Globalization: Detrimental?

Globalization is the interaction and integration among people across the world. It involved the interaction between companies, governments, nations, societies, etc. This is a result of our modernizing world. Because we have the technology, the transportation, and the resources, we are able to communicate with people all over the world. Economoic globalization is a term that is commonly associated with globalization. This includes the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, technology, and military presence.

Of course globalization has its pros. It allows countries to become involved in the global market like never before, giving them the opportunity to improve their economy and compete with more developed nations. It also makes our world a more connected place. We are also able to recognize when conflict is occurring in other countries, and deliver aid when needed. However, globalization also has serious detrimental effects on our world. Some, including myself, would argue that the cons might outweigh the pros in this situation. This process has effects on the environment, on culture, and on political systems and on human physical well-being. Deforestation, air pollution, and mineral depletion is occurring; It has also known that globalization has helped to spread some of the deadliest infectious diseases known to humans; and cultures are losing their uniqueness with McDonalds and Starbucks becoming widespread. Poorer countries are also losing their say in many situations, doing what the more powerful nations are telling them to do. I believe our “Americanizing” world is developing social and economic issues with Globalization as the root cause.