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  • 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 wouldn’t be possible without globalization, because the other countries wouldn’t know about it or they just don’t care about all the other countries. It’s 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 don’t work against each other anymore; they help each other to find a way to solve a problem. Because we share new technology, it’s easier to use that technology and develop new products.

  • Keeps the money where it belongs

    Its keeps the money in the hands of the rich. Keep the poor people poor. They deserve it. The rich earned it they get to keep it. Have the poor people work in the cotton fields like it was in the good old days. Let the south secede and make the confederate states

  • Economic Globalization is good.

    While some may argue that economic globalization has led to human rights abuses and income inequality across the world, it is fundamentally a good thing. Economic globalization forces us to examine which countries have a comparative advantage in one type of resource extraction and production. This allows us to more efficiently use the resources at our disposal. It reduces costly labor hours by allowing us to specialize in certain products. The negative side-effects of human rights and environmental issues are not a necessary byproduct of economic globalization. We have seen examples of legislation that allow countries to exchange goods in non-exploitative ways. I would encourage further economic globalization, with a focus on regulating trade practices to ensure more equitable distribution of capital.

  • it is good for the world, because it helps keep order and fairness between all people.

    Economic globalization is good for the world. It enables every country to be united and work together, from all over the world. When one country works alone, it can not accomplish nearly as much as it is when united with multiple nations. When one nation is weak, the other will be able to come to its aid.

    Posted by: 5himGeneraI
  • Yes, economic globalization is good for the world, because it provides equalization of standards of living.

    Economic globalization would be good for the world. I believe this would lead to economic prosperity throughout the globe, which would lead to more economic equality. This rising standard of living will go far to prevent civil unrest, which will in turn lead to a more peaceful and healthy populace.

    Posted by: IincoAdam
  • Good or bad????

    It could be both. It mean it how money travel around the world and how imports for a car truck or even a tractor part come in To different parts of the world. It just put together in the country it says. Its more good than bad if you think about it and you know what in means :)

  • Keeps the money where it belongs

    Its keeps the money in the hands of the rich. Keep the poor people poor. They deserve it. The rich earned it they get to keep it. Have the poor people work in the cotton fields like it was in the good old days. Let the south secede and make the confederate states

  • Globalization is Beneficial to the Economy Because...

    The economic virtues that globalization bring about are enough to secure a triumph over isolated ways. The globe is a massive commerce market, a free market dictated by supply and demand (capitalism). The main theme of capitalism is not to interfere with the markets, and let demand dictate supply, and therefore what profits will be made - the market reacts with demand. This leads to self-pursuit of wealth, and less government intervention, which would spur economic growth. With this being said, there is a place for government surveillance, or regulatory body self-governance, even within globalization - by ensuring fair trade, ensuring the quality of the goods, and helping prevent monopolies. A strong example of the economic benefits that globalization can bring can be seen within the coffee industry. Coffee is mainly grown in developing countries and is a large contributor to their economy and prosperity. Without the global distribution of coffee, many developing countries would lose a significant source of income. The intervention of regulatory bodies (similar to government involvement), such as the Fair Trade organization, has proven to be beneficial in bringing in fairness in this large global operation. In the past, much of the profit from coffee sales would end up in the hands of middlemen and greedy corporate owners. With the introduction of fair trade, coffee profits are distributed more fairly to the farmers, regardless of market forces. Fair trade practice is good for the environment, and the coffees social and economic welfare. Organizations that pursue 'green' practice promote sustainability and stewardship of the air, water and land.

  • No 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 don’t 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 narrowly–from 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

  • It is soooo fucking good...

    Race to the Bottom From a microeconomic point of view, globalization is good because it allows a wealthy country access to the cheaper labor of a "poor" country owing to the workers of the latter country being oppressed in ways that would be unlawful in the former. To microeconomics, this is a good thing because cheaper is better, period. Microeconomists call this "efficiency," or "comparative advantage. However, microeconomics ignores the long-term effects of this practice. Which is to devalue labor in the former country. In effect, it's an end run around the laws in the wealthy country that protect workers from abuse. The trade in the fruits of oppression, as opposed to being the oppressors, is little different than trading in the fruits of theft, rather than being the thief. Absolute freedom to trade with whomever we like necessarily means that we are free to trade in stolen goods. Is this what we want? I think not.

  • No 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 don’t 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 narrowly–from 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

  • No, 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 Walmart 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.

  • Fair trade or free trade?

    I don't 100 percent think globalization is bad I just think that it hurts the of the free trade transnational companies who work long hours and get paid like less the 25 cents a day. Its not fair to them. But then theres the good side which offers fair trade with makes sure that the workers get paid a fair amount and dont work long hours. Globalization also is bad for the local small town businesses. Im more for the side that globalization is bad for us.

  • A Destroyed Culture

    As a First Nations person, my views on globalization are very negative. Although many people are rich and wealthy because of globalization, others had to suffer. Native peoples have been suffering because of globalization. In Canada, some of the reserves' conditions are alike the conditions in developing countries. If Canada is so prosperous, why can't the people who originally lived here, afford health care, education or housing? We were perfectly fine before "Whiteman" came.

  • Economic globalization is bad

    Economic globalization leads to the down fall of countries economies. According to the European Free trade agreement the countries who join have their currencies weighed with the others so it widens the gap between the rich and the poor. The poor countries will become poorer while the rich gain more because they are worth more therefore buying from the poor because its cheaper and it puts the poor into crisis because they cannot meet the demand or cost of producing the products.

  • We are becoming slaves to money.

    Developed countries are just developing even more, rich are getting richer and poor are getting poorer. Greed is overwhelming and no one is taking care of weak people. Globalization is not creating unity but rather inequality. The whole world is being westernized and brainwashed by idea of capitalism. We are becoming slaves to money and thinking only as consumers, all other values are being dismissed.

  • I don´t think so

    Globalization is not good in the sense that if the number of people in the world increases employment opportunities will be fewer and more poverty and more mouths to feed and the more people spent more ecological resources, more schools were needed in addition to the children and more employment.

  • Race to the Bottom

    From a microeconomic point of view, globalization is good because it allows a wealthy country access to the cheaper labor of a "poor" country owing to the workers of the latter country being oppressed in ways that would be unlawful in the former. To microeconomics, this is a good thing because cheaper is better, period. Microeconomists call this "efficiency," or "comparative advantage. However, microeconomics ignores the long-term effects of this practice. which is to devalue labor in the former country. In effect, it's an end run around the laws in the wealthy country that protect workers from abuse. The trade in the fruits of oppression, as opposed to being the oppressors, is little different than trading in the fruits of theft, rather than being the thief. Absolute freedom to trade with whomever we like necessarily means that we are free to trade in stolen goods. Is this what we want? I think not.

    The first (unsubstantiated) assertion of free-lunch-traders is that "there is no reason that political boundaries have to be economic boundaries." False. Economics the study of commerce. Commerce is the exchange of property. Property is a set of rights. Rights are political. Therefore, political boundaries ARE economic boundaries. Abridging those boundaries results in a deflationary spiral, with the "sick" countries infecting the healthy ones. It's like a bilateral transfusion between a sick and healthy person - the sick person gains nothing, but the healthy person becomes sick. Bad, bad idea.

  • 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.


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Anonymous says2013-02-14T03:18:29.070
I think is good because it helps countries and people from poor communities because it help people sharing what they know, their skills, their culture and their way of doing things. And also it helps people sharing resources that they don't have in their countries such as food, water, electronic devices and other tings.
Anonymous says2013-02-14T03:29:10.387
Yes because globalization helps countries, people or indigenous communities to know how people do different things in other countries such as skills, way of making food, culture and their way of dressing. Also it helps people trading resources that they don't have such as food, clothing and electronic devices to help other countries or communities.