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Impacts of globalization
Impacts of globalization
What is the impact of globalization on poverty
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1.0 Introduction
Globalization in its most technical form refers to the lowering of economic and trade barriers between nations, which results in increasing international trade as well as reducing costs through allowing for resource use efficiency (Stiglitz, 2002). Under this model of globalization, the main focus is on economic gain, including the promise of poverty reduction or elimination and other significant social and economic gains (Stiglitz, 2002). Of course, this promise of economic improvement through globalization is not fully delivered on; many countries, particularly developing countries, have actually had losses in their positions through globalization, particularly forced economic globalization (Stiglitz, 2002). However, other
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Chang characterizes this explosion as “fake globalization” (Chang, 2004, p. 222), or dark globalization, in which the legitimate flows of capital and culture across borders are shadowed by a flow of faked goods. In effect, the counterfeit fashion goods market represents a fetishization of the logo associated with the brand, rather than the quality or other elements of the good itself (Chang, 2004).
Chang’s discussion focused on the effect of ‘superlogos’, or high-fashion brands such as Chanel and Louis Vuitton, tracing the growth in fake products to the Japanese period of ‘logomania’ in the 1980s. During this period, explosive growth of the Japanese economy led to one of the highest per-capita incomes in the world (Chang, 2004). It also led to a shift in consumption patterns, with the previous consumption patterns set by American occupiers (an ‘American’ mode of consumption, focused on quantity of goods) shifting to a ‘European’, quality-based consumption model (Chang, 2004). During this period the brand logos integrated into clothing and other items became increasingly important, as they were indicative of consumption power (Chang,
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According to Condry (2002) Japanese hip hop fashion is superficially very similar to the American version where it has its roots. This similarity includes linked trends in clothing styles and designers (such as Nike) as well as similarity in graffiti styles (Condry, 2002). However, Japanese hip hop is also the site of considerable hybridity, or the combination of globalized influences and Japanese cultural influences to create a unique, hybrid form of fashion and culture (Condry, 2002). For example, he notes that in a post-New Year celebration in one of Tokyo’s largest all-night hip hop clubs, Kitchens, traditional New Year’s greetings were exchanged between party-goers (Condry, 2002). The appeal of hip-hop style and culture for Japanese youth is characterized as a message that “youth need to speak out for themselves (Condry, 2002, p.
On late August of 2007, Dana Thomas writes to the general public on the horrors made possible by the buying and selling of counterfeit fashion goods to persuade the end of the consumerism funding monstrous acts. Through the incorporation of ethos, logos, and pathos in her journalism, Thomas persuades her audience with the uncoverings of the sources behind the making of the counterfeit goods.
People are often deceived by some famous brands, which they will buy as useless commodities to feel they are distinctive. People require brands to experience the feeling of being special. People spend their money to have something from famous brands, like a bag from Coach or Louis Vuitton which they think they need, yet all that is just people’s wants. Steve McKevitt claims that people give more thought on features or brands when they need to buy a product, “It might even be the case that you do need a phone to carry out your work and a car to get around in, but what brand it is and, to a large extent, what features it has are really just want” (McKevitt, 145), which that means people care about brands more than their needs. Having shoes from Louis Vuitton or shoes that cost $30 it is designed for the same use.
...rs were buying the African image. These two authors proved in different ways that there are flaws in consumerism. While Stoller didn’t attack the market as Klein did, he shed light on an underground society that people did not know too much about, even though we see them every day. That idea is eerily similar to multi-national brands that we see every day, doing things that we as consumers unfortunately, do not know too much about. This grand scheme of giving up ethics for an increased profit is not only inconveniencing us consumers on the streets of Manhattan with fake cloth, thanks to Klein, we can see that it is literally destroying the world.
In “No Logo” Naomi Klein presents a convincing and well-documented look into how “branding” has enabled multi-national corporations to take over the way many Americans make purchases; however, since her argument fails to include the all-important human factors often overlooked by corporations and the proliferation of Internet-based retailers who are able to deal goods directly to the consumer, it is incomplete.
The Trickle-down theory, a well-known theory in fashion industry, has significant meaning in 19th to 20th century Europe. The American economist and sociologist, Veblen, published The theory of the Leisure Class by 1899, in which he discussed the split between the leisure class and the industrial class in the US critically. He concluded that leisure class treats dress as a sign of their status and possessions, furthermore, ‘Dress must not only be conspicuously expensive and inconvenient; it must at the same time be up to date’(Veblen 1994), by saying that, he refers to upper class was tend to create new fashion trend which was the top of the trickle-down theory. In the 20th century, Simmel, the German sociologist and philosopher, developed this theory further from a more sympathetic perspective. He drew much attention to sameness and difference amongst both classes in his book Fashion (Simmel 1973). The upper class gets self-satisfied and the proof of its priority by distinguishing itself from others, and working class follows the fashion trend which led by upper class in order to feel like he or she is ‘belonging to’ higher class. These opinions which were discussed by Veblen and Simmel were coined by a journalist in the mid-20th century, as ‘Trickle- down Theory’. During mid-18th to early 20th century, the trickle-down theory described the process of how fashion flows, and explains that fashion is a cultural and sociological phenomenon which includes the discourse of identity and uniformity, agency and structuralism. This phenomenon was not limited by geography, at the same period, in the other side of the world, similar situation happened in China which is a typical East Asian country....
Today, designer fashion is very popular amongst Americans’ in all age groups. Head out to the mall on any weekend and it’s sure to be packed with people shopping in upscale stores like Barney’s, Gucci, or Louis Vuitton. Because of peoples yearn for these designer fashions, counterfeiting is a major issue throughout the world. In Dana Thomas’s article, "Terror’s Purse Strings", Thomas discusses how counterfeiting has become a major problem throughout the world; She also points out that the majority of these counterfeit operations are run out of Chinese factories and how many of these factories employ young children who are sold or sent off by their families to go manufacturer these “luxury” counterfeit goods. I chose Thomas’s article because
Globalization is a series of social, economical, technological, cultural, and political changes that promote interdependence and growth. Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation. (Harris 5-23) The main cause of globalization is influence from other, more developed, countries. Globalization is a historical process that results from human innovation and technological progress. The social effects of globalization are clearly illustrated in Peru. Once a third-world country filled with poverty and oppression, Peru is now transitioning into a developed nation. In Peru, globalization has raised the human development index, empowered women, and created a stronger country. (Leon 90-91)
Fashion in the 21st century is a big business, as its production employs millions of people and generates billions of dollars in revenue. Fashion has for the past century been, and is still today, used as an indicator of social change and progress, as it changes with the social norms of the society and the political changes of the world (Finkelstein 3). Works Cited Finkelstein, Joanne. A.S.A. & Co. Fashion: An Introduction to Fashion. New York: New York University Press, 1998.
(Reinach Simona Segre (2005) Another signal of the fashion tendency is shown within one of the largest potential consumption market—China. The real thing which is actually happening in fashion culture as Segre (2005) suggested that the “Implication is of fast culture passage from a system that hinged upon prêt à porter to a system now starting to hinge upon fast fashion, based on totally different production presuppositions and rhythms and new consumption
Marketers are disrupting it by redefining the boundaries between product types. In the process, they’re rejuvenating categories and creating whole new markets (Moon, 2005).” A great example of this is Louis Vuitton, a trunk-maker in Paris since 1854, who became a legend in the art of travel by creating luggage, bags and accessories as innovative as they were elegant and practical. A century and a half later, the LV logo lives on. Strengthened by its international renown, Louis Vuittion is personified by the Monogram canvas product line, which has enjoyed great success since 1896 and played a key role in the development of modern luxury.
Globalization is an important contemporary phenomenon and it is difficult to avoid the trend. Its development as well as make people recognize each other's lives in an interdependent global village. Therefore, globalization encourages people to care about many global equity issues such as peace, justice, environmental protection. Like many phenomena, there are both sides of pros and cons in globalization. Globalization can create new opportunities for the expansion of international trade, and enhance global commodity circulation and improve cultural exchange (Krier, 2001). It is beneficial to the development of integration with the global economy. Emphasizing efficiency in terms of globalization
Recent studies have shown that the Chinese consumers care more about what brand the product is, than almost anyone else in the world. A Harris Interactive Survey of young Chinese and American adults in year 2011 found that 72% of Chinese respondents considered “brand name” to be an important factor when purchasing clothes (Siegel, 2013). This reflects the conspicuous consumption condition in China that Chinese buy luxury products basically in order to highlight social status and their wealth.
In the early 1800s, France was the sole fashion capital of the world; everyone who was anyone looked towards Paris for inspiration (DeJean, 35). French fashion authority was not disputed until the late twentieth century when Italy emerged as a major fashion hub (DeJean, 80). During the nineteenth century, mass produced clothing was beginning to be marketed and the appearance of department stores was on the rise (Stearns, 211). High fashion looks were being adapted and sold into “midlevel stores” so that the greater public could have what was once only available to the social elite (DeJean, 38). People were obsessed with expensive fashions; wealthy parents were advised not the let their children run around in expensive clothing. People would wait for children dressed in expensive clothing to walk by and then they would kidnap them and steal their clothes to sell for money (DeJean, 39). Accessories were another obsession of France‘s fashion; they felt no outfit was complete without something like jewelry or a shrug to finish off the look and make it all around polished (DeJean, 61). As designers put lines together, marketing began to become important to fashion in the nineteenth century; fashion plates came into use as a way to show off fashion l...
Fashion is a currently valued style of appearance and behavior. It is a way to shape one’s external custom. The history of fashion dates back to hundred years ago and it has seen a remarkable progress in the 21st century. Man has endeavored a lot to bring new changes according to style and elegance that suits his needs and desires. Apparently, our culture is inclined towards fashion and change in the former brings change in the latter.When we talk about Pakistan, from the independence day of August 14, 1947 up-to-date, it has been a society in transition and being dynamic in nature, it isconsequently ever-changing and its patterns are transforming from time to time.
Globalization is a term that is difficult to define, as it covers many broad topics in the global arena. However, it can typically be attributed to the advancement of economic, social, and cultural interactions among the companies, citizens, organizations, and governments of nations; globalization also focuses on the interactions and integration of countries (The Levin Institute 2012). Many in the Western world promote globalization as a positive concept that allows growth and participation in a global community. Conversely, the negative aspects rarely receive the same level of attention. Globalization appears to be advantageous for the privileged few, but the benefits are unevenly distributed. For example, the three richest people in the world possess assets that exceed the Gross National Product of all of the least developed countries and their 600 million citizens combined (Shawki and D’Amato 2000). Although globalization can provide positive results to some, it can also be a high price to pay for others. Furthermore, for all of those who profit or advance from the actions related to globalization, there are countless others who endure severe adverse effects.