Tuesday, October 5, 2010

What is Globalization?

Globalization is the process of the world coming together in an "expansion of global linkages" through the exchange of goods, technology, culture, and ideas. The most important motive behind the nations and companies that drive globalization is the capitalist strive to increase profit. While profit alone is not a morally justifiable goal, it is a strong incentive that leads billions of dollars to be invested in poor nations, which increases their well-being and provides them with better access to food, medicine, products, and services that they would be unable to obtain on their own. This lowers the infant-mortality rate and raises the average lifespan of a population and ultimately saves millions of lives every year. People that used to be excluded from the world are now able to communicate with other nations and trade their resources and labor. Throughout most of history, nations had a limited amount of trading partners based on who is geographically closest, while all other nations were too far to reach. This enabled these few nations to gain the benefits of trade and develop far more technological advantages than the nations which were excluded from this process. Today, almost all nations of the world can communicate with each other through technologies like the internet and cell phones, while the remaining less-developed countries are expected to catch-up.

Works Cited:
Lechner, Frank. The Globalization Website: What is Globalization?. The Globalization Website, 2000. http://www.sociology.emory.edu/globalization/issues01.html. 5 October 2010. Web.

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