The Pros and Cons of Globalization

Globalization. Everyday you hear it on the news, you read it in the newspaper, and you overhear people talking about it- and in every single instance the word globalization seems to have a different meaning. When I hear of globalization I think of the whole world coming close together in all phases. I tend to think that we as human beings are breaking down barriers that have been protected or guarded. For instance, I initially thought of the progress we are making in the communication aspect. So what its globalization and its effects on the United States?

WHAT IS GLOBALIZTION?

First off, we will search and explore some definitions of the term globalization. ?Globalization is the process of denationalization of markets, politics, and legal systems, i.e., the rise of the so-called global economy? (Introduction to Globalization, 2004). Another article states, ?Globalization is an inevitable phenomenon in human history that?s been bringing the world closer through the exchange of goods and products, information, knowledge and culture. But over the last few decade, the pace of this global integration has become much faster and dramatic because of unprecedented advancements in technology, communications, science, transport and industry? (The Growing Integration of Economies and Societies Around the World, 2005). The third and final definition is from Thomas Friedman who wrote The Lexus and the Olive Tree. ?Globalization is not a phenomenon. It is not just some passing trend. Today it is an overarching international system shaping the domestic politics and foreign relations of virtually every country, and we need to understand it as such? (Friedman, 2004). Now that we know what globalization is, we can know try to track it and better understand it and its effects.

HISTORY OF GLOBALIZATION

Now let?s take a look at the history of globalization. When we look back at globalization we are going to look mainly from the area of the industrial revolution. ?Globalization has been established by large developing countries who sought foreign investment by opening up to international trade? (A Quick Guide to the World History of Globalization, 2003). The first notion of globalization lasted from 1870 to the start of World War 1. It was stimulated by advances in transport and reductions in trade barriers. The level of exports to world income doubled to 8 percent as...

... middle of paper ...

...d History of Globalization." International Studies

Association. 2000. www.sas.upenn.edu/~dludden/global1.html

"Advantages and Disadvantages of Globalization." Dark September Rain. 2003.

www.darkseptemberrain.com/ideas/advantages.htm

"Benefits of Globalization". Nick Marchand. November 2000.

www.oak.cats.ohiou.edu/~nm117598/esp/courses/prcm/globalization.htm

Dobbs, Lou. Exporting America: Why Corporate Greed is Shipping American Jobs Overseas. Warner Books. 2004

Friedman, Thomas. Lexus and the Olive Tree. 2004. www.globalenvision.org/library/8/545/1

"Globalization in General." Americans & the World: Public Opinions on Int?l Affairs. 2002. www.americans-world.org/digest/global_issues/globalization/gz_summary.cfm

?International Globalization.? Exchange Internet Café: Globalization. 2004.

www.sociologyonline.net/ubb5897gp/Forum7/HTML/000012.html

"Introduction to Globalization." 2014. www.globalization.com.

"The History of Globalization." Yale Global Online. 2014.

www.yaleglobal.yale.edu/about/history.jsp