Contemporary Globalization - Research Paper Example

Globalization Introduction Contemporary globalization refers to the recent phase of the long process that has altered the world’s system by providing countries with new means to interact, engage in business and communicate with one another. It allows countries to develop close trade relations with other countries across borders and regions. The effects of contemporary globalization are inevitable, and currently all the countries around the globe are experiencing the strong effects of globalization in various ways. Consequently, Nigeria is also witnessing revolutionary changes in a number of her affairs due to the growing globalization trend. In the book, Tropic of Chaos, the author, Christian Parenti talks about the core issues and critical problems associated with the harsh environment of East Africa, ‎US borders and mountain region located in Afghanistan, as well as the political turmoil with reference to Rio De Janeiro slums. The book presents quite a compelling description of the bloody war and political turmoil faced by the regions under discussion. This historical analytical account provides insight on episodes of terror and transformation through ‎fact-based knowledge in support of the new worlds where there could be melting glaciers meet beautiful rivers and ‎abundance of refreshing green grass. The author portrays a realistic for the readers that are ‎basically outside of the privileged US class. Parenti’s hardnosed journalism describes the issues ‎related to climate change from a personal perspective and divulges the discussion of the issues that were not explored so deeply by any other writer in such a detailed and analytical manner (Parenti 154). Globalization Impact in Nigeria Globalization has impacted both positively and negatively on society and corporations, in which the negative impacts have hindered realization of human dignity and moral values (Nwaogaidu 9). A person’s confirmation of human dignity is influenced by the realization of moral development and its negative causes, and this is what drives an individual to seek achievement a world where an individual’s dignity is entirely valued. The poor in Nigeria thought that because of belonging to a certain ethnic group, a particular neighborhood, or a particular background of education, they were weak to stand up against their poverty. Subsequently, it was a question of whether the poverty was due to overpopulation or vice versa, or individuals became poor because of bearing too many children, or they had created large numbers of responsibilities on their own that they could not manage (Williams 145). Governance and politics also contributed to the social troubles of poverty, particularly in African countries where corruption and bribery were rampant. Likewise, the previous election in Nigeria was rigged and completely won by the current government through bribery and corruption, and these elements restricted people’s democracy and the right to choose their preferred leaders (Falola and Salm 11). As a result, leaders from developed nations and financial institutions such as the IMF and the World Bank must force leaders of developing nations, particularly those in Africa to fight poverty in their countries. This is done by utilizing the revenue got from the mineral to cater for the requirements and needs of their citizens. The importance of this study might offer insight into the history of global poverty marked by the breakdown of productive systems in the world, which is developing every now and then. This global poverty initially began in developing nations and has expanded its grip to all the important areas of the world (Williams 147). From Africa, Asia and Latin America, the climate wars era have started whereby extreme weather is covering banditry, as well as failure of the nation and humanitarian crisis. In Tropic such as Chaos, fact-finding journalist, Christian Parenti goes along the front lines of this collecting catastrophe--the belt of politically and economically decrepit postcolonial states and areas of war building up the multitudes of planet. The author also discovers failed nations amid the disasters of climate (Alladi et al, 334). However, he also exposes the unsettling comportment of forces of Western military and defines how they observe a choice in the crisis to brace oneself for open-ended global pacification. Parenti points out that this disturbing "climate fascism"--a political consolidating of wealthy nations-- is a leap to fail. Moreover, the struggling nations of this world may not be able to give way as they will also bring some other states down. Rather, everyone should work to meet the dispute of the violence of the climate-driven with an entirely changing set of sustainable development and economic policies. As temperatures starts to increase, climate change is more and more expressing itself in human politics by too much violence, spreading state failure and social breakdown; applauded war correspondent Christian Parenti studies from the frontlines of a new age about the wars of climate. As the temperatures starts to increase, droughts intensify, glaciers melt, extreme weather results in more dominant effects. The front lines of the disaster are that restraint of politically and economically battered post-colonial nations girding the planets mid-latitudes. Already the European and Pentagon allies are making a plan of a militarized adjustment for this new world (Parenti 155). Economic Issues The factors that affect economic development and growth of a country as emphasized is that the meters of a country’s stability and growth are dependent on various factors of economics such as inflation, GDP, financial viability, public debt, net international reserves, and level of unemployment in the country. Globalization can be explained in different ways because it means many things to many countries and people. Globalization in this world was economic globalization or global economic integration, which denoted the procedure by which an enhancing share of the activity of economics in the world is going on among individuals from many nations rather than in a country. Therefore, it covered international trade (imports and exports), foreign direct investment where an organization or a person in one nation owned or managed an organization in some other country, portfolio investments—the sale of bonds, stocks, and some other instruments of finance to buyers in any other nation—and immigration. It also happened as an outcome of improvements in technology and reduced the costs of transportation, and was partially because of a deliberate selection by several national governments to improve their integration with the global economy. Therefore, globalization was a total result that resulted from the selection of several people and nations to get better integration with the global economy (Williams 146). Globalization has taken place as evident in some great technologies, perverted machineries that make life simple for humans. Individuals are pulled to live from hand to mouth as they employ their salaries to purchase these so called newly invented machineries or any other items. The cause they do this is just because no one wishes to be left alone. Everybody wants to go with “the flow”. No one wishes to feel or be seen as out-of-date. The progress in technology has not only interfered with the physical atmosphere from emission of carbon dioxide but also, it has given rise to varied temperature thus causing Global Warming. Pollution is the next big product of globalization. With globalization, our water, soil and air have been polluted, and this results in a genetic effect on people. That is when a gene is changed it alters the physiology of the person leading to changed enzyme, which causes destructive diseases like Alzheimer’s, brain dysfunction. Polluted water is quite harmful because a person can either get cholera or typhoid. Though globalization has been considered good because it has aided the development in the developing countries, which has made the human life quite simple, its effects outweighs the gain (Williams 147). East African Conflict System The conflict system of East Africa is an evolving and specific political economy of force that links pastoralists, organized crime, militias, markets, political elites and changing climatological patterns. The evolution of history shows elements of the catastrophic intersection that is also called the imbrications of neoliberal reconstruction of economic and Cold War militarism with some of the hard effects of global warming (Alladi et al, 334). The impacts of economic globalization on the development and sustainability of the economy of Nigeria in different ways had endured from inequality of economic, inadequate development and a massive social underclass. The problem of research addressed the effects of macroeconomics and globalization policies on employment, poverty trends, and gender inequality trends in Nigeria. The aim of this study was to define whether poverty, inequality, and unemployment in Nigeria might be consequences of globalization. The important research questions covered all the causes for high unemployment rate, inequality, and poverty in Nigeria. Findings from this study showed that globalization has entirely affected Nigerias economic growth by the rejection of global foreign direct investment. These outcomes entail that the prevailing country’s policies of economic require to be altered if the troubles of unemployment, inequality, and poverty are to be resolved. Social changes will outcome when political leaders respond and respect the requirements of the Nigerian citizens by managing governmental economic reform and enforcing some new programs that will ascertain citizens’ access to better health, opportunities and education for success (Williams 146). As most of the same policies are acted out all around Europe, the change in climate is only admitted as a technical challenge—an aim that the author strictly criticized. He said that this is a wrong perception that the climate crisis is a technical issue. He also asserts that climate issue is not either a financial problem, but according to his stance, it is a political problem (Parenti, 156). Noting the troubles of violence in front of women and harsh system of warfare, which also bring hold in failed nations, Parenti settles the remedy to the trouble of change in climate, in quick atmospheric reconstituting of the industrialization process where there must be a strict check on the fossil fuels (Parenti 156). Simply, the failed nation scene of globalized defense would just be a reassertion of the elite’s structure of power. Global organization and solidarity are essential to fight against ecological damages, making no solid reason for urge, capture a nation’s power and every resource by using all possible measures. These things are entirely used while explaining the issues in a detailed manner. Parenti never intended to mingle or mess up all the elements with the Deep Ecology sphere. The book could be sought as an example that expressed the thinking of Parenti, and also demonstrated his key points and concerns to the reader that there lies a major and huge difference between compromise and solidarity, along which they will dominate while cooperating with each other and then concluding, they will go wrong alone. The last sentence used by Parenti throws light on truth (Parenti 156). Conclusion While discussing the principle issues and points presented in the book by Parenti, one has to manage the matters with justification as a supervisor. It may be seen that Globalization has produced an excellent impact on the life of peoples. A person would then conclude that culture is a single strong tool for the survival of human, even if in today’s world it is said to be forever varying and simply lost as it exists just in the minds of everyone. Work Cited Alladi, Sudhir, Ronald, Kassimir, V. and Social Science Research Council (U.S.) collaborative Research Network on Youth and Globalization. Youth, Globalization, and the Law. London: Stanford University Press, 2007. Print. Falola, Toyin and Salm, Steven. Globalization and urbanization in Africa. London: Africa World Press, 2004. Print. Nwaogaidu, Chidubem. Globalization and Social Inequality: An Empirical Study of Nigerian Society. Nigeria: LIT Verlag Münster, 2013. Print. Parenti, Christian. Tropic of Chaos: Climate Change and the New Geography of Violence. London: Nation Books, 2011. Print. Williams, Lizzie. Nigeria. NY: Bradt Travel Guides, 2012. Print. Read More