Nina Sheena L.

So MT-1C Assignment #4
Globalization and its ethical challenges

Globalization has changed the world from a series of distinct cultures that rarely intersect
to an overlapping culture of destiny. Thus, cultures all over the world today live in what is
basically a public space, although segregated into artificial political condominiums known as
nation-states. The line between the global and the local becomes increasingly blurred as
countries, peoples, and societies across the world become more economically, socially, and
politically linked, and activities and acts in one location have the ability to have transnational and
transgenerational implications. The division of the world into territorially bounded societies, on
the other hand, is increasingly deteriorating as the intensification of transnational interactions
brought about by globalizing powers and mechanisms opens up new ways of solidarity and
obligations. With the growing understanding that apparently harmless acts can have
generational implications, it is critical that we continue to focus on our spiritual responsibilities
and commitments in a globalizing world.

Traditional economic understandings are evolving. For others, the current economic
paradigm involves being able to make global improvements while minimizing labor costs and
maximizing earnings. Government structures must now respond to a "modern world order."
Conventional states are becoming more vulnerable in the face of transnational negotiations and
fluid finance.

These are only a handful of the new ethical challenges that corporations face as they compete
through complex cultural and legal systems in labor standards, marketing policies, the economy,
corruption, and human rights.
a. Labor standards- Companies in developing markets started relocating manufacturing
facilities and contracting in developing economies to reduce labor costs in the 1960s and
1970s. Offshoring increased the number of moral quandaries in the sweatshop problem.
Some claim that sweatshops breach the duties of justice because the organization
provides reduced wages and working conditions for the same kind of job to workers in
the host country. Child labor is a particularly sensitive topic in such discussions.
However, in some developing markets, child labour is normal and often necessary for
the child's survival. Other quandaries include disparities in occupational safety
requirements.
b. Environmental standards- Technological advancement has resulted in an unprecedented
increase in human capacity to change the environment. Although this has many
advantages, it also poses a host of quandaries over the utilization of natural resources in
communities with lax environmental legislation.
c. Human Rights
d. Cultural Diversity- Traditional values may be lost as a result of homogenizing trends
brought about by internationally interconnected manufacturing systems. Some degree of
change is unavoidable, and particular local practices may not be protected if they breach
critical minimum global norms.

Certainly, technological advances and the emergence of sophisticated markets have

increased the affinity between different global societies, allowing for rapid transportation of
people and information.
Globalization's ethical challenge necessitates a radical shift in values, with an emphasis on
human security, prosperity, and economic justice. And all of us must contribute to the creation of
a more caring, humane, and peaceful world by thinking internationally and working collectively.
Human progress does not occur while we wait for someone to respond. Human welfare will not
be ensured if we want to expect that anyone else will come up. Instead, change continues as
each of them begins to think internationally and leads to the abolition of poverty and inequality.
We should act with compassion, be more humane, and live in peace. Globalization could be an
engine for growth and great benefit to all groups if guided with some attempt at fairness.

References

Ast, F. (2018, November 05). The moral dilemmas of global business. Retrieved May 21, 2021, from
https://www.intechopen.com/books/globalization/the-moral-dilemmas-of-global-business

Dani Rodrik | April 24, 2. (n.d.). Globalization and poverty - global poverty rates. Retrieved May 21,
2021, from https://www.americasquarterly.org/fulltextarticle/global-poverty-amid-global-plenty-
getting-globalization-right/

Ehrenfeld, D. (2012, April 08). Ethical dilemmas of globalization. Retrieved May 21, 2021, from
https://ethicalfocus.org/ethical-dilemmas-of-globalization/