What is globalization? What is its positive and negative aspects? Does it concern all aspects of life of man?

Question

I want to know more concerning the debating issues among people and countries whether globalization has advantages or disadvantages. I hear people say that globalization has its positive and negative aspects not only in economic fields but also in political, cultural, enviromental and social factors of people's and nations' life. Please give me detailed information. And thank you in advance.

Answer 1

when u allow other countries to do business in yours,it surely creates employment in ur country,but the major profits are taken away by the other country.ur country develops,u have new industries,roads,dams etc but u become a much like a slave to the other nations as u r working for them.but if ur nation is expanding  business in other countries,u r in an advantageous position.look at the developing countries(yes i live in one of them),what's happening to them is quite pathetic.even politically,the advanced countries are controlling them,forcing them to sign deals,or else they would not be a part of  some particular international community.i dont know whether i have properly answered ur query or not,but i just expressed my feelings about the issue.

Answer 2

We are heading towards a world society of two groups, The rich and pesants. The rich no longer need a middle class for the most part. A new dark age we decend into

Answer 3

Globalization is making the world one big, boring shopping mall. You can travel from Bangkok to Brussels and not find a decent locally-made souvenier. It's all c**p from China.

A Yahoo! member recently wrote me about how nothing authentic remains in England. There used to be charming pubs on every corner, with long traditions and a local flavor. Now they are all mass-marketed chains, bland, and predictable. Is this what we want? Nothing unique left in the world? I was just in Dubai (part of the United Arab Emirates), and the stores were practically the same as those in the Europe.

Globalization also seems to hurt the poor, indigenous populations the most. The poor in places like Peru have not benefitted from capitalism. If anything, they have become largely landless and without any means of making money in the new economy.

Why do people hate McDonalds? Because they prey on peoples' worst tendencies: convenience over substance, predictability over innovation. McDonalds often acts like a vulture. It targets properties that have financial problems, and snatches them up, replacing the original use of a beautiful, historic building with their garish plastic nightmare. In places like Paris, people still have leisurely lunches, but as the temptation grows for French companies to squeeze more work out of their employees, those respectable lunches may be shortened as employers point out that they can eat fast food.

Let's stick with examples from France. One thing the French excel at is producing relatively small quantities of a product with very high quality. In the globalized market, these companies cannot compete. A small, private French dairy making high quality cheeses has far greater costs than some massive dairy corporation in Argentina. With globalization, the distributors can't be bothered to stock these small quantities, so no matter where you travel, you always get the same mass-marketed products.