What can two dollars buy you? A small coffee at Starbucks, a candy bar, bag of chips, and a soda, a slice of pizza. For nearly three billion people, approximately half of the world’s population, two dollars a day is all the money that the person has to live on. Moreover, of the 2.8 billion children in the world, 1 billion grow up in poverty; 640 million without adequate shelter, 400 millions with no access to safe water, and 270 million with no access to health services (UNICEF 2014). One proposed reason for this harsh reality of high poverty rates is globalization - the growing integration of economies and societies around the world. The claim that globalization generates poverty has been the focus of many debates for the last twenty years, including the debate between Carlos Caretto, Gillian Crowl, Steve Grossman, and Annie Wong on February 21, 2014. Caretto and Crowl argued that poverty is an indirect result of globalization as is evident by high unemployment rates, wage inequality, and diminishing health and educational programs. Grossman and Wong contended that globalization does not generate poverty, but it in fact helps the world by promoting education, decreasing and shortening the length of wars, and increasing new resources. Close examination of the facts presented in lectures, readings, and the debates shows that each side presents logical evidence, but the facts confirm that globalization does in fact generate poverty. Globalization does have positive effects that are felt throughout the world. If we look at the latter part of the 20th century alone, the evidence that globalization reduces poverty is overwhelming. Looking at a variety of measurements – poverty, life expectancy, health, education – more people have become better off at a faster pace in the past sixty years than ever before. And according to the World Bank, trade enabled the developing countries to grow at a rate of 4.3 percent per year during the 1990s, twice the rate of the developed world. As stated by Kanbur, “there is no question that there is now broad agreement that education and health outcomes are on par with income in assessing poverty and the consequences of economic policy” (2011). Globalization is a vital process toward transferring knowledge and education to the world as people from different regions, cultures, and knowledge bases interact with each other. As poin... ... middle of paper ... ...ng of aides, and more and more people are living in poverty. Works Cited Bhagwati, Jagdish. In Defense of Globalization. Oxford: Oxford University Press, 2014. Caretto, Carlo and Crowl, Gillian. “Does Globalization Generate Poverty? DUH!”. February 21, 2014. 305 Ives Hall, Ithaca, NY 14850. DeJonge, Alissa. Globalization: How to Maximize Gain and Minimize Pain. Oxford: Oxford University Press, 2013. Eckel, Carsten. 2013. Labor Market Adjustments to Globalization: Unemployment versus Relative Wages. Geo-JaJa, Macleans. 2013. “Rethinking Globalization in Africa”. Chimera 1(1): 19-28. Grossmand, Steve and Wong, Annie. “Globalization Does not Cause Poverty”. February 21, 2014. 305 Ives Hall, Ithaca, NY 14850. Kanbur, Ravi. 2011. “Economic Policy, Distribution and Poverty: The Nature of Disagreements”. World Development 29 (6): 1083-1094. Russell, George. 2014. “More Globalization, Not Less”. Global Envision. Stiglitz, Joseph E. Globalization and its Discontents. New York: W.W. Norton, 2000. UNICEF. Updated: February 18, 2014. “State of the Wold’s Children, 2014”. Visited: February 25, 2014. Staples, Steve. 10 WAYS THE WTO PROMOTES WAR. 2013.
Mandle, J. R. (2003). Globalization and the poor. Cambridge: Cambridge University Press. Table 7.2, p. 108
Gardner, Robert, and Wayne Lavold. "Chapter 9-12." Exploring Globalization. Toronto: McGraw-Hill Ryerson, 2007. N. pag. Print.
Smith, Stephen C. Ending Global Poverty: A Guide to What Works. New York: Palgrave Macmillan, 2005. Print.
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)
The neoliberal policies have benefited some people in generating great wealth for them, but controversially, the policies have failed to benefit the people who live in extreme poverty and those people are the most in need for financial support (Makwana, 2006). In the last 2 to 3 decades, the wealth disparity between nations as well as within nations has increased. Currently, one out of every 5 children in the United States is in a state of poverty, continual hunger, insecurity and lack of health care (MIT, 2000). This situation is becoming even more desperate. Between 1960 and 1980, the developing countries’ economic growth was 3.2 percent. Then it dropped significantly to 0.7 percent between 1980 and 2000, and this is the period when neolibe...
Globalization, which is specifically the expansion of trade, encourages worldwide consumption and makes the world become a ‘global village’ (Chanda, 2007). However, it also leads to many serious environmental and social problems such as the collapse in biodiversity, climate change, financial crisis and inequality (Goldin, 2009). Among all the problems, income inequality is the most serious one and two widely used methods to soften its impacts are raising the minimum wage and taxing the rich.
Globalization helps many people achieve greatness. But for the majority it brings hardships and struggle. People will be plagued by the effects of globalization and will have a tough time over coming it. We are far from reaching a point where we can say we have sustainable prosperity throughout our world. But before we focus in on sustaining prosperity, we must first reach prosperity and bring it to all corners or the earth.
From an average American's perspective, globalization is a win-win situation for everyone involvedt. But we fail to see the other end of this situation, where lower-class families around the world are faced with troubles. In countries such as Indonesia and India, American companies purposely set up factories and take advantage of the population by giving them wages below minimum wage to manufacture their products. Families are forced to send their children to work in these factories in order to make enough money to survive. When there is only enough money to put food on the table, living conditions are poor and necessities such as clean water are not as available as they are for us Americans. In other countries such as Colombia, the drug trade is prevalent everywhere and is used as a source of income for many farmers who only want to produce crop for money so their families can prosper. Billions in Aid is given from the U.S government to find a different crop to use but nothing is accomplished as drug shipments continue to come in to America and drug crops are still being produced. If we are ever going to make Globalization beneficial for all, there must be a universal effort to employ laws to protect the lower class who can't afford to protect themselves.
The Globalization Reader. 2011. Fourth Edition. Frank J. Lechner and John Boli, eds. Malden MA: Blackwell Publishing.
These results change or modify political organizations to be suitable for the needs of global capital. Regions and nations are encouraged to import and export of goods from other parts of the world rather than supplying or manufacturing them in their own homeland. Thus, seeking expensive manufactured supplies or goods from third world countries to import them to the first world corporation’s injunction with the free trade zones of globalization (Ravelli and Webber, 2015). These negotiations raises new organizations, for example, the World Trade Organization (WTO) to aid and supervise both countries to for a legalized trade. However, Neoliberalism amplifies the negative aspects of globalization’s effect on the economy. For example, deregulation, decrease of government benefits, and tax modifications (Bunjun, 2014). Nevertheless, relating these negative aspects to the documentary Made in L.A. (Carracedo, 2007) which is the main issue of increased risk of employment for both the first world and third world countries. In regards to, a switch from full time stable and secure jobs to part time unstable and insecure jobs. This reduces career growth for many employees, which they recognize, and thus switch jobs – where as they may not fit as well (Bunjun, 2014). As a result, globalization causes market inefficiency via labor market segregation and exploitation, unemployment and underemployment, unequal access to employment (Bunjun,
Globalization impacts world economies in more positive ways than not. It opens doors for entrepreneurs and for people with the drive to create a better lives for themselves whether in their own countries or in a different one. On a local level, globalization creates jobs, stability and freedom for people to start their own businesses and get a better education, thus increasing capitalism and growth for the economy. In Poverty, Inc. there was a representation of what poverty stricken communities need to succeed: legal protection from theft and violence, justice in the courts, legal title to one’s land, freedom to start a business, and links to a wider circle of exchange. Without globalization and the expansion of international trade and manufacturing,
Many experts insist that uniforms improve learning, make schools safer, and happier students feel happier. (Tarshis, 2011). Wearing uniforms can actually enforce a more professional look to many students. When students arrive to school looking professional, they tend to become more focused on their education. Some people say that uniforms infringe on students freedom. However, uniforms would not cause a threat to student’s individual freedom because there are lots of other things that makes you besides clothing. People would be noticed for who they are as an individual rather than what they
The cost of uniforms as compared to the latest fashion statement is ridiculous. For the price of a household appliance, two or three outfits can be bought. The way the kids are dressed is more important than the grades they make. The students who don’t have the money to buy all the newest clothes tend to not go to school as much because they feel that they don’t fit in. The kids that come from lower class level backgrounds are the kids out there selling drugs and committing the crimes, but the money made goes to buy the latest designer jeans, just so they are “ cool” at school. Uniforms can be bought at almost any clothing store. Prices range from $5-$7 for shirts, $10 for shorts and $7 for jumpers. Of course used clothes are cheaper. Majority of parents only buy two or three outfits for a school year. (Shrieves,3). Hand-me-down uniforms are used more than street clothes would be.
Poverty, also know as the “silent killer” (Causes of Poverty), exists in every corner of the world. The death rate of poor children is a staggering number; about 9 million die each year. Some view poverty as people not being able to afford an occupational meal or having to skip a meal to save money. This isn’t true poverty; poverty is where people live on $1.25 or less a day. According to Causes of Poverty, 1.4 billion people live like this. Even more shocking than the last statistic is that half of the world’s population lives on $2.50 per day.
Whether globalization is a force of good or evil has become a highly contested issue throughout the world. The proliferation of economic globalization has been advocated for with the claim that a greater socioeconomic integration and collaboration among countries will increase the living standards of both the rich and the poor. However, as Stiglitz indicates in the book Making Globalization Work, while it is true that globalization has enormous potential to make the world a better place, what is problematic is the amalgam between politics and economics that has shaped globalization resulting many losers and few winners. This paper will aim to show that on the one hand economic and corporate globalization are not the great evil portrayed by Wayne Ellwood in The No-Nonsense Guide to Gobalization, but neither can globalization and free trade be equated with increased living standards for all. Instead, the potential of globalization must be acknowledged, though one must take into account the negative impact it has had on the world and look for ways in which it can be improved as argued by Joseph Stiglitz.