Globalization

Sam Kenobi · **Mon Nov 15, 2004 3:11 pm Globalization**

Globalization is the integration of separate, national economies into a larger, global economy.

What do you think? Is globalization good or bad for mankind as a whole?

I had to do a panel discussion on globalization in my soc class and took the con side, that's it's bad for society, so I'll take it here to. Globalization is bad, as it creates standards-lowering competition, condones monopolies and mergers, and widens the margain gap between the rich and the poor.

Hitchhiker · **Mon Nov 15, 2004 4:26 pm**

I think that having a larger global economy is better for the world itself, since we are focusing beyond our nationalism and extending it on the world stage.

But I agree that economically, globalization is unfair to any but the rich countries. It just increases the gap between not only rich and poor, but developed and developing countries, in a truly vicious cycle.

Sam Kenobi · **Mon Nov 15, 2004 5:21 pm**

and there is an alternative to globalization: that's internationalization. Basically, internationalization recognizes, along with globalization, that the world is moving into and has a need for relations among countries. HOwever, instead of trading capital like globalization, internationalization trades ideas, knowledge, arts, and travel.

Link, the Hero of Time · **Mon Nov 15, 2004 5:31 pm**

Globalization in any form is bad.

Though it is good for companies to spread out, not everyone believes business should be done the same way. Companies change hands more then loose change, and with that change cames new ideas and the removal of old ideas and usually the thousands of employees that worked on that idea. Then closing of "unneeded plants" to pave the way for revolutionary ideas that will be dumped the next time the company changes hands again, along with the removal of more employees.

The you have Corporate takeovers which do the same as the changing of CEO's. More people get fired. Ideas get intermingled and hardly work out. Corporations start stealing ideas from each other to stay on top.

On top of that, globalization would do more explotation of the poorer classes and the rich would superceed all else. Inflation would most likely occur making it a physical inablity for the poorer classes to buy their necessities of life.

Inflation reaches it's peak, and everything crashes. Another Great Depression. This time due to globalization it takes out much more then the US. Corporations then fight to try and maintain their superiority.