StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Politics of Globalization: Gainers and Losers - Essay Example

Comments (0) Cite this document
Summary
The writer of the present essay "Politics of Globalization: Gainers and Losers" would discuss the effects of the global economic recession and globalization have had on European households in comparison to the US households. The essay would argue the ide of globalization from both sides…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Politics of Globalization: Gainers and Losers
Read TextPreview

Extract of sample "Politics of Globalization: Gainers and Losers"

Download file to see previous pages This form of colonization is economic and drains the wealth of a poor country into that of the colonizer much in the way that was done by the erstwhile colonizers. There are thus, two sides to the debate and there are gainers and losers on both sides of the barrier. People who are for the idea of globalization may cite the fact that it has created more jobs in the economies of developing nations where it has helped set up new institutions and firms. This, they would argue, has helped in the creation of more wealth for people who were earlier not very well-off. They would also say that such a social churning has helped these people in many ways and this, according to them, would include a change in earlier unjust and unequal models of society. This would include the caste system as it existed in places like the Indian subcontinent where globalization has helped to introduce fresh perspectives and has also helped people of the downtrodden sections to get jobs whereby they would be able to reverse the trend whereby people of their class keep getting poorer and the others keep getting richer. An increase in the amount of wealth that circulates in the economy would mean that it has an opportunity to be distributed amongst the poorer sections of society. The distribution of wealth, in such a scenario, has to be readjusted to suit the new needs. This is exactly where people who oppose the phenomenon of globalization come in. They feel that the absence of such an equitable system of distribution of wealth has resulted in the lines of division deepening in the societies in which globalization has entered in a manner that they feel is entirely unscientific. They feel that the process of globalization is nothing but a way in which developed countries manage to outsource their work to developing countries where they receive labor at cheap prices. This money is then retrieved through business interests that the firms of the developed nations have in the poor nation. The jobs that are created in poorer nations and also in some cases, in developed nations, according to people who are against globalization, cause many to lose their jobs. It also causes, in many cases, great harm to the agriculture of a nation since the factories that are set up by MNCs often cause great damage to the ecosystems of a particular area that help sustain the farms of that place. 2 The effects that the phenomena of the global economic recession and globalization have had on European households differ greatly from the effects that the same phenomena have had on the US households. Many of these effects have been due to the fact that a great factor in the development of the global economic recession was the bursting of the housing bubble in America. This meant that the United States of America would remain the worst affected state in many ways. The burden of repairing the economy falls on the heads of the people who are part of it. Much of this revenue is obtained from the households of a country in the form of taxes that are levied on the people. These taxes can be levied on items that are sold in the country, the income of a person and also upon the services that are offered by the state to the individual and the household. In this manner, the effects of the crumbling economy trickled down to reach the households of both America and Europe. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Politics of Globalization: Gainers and Losers Essay”, n.d.)
Politics of Globalization: Gainers and Losers Essay. Retrieved from https://studentshare.org/macro-microeconomics/1444737-see-the-order-instructions
(Politics of Globalization: Gainers and Losers Essay)
Politics of Globalization: Gainers and Losers Essay. https://studentshare.org/macro-microeconomics/1444737-see-the-order-instructions.
“Politics of Globalization: Gainers and Losers Essay”, n.d. https://studentshare.org/macro-microeconomics/1444737-see-the-order-instructions.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Politics of Globalization: Gainers and Losers

Main Ideas of the Politics of Representation

The reason for phenomenon is that art is not static, but rather interactive with its audience and the political and social ideas of the audience’s present as well as the symbols inherent in the particular forms used. The postmodern movement, with its emphasis on illuminating the sublime, brings these ideas to the forefront. “The political and the aesthetic are inseparable, simultaneously present, faces of the postmodern problematic” (Burgin, 1982). On examining the main ideas within the politics of representation I will draw on various philosophical ideas in relation to recent art practices and consider the topical question of visual representation as an instrument of control and power.
Any creative ide...
6 Pages(1500 words)Essay

The Role Played by Cultural Difference in International Politics

The discourse of multiculturalism is inconsistent. To its advantages belongs preservation of cultural pluralism, recognition, and protection of the diverse minority, refusal from xenophobia, chauvinism, and racial prejudices. Lacks are shown in ethnisation of social relations, the institutionalization of cultural distinctions, ignoring the liberal principle of priority of the rights of an individual.

The culture of any nation, defining its spiritual uniqueness, expressing its creative power and abilities, simultaneously is a property of all mankind. “According to official multiculturalism, no individual is forced to retain his or her culture, but all cultures are granted a universal right to celebrate and even to...
9 Pages(2250 words)Essay

Religion and Politics in Russia

Centuries have passed since the times' religious organizations, such as a church or various loges formed on the basis of certain religious views, ruled the Old World. The whole history world history gives bright and endless examples of the fact that through the development of civilization religious beliefs were not only a part of a nation’s culture, but were also a powerful tool of politics which enabled kings and emperors to keep a country in peace, and people appeasable. The earliest historical examples, such as ‘Akhenatens new religion’ (http://www.geocities.com/), which was introduced to the nation in order to unify it around one god, show that religion was always not only to support and enhance the culture o...
10 Pages(2500 words)Coursework

Women in American Politics: Past and Future Challenges

The official political role of women in the colonial period was not definite at all. Political rights were founded profoundly on ascribed status such as birthrights and on achieved status such as property. Religion also contributed in determining who could and could not play a part in politics. There was no steady and widespread difficulty in the participation of women in political life, yet only a small number of women voted in England and North American colonies, and hardly any women participated in politics to the degree of putting into effect political influence (ibid). In reality, the minority had any public office at all in England, and no women can be recognized as holding elective political office in the colonies.
It...
19 Pages(4750 words)Research Proposal

Globalization and International Business: Starbucks Corporation

The Small Business Encyclopedia defines globalization as the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders (globalization, Answers.com).
The shreds of evidence of globalization are all around us. For example, Hill (2005) cites an example of an American driving a car designed and produced in Germany that was assembled in Mexico from components made in Japan fabricated by Korean steel and Malaysian rubber. The car is filled with gasoline from oil pumped from off the coast of Africa, at a service station o...
12 Pages(3000 words)Case Study

The Politics of Looking Relations in Films

The book by Frantz Fanon title ‘Black Skin, White Masks’ deals with the social revolution that brews in the minds of the oppressed. (Markmann, 1967). In this regard, films are a medium and an art form rolled into one. They have the capacity to transport viewers and put across messages that can transform the lives of entire audiences. The power of cinema is one that has been hailed as the hardest hitting of art forms, even from the days of silent movies. The term or phrase, ‘Motion Pictures’ is literally the most accurate definition of the most powerful element of cinema. Moving pictures are the most powerful form of expression in art. This art form called cinema relies on the use of pictures that move in or...
8 Pages(2000 words)Term Paper

Are Disabled People Going To Be Winners Or Losers

This dissertation will, therefore, establish whether the White Paper will bring real benefits to the disabled or whether the concerns of organizations working for the disabled are actually well-founded.

People who are in work have better opportunities to improve their lives and consequently visit their GPs less often. Even their children and partners benefit. It gives many people self-esteem, companionship, and status.

The initial aim, therefore, is to investigate whether the provisions in the White Paper can theoretically deliver these benefits. This will provide an opportunity to identify any loopholes or gaps in the government’s plan.

The second aim is to then consider the objections to th...
6 Pages(1500 words)Dissertation

The Globalization Policies in Different Countries

...International trade International trade Introduction The Globalization, Liberalization and Privatization policies adopted by different countries, opened the doors widely open for international trade. Foreign investment and participation in business is welcomed by many countries. The consumers will get better products at cheap rates because of the competition in the market. For example, as per the economic principle, scarcity of a commodity creates demand in the market and hence the price of that commodity will go up. Because of the foreign participation in domestic market, the customers will never fee any scarcity and hence the prices will come down definitely. But most of the countries are still confused about the extent...
6 Pages(1500 words)Coursework

Globalization and Protectionism in Our Century

...Globalization and Protectionism in the 21st Century Globalization is an international phenomenon with far-reaching consequences in the social, political and economic realms. Economic globalization, namely the spread of neoliberalism and capitalist-inspired consumerism as the dominant engine of economic growth, has both supporters and detractors. The world is becoming more and more interdependent and whether you think globalization is a good or bad thing, it is here to stay. Many people in developed countries argue in favor of protectionism because foreign wages are much lower and domestic producers cannot compete. The result is that jobs are lost as employment trends shift overseas. Seeking to explore the present international...
6 Pages(1500 words)Case Study

Globalization and World Economic Forum at Davos 2010

The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment, and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and academia. Some markets are highly globalized, while some are not. The scale of market globalization is determined by the extent of globalization of customers, customer needs, distribution channels and marketing strategies of the players in the industry (Stonehouse et al, 2004).

The phenomenon of globalization of markets has resulted in both advantages and disadvantages. It has resulted in the convergence in the requirement of features in a product and augmentation of the intensity of B2B and B2C communica...
7 Pages(1750 words)Coursework
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 Essay on topic Politics of Globalization: Gainers and Losers for FREE!

Contact Us