Globalisation

Discussion in 'Business & Economics' started by Sorcerer, Mar 16, 2014.

  1. Sorcerer Put a Spell on you Registered Senior Member

    Messages:
    856
    http://en.wikipedia.org/wiki/Globalization

    Quote:

    "Globalization (or globalisation) is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.[1][2] Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities.[3]

    Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE.[4][5] In the late 19th century and early 20th century, the connectedness of the world's economies and cultures grew very quickly.

    The term globalization has been increasing use since the mid-1980s and especially since the mid-1990s.[6] In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge.[7] Further, environmental challenges such as climate change, cross-boundary water, air pollution, and over-fishing of the ocean are linked with globalization.[8] Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment."


    Good or bad? For Whom? Winners and losers?
     
  2. Google AdSense Guest Advertisement



    to hide all adverts.
  3. cosmictraveler Be kind to yourself always. Valued Senior Member

    Messages:
    33,264
    It seems good for those who are already first world countries and perhaps second world countries to a certain degree but third and fourth world countries are suffering and will continue to.
     
  4. Google AdSense Guest Advertisement



    to hide all adverts.
  5. Fraggle Rocker Staff Member

    Messages:
    24,690
    Yes, it's bad for the countries but it's good for the people. Post-industrial communication technology (cellphones, the internet) has made it much easier for people to simply escape from the despotic regimes that are the cause of their destitution. (The developed nations have an enormous food surplus which we ship to the poor nations, but their rulers hijack it on the docks, sell it on the black market, and use the money to buy Hummers, champagne, hookers, Swiss villas and weapons to make war on the despot in the next country.)

    Electronic technology enables disadvantaged people to:
    • Communicate with each other and find out what's going on outside their village
    • Find out which countries have a labor shortage and will welcome them as gastarbeiters or even immigrants
    • Find the safest and cheapest way to get to those countries
    • Find trustworthy countrymen who will help them get out for a reasonable helper's fee.
    Never forget: The single element in a person's life that has the greatest control over how safe and prosperous his life will be is: the country he lives in.

    This is why people from Honduras, Cambodia and Niger are happy to come to America and take the jobs our own children won't do: picking corn, plucking chickens and hanging drywall. It's a better life than the one they had. Not to mention, they're actually carrying their weight and contributing to the economy, instead of eating food provided by a charity.

    Everybody wins with globalization. Well, everybody but the despots.

    Please Register or Log in to view the hidden image!

     
  6. Google AdSense Guest Advertisement



    to hide all adverts.
  7. cosmictraveler Be kind to yourself always. Valued Senior Member

    Messages:
    33,264
  8. The Marquis Only want the best for Nigel Valued Senior Member

    Messages:
    2,562
    Which, incidentally, is something which helps prevent globalisation more than anything else.
    It is fairly difficult to discuss globaliisation without considering and addressing overpopulation.
     
  9. wellwisher Banned Banned

    Messages:
    5,160
    Globalization was traditionally done via the building of empires. The British Empire, as an example, brought a common first world language, law, and culture to a wide range of the world's countries and population. Because this form of globalization is based on centralized power and possessions, there was an incentive to upgrade the colonies, since that made the empire a better empire; fed people are more content than hungry people.

    The modern approach still uses the "what is in it for me approach", but with too many chefs in the kitchen, pulling the colonies (so to speak) into ways that are often at cross purposes with each other.

    The British Empire was a textbook case for the natural way for globalization, before there were too many mercenary experts. It built up the colonies into countries, which eventually reach a level of comfort and sophistication, where the people want abstract things like liberty. Now we welcome them to the first and second worlds.

    Based on this template, you allow first world counties to conquerer, third and forth world countries. You exploit this, initially, to cover the costs plus 10%, modernizing the country for colonial reasons. When the abstract stage of need appears, we set them free and welcome them to the future. If they pay their tab in exploitation, they learn to become independent.
     
  10. Fraggle Rocker Staff Member

    Messages:
    24,690
    The rate of population increase worldwide has been falling steadily since the 1980s. It is universally predicted to drop below replacement level around the end of this century. It turns out that prosperity is the best contraceptive.

    At this point we will discover whether an unwritten rule of economics, that has been taken for granted without discussion since Adam Smith, is really true: Is a steadily increasing supply of producers and consumers the engine that drives prosperity?
     
  11. coalikesindesi Registered Member

    Messages:
    7
    Er... so you hate the Internet and all of its applications, being able to get fruits all year round (not just temperate ones like apples and strawberries), access to foreign foods, etc?

    Globalisation is an inevitability of humanity, and like it or not it has been in place for centuries. So next time you eat a peanut butter sandwich, realise groundnuts aren't native to North America or Europe...

    Please Register or Log in to view the hidden image!

     
  12. joepistole Deacon Blues Valued Senior Member

    Messages:
    22,910
    You are describing mercantilism and imperialism, not globalization - damn facts again!

    Please Register or Log in to view the hidden image!

    You know Wellwisher, it helps to have some understanding of the subject matter you are trying to teach others...just saying.

    Please Register or Log in to view the hidden image!



    Globalization as the term is used today, describes the integration of world economies through trade. It's Adam Smith's, The Wealth of Nations, in action. It has nothing to do with mercantilism or imperialism.

    Globalization:
    : the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets http://www.merriam-webster.com/dictionary/globalization
     
    Last edited: Apr 24, 2014

Share This Page