Globalization has generated more problems than benefits for society - Research Paper Example

Comments (0) Cite this document
Summary
Globalization Introduction Without any doubts, globalization and its effects are evident in all lifestyles. Before the start of the twentieth century, the public opinion about globalization was that it is something concerning only the elite in the society…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.7% of users find it useful
Globalization has generated more problems than benefits for society
Read TextPreview

Extract of sample
"Globalization has generated more problems than benefits for society"

Download file to see previous pages However, in this process, the world is losing many of its cultures (Thirlwall & Penelope, pp. 320-322, 2008). Quite understandably, countries with greater economic power are destroying and suppressing other cultures. Furthermore, with the development and progress, that globalization has given to the world; people are increasingly becoming ignorant of the social, moral, and ethical values, which once were the important part of our lives. After this brief introduction, the rest of the paper will try to explore the side effects, disadvantages, or harms of globalization. Discussion Proponents of globalization believe that globalization has given great development and progress to the world including the improvement in the quality of the lives of people and their incomes. However, the truth is that much of this development has been irregular, biased, or skewed. There are still many parts in the world, which are deprived of the basic needs and resources. More than 80 percent of the world’s resources rest with the 20 percent of people in the world. If globalization has done anything, that would be the unequal distribution of wealth and increasing the gap between rich and poor (Eriksen, pp. 27-28, 2007). Furthermore, also important here is to note the fact that the costs which the world has paid for this economic development are huge. More than 80 percent of the world’s forests are no longer there. We have lost billions of animals and plant species. The humans have destroyed the ozone, triggered global warming and all these continue. When we leave this planet for our children, it would be much worse than what we had received from our parents and globalization is to blame for this (Scholte, pp. 158-159, 2008). With globalization and increasing disparities of income, there are chances that these may lead to more and more military conflicts in the world. In fact, they have already led the world into many wars. With the rise of eastern and Asian countries such as China, Japan, Malaysia, India and others, the west is feeling the heat for the competition of the world’s resources. There are all the chances that this competition may lead to conflicts and tensions between countries (Steger, pp. 146, 2009). It is also important to note that globalization is quickly forcing us towards the end of individuality. With one global village and suppression of local cultures, we are moving towards the world where there would be only one color left in the world. Standardization has become the order of the day. Despite the fact that globalization started with creativity and innovation but it appears that now it leading us to stagnation of creativity and ideas (Thirlwall & Penelope, pp. 320-322, 2008). One of the biggest blows that the world received due to globalization was in the form of the recent financial crisis. This financial crisis started in the United States due to mishaps in the accounting practices of a few banks and financial institutions, bursting of the housing bubble, unrealistic credit policies, bankruptcy of Lehman Brothers, liquidity crisis and other reasons, but it affected almost every country in the world. This is because of the fact that with exports, imports, stock exchanges, foreign direct investments, bonds and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Globalization has generated more problems than benefits for society Research Paper”, n.d.)
Retrieved from https://studentshare.org/english/1429967-globalization-has-generated-more-problems-than
(Globalization Has Generated More Problems Than Benefits for Society Research Paper)
https://studentshare.org/english/1429967-globalization-has-generated-more-problems-than.
“Globalization Has Generated More Problems Than Benefits for Society Research Paper”, n.d. https://studentshare.org/english/1429967-globalization-has-generated-more-problems-than.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Globalization and Modern Society
...?Globalization and Modern Society Despite the ideological platitudes of the twentieth century, it is quite possible that Marx’s economic claims and predictions were right. This is not to say that everything he wrote came true exactly; it is to say that in a broad sense much of what he said to be historically determined has in fact turned out to be the case. Marx saw history as an unfolding process of growth and development in which one form of political economy gave way to another. Thus in ancient times, there was slave-based economy. Then there was feudal serfdom. Thereafter came the rise of industry and capitalism, typified by the 1789 French Revolution. In each stage one socio-economic class gave way to the other. Today we live... and it...
3 Pages(750 words)Essay
Globalization is worldwide global economic has generated more problem them benefits for society
...?Topic:  Globalization is worldwide global economic has generated more problem them benefits for society. Introduction Globalization is a process which took over the world by the end of 1990s and it changed the global image of many countries including the super power America. The main reason behind globalization was the innovation in the field of Information technology. The globalization and innovation in the Information technology field increased investment prospects for U.S.The elaborate use of IT in the U.S. economy and its acceptance throughout world accelerated the globalization of the world economy. This enhanced the job creation, living standard of people and productivity growth of the country .Globalization brought about... ...
6 Pages(1500 words)Research Paper
Legalizing Medical Marijuana Will Have More Benefits to Society than Disadvantages
...? Legalizing Medical Marijuana will have more Benefits to Society than Disadvantages al Affiliation) Introduction Marijuana is a subject that has stirred, generated and dominated debates around the world for a very long time. It divides opinion everywhere, and its use is popular as it is unpopular. In some parts of the world, users are ridiculed and shunned, while in other parts they feel vindicated in their use of the drug, demonstrating a sense of comfort and a lack of guilt because it forms part of their societal fabric. In this paper I will employ the theories of cultural relativism and ethical subjectivism to discuss the issue of...
3 Pages(750 words)Essay
War: More Benefits than Destruction for Athens
...Did war bring more benefits or more harm politically,socially,intellectually to golden age Athens? Generally, war has always been deemed as destructive to any civilization but Greece took an exception in a way because it initially benefited from war by using the war funds (through the Delian league of which it dominated) against the Persians to build herself. As it turned out, it was no longer the Persians that threatens Greece but rather Sparta which defeated her and Macedonia which conquered her. War eventually took its toll on Greece in the end when the Peloponnesian War erupted that defeated Greece and ending her Golden Age. Until...
3 Pages(750 words)Research Paper
Globalization and the Society
...to benefit from the joining of forces between nations as they no longer have depend solely on their own means for survival (Leong & Leog Ho, 2009). Globalization has allowed for nations to work together for the betterment of their societies. However, there are a number of negative aspects that can be found as well as globalization has also led to the absorption of cultures and beliefs of some societies as the western societies in particular have largely influenced the perspectives of other nations with the youth of these countries discarding their own traditions for the more the modern...
5 Pages(1250 words)Essay
Personal Happiness: More than Money
...Personal Happiness: More than Money THE OF YOUR SCHOOL OR Personal Happiness: More than Money All humanswant to live happy lives. In their search to find that happiness, many wrongly believe that money is the answer to the quest for contentment. After all, they reason, enough money can ensure that most problems are taken care of, while it provides plenty of toys for recreational occupation. To actually equate happiness with money, however, is nave and simplistic. The notion of personal happiness surely must extend beyond a single dimension; and indeed it does. Human beings are complex creatures, and their happiness is not derived from a single...
2 Pages(500 words)Essay
Benefits of Globalization
...the situation arises takes the major benefits. This can be clearly explained by saying that planning ahead is the best thing to do. If an organization has already planned how will they cope up with globalization then they can easily extract the benefits. In the same way organizations that do not plan from before are unable to take benefits from globalization. Organizations tend to get more active and competitive in result of globalization due to the fact that newer and better firms enter the market. At this situation an organization cannot relax with the idea of brand loyalty, as people tend to change...
4 Pages(1000 words)Essay
Problems in Society - Sociology
...when they affect a large proportion of the society. Hence, if the problem affects an individual but not the majority of population, there is little probability that it will be defined as a social problem. Drug abuse is one of the most serious social problems affecting the society. Throughout the world, people consume all sorts of chemicals that affect their bodies. For example, they drink large amounts of liquor; which can lead to another major problem with alcoholism, and it can be seen as a social problem because it increases the risks of committing a crime, such as rape, child abuse, and assaults. Moreover, smoking...
1 Pages(250 words)Essay
Your More Than A Label
...You Are More Than A Label The effects of such labels on these kids and people in general are all but positive. When people start to label children ina certain way, at first, children develop unease and irritation with the label. The label bothers them. They get irritated when someone calls them by the label. Some children tend to remain reserved and are thus gradually pushed into social exclusion. Other children that are labeled indulge in fights and abuse with the offenders. The child does not have a healthy environment to grow and develop in psychologically and emotionally. The effects penetrate to the family of the children and the parents are particularly concerned and worried. In an...
2 Pages(500 words)Essay
Living more than once
...Nahar Alqahtani Prof. CORE – 110\115 -Summer II Topic: Living More Than Once Reading is the most effective way of learning in life because it makes one think wisely and vividly about the topic that one is reading about. Often, after reading a book an individual develops new perspectives about life and the process of thinking undergoes a marked change. One gives up rigidity of approach and becomes open and receptive to new ideas. I am not choosy about a particular aspect of literature and possess general interest in all genres like historical novels, drama, satire, comics, humor etc. I like to switch over the genres, and would not like to read two or more books of the same...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Globalization has generated more problems than benefits for society for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us