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Is globalisation a good development?

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Is globalisation a good development?
Is globalisation a good development?

Nowadays, there are a lot of influences from other countries noticeable in our lives. We can walk into stores founded in the United States or any other possible country. We couldn’t imagine living without having access to famous worldwide brands, stores, food, music and beliefs, which have enriched us through globalisation.

Globalisation, defined by people like us, is a very nice thing… unfortunately this doesn’t affect two thirds of the population of this world.1 Searching for a single definition of the word is a hopeless task. As a concept, globalisation does not evoke a single image, but an imagery of disparate meanings. Most people view globalisation as an absence of borders and barriers to trade between nations, not only in concrete products but also in culture and beliefs.

On economical, political and cultural aspects there are some who see globalisation as a highly positive force leading to economic liberalism, political democracy and cultural universalism. However, there are also snags attached to it, which will in all probability make you look at this subject differently.

Countries can concentrate on products and services, suited to their climate and the presence of commodity, due to globalisation. This is conducive to the consumers, who have the best and cheapest products imaginary at one’s disposal. However, these products may function well but they most certainly are produced by labourers who are mistreated and live underneath the poverty line of 1 dollar a day.

These labourers don’t get the chance to start a business on their own because the multinationals dominate the entire economy. Therefore little factories in the countryside, which make relatively expensive products, don’t stand a chance against the multinationals. These labourers make very little money and end up working for a multinational or another big company. With the money they make by selling intermediate goods, they can’t even afford

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