations, whose sole purpose is to create profit for themselves! There are already
countless situations of the displacement of people in various parts of the world where
governments have made agreements and pushed the locals from their lands, making
them refugees in their own countries. People have been killed by their governments
who support global exploitation. There is no consideration by the global
establishment towards the indigenous civilizations it destroys and global government
would only exacerbate the situations! There would be no democratic process, rather
decisions would be made from unelected faceless bureaucrats who would have no
sensitivity towards the various peoples in their various lands! History has proven that
human nature is greedy and corrupt and globalization will increase this a thousand
fold.