Globalization any alternative?critics can not offer solution.
After the WW-II world was divided into two blocs i. e. Capitalist and communist In third world nations most of the regimes loved socialism to resolve basic problems but failed.Inefficiency ,corruption ,and authoritarian regimes could not build the nations.Globalization could not solve the problem of poor nations and locked into debt trap.lack of basic civilization, illiteracy feudalism are the basic issues which plagued the development of third world nations. transition from controlled economy to free market economy is painful exercise
What a choice. Lock up human endeavour or let it be free. We lock up the bad guys in prison. But most people are o.k. and they live within the rules. Giant corporations are good at avoiding the rules of one country by moving operations to another country, but we have come a very long way in the last couple of hundred years with globalisation. Regions, then states, then countries and whole continents and even the world has come together on occasion. Our United Nations is often belittled but as global human endeavour goes this is our scorecard to date. Its the world institutions that can create a framework to reduce the harm and ensure opportunity. As a world we are not still children, but we have not yet grown up. We are adolescents, we can do great good or harm and we are a bit rash and don't have quite enough maturity. So what alternative to globalisation is there. How can we put the genie back into the bottle? By repressing the will of people? If 'Critics' do not have an alternative, then they are not critical, they are winging. If they would like to work toward a common solution, then I think it will have to be within the global frameworks that they like to protest outside of.
Globalization is inevitable even if individual economies are struggling to deal with the reality. Once the capitalism bug has been beaten, it is very difficult to take it back. This is particularly important for those economies that are moving away from socialist-oriented systems of government. For example the issue of raw materials and labor specifically means that companies are looking for the cheapest production localities. China and India combine both infrastructure and technical know-how. They are also very affordable for multinational companies. That means that they are the winners in this system. I am afraid that globalism is here to stay and people just have to cope.
by Deng Xiang5 years ago
Do you support globalisation? Why or why not?This debate will continue indefinitely, but it is worthwhile to keep in mind how we can make the most out of globalisation and minimise the harmful effects it creates.
by cagedncrazy8 years ago
Correct me if i'm wrong. Within the last 100 years, great effort has gone towards globalization. It started with the rich, and is now coming into reality through the political. Great efforts have been made in order for...
by Grace Marguerite Williams5 years ago
The world is becoming ever increasingly globalized. Nations no longer think by their own natural parameters. Nations are beginning to views themselves as part of the whole. President Obama...
by pramodgokhale5 years ago
Third World--will be lagging forever? in Globalization Era? solution?I am an Indian, India a member of third world nations group. HDI and other parameters, these nations are way behind and in 21st century how they...
by ritu spall7 years ago
whats globalisation contribution to the world?
by he-min7 years ago
Is globalisation completely transforming the nation state in india
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