The Overwhelming Globalization

The world has become globalize. Globalization is the transformation of local to global. The purpose is to unify the world into a single society. It is the integration of economic, political and social cultures, and diffusion of modernization throughout the direct investment, capital flows, migration, and technology.

I think the three positive impacts of globalization are: promotion of modernization, reduction of unemployment rate, and doctrine of new technology for developing countries. On the other hand, the three negative impacts are wide disparity between rich and poor, rise of crime rate, and the eradication of local culture.

China is the best example of globalization. About 20 years ago, China was still really undeveloped. The production China had was mainly agriculture. Their military defense was not strong either. But after China opened foreign relationships, their traditional society promoted their economic growth throughout the multinational corporations, such as NIKE. The multinational corporations not only expand and market themselves, but also promote the international economic market. As the involvement of multinational corporations increases, it gives more jobs to people. It reduces the unemployment rate efficiently in those developing countries, such as Indonesia and China. Globalization also allows developing countries to contact and learn new technology, the ipod popularity around the world. They can have better communication systems, and also let the world network better, spread ideas broadly, such as the idea of the spiritual leader of Tibetan people: Dalai Lama.

China also provides some of the best examples of negative impacts of globalization. There is a big disparity between the rich and the poor in China. The gap is so wide that poor people do not even have chance to become rich. Urban city has all the advanced technology to network well. But on the rural sides, people have lack of transportation and network to get into the city. Even in such an urbanized city, there are still lots of homeless people, begging for food and money.

The crime rate has also risen as the world globalizes, such as Internet fraud, and inappropriate pictures and films distribution. There is also more and more telephone fraud from China. Prostitution has also turned into big business with the growth of tourism, such as the prostitution organizations in Macau, and the entertainment business, such as strip club.

Multiculturalism has supplanted the local culture. This reduces cultural diversity. For example, Hollywood movies play most of the time on televisions channels and movie theaters than local movies. The whole world is all watching Hollywood movies. There are also less people wanting to dress and eat traditionally; everyone is following the same pop-culture.

There are negative and positive impacts of globalization. People need to keep the positive impacts; modernization, reduction of unemployment rate, and doctrine of new technology. Multinational corporations also need to find ways to reduce the disparity between rich and poor, drop crime rate, and keep the local culture. “Multinational corporations symbolized what is wrong with globalization,” implied by the author of the book Making Globalization Work, Joseph E. Stiglitz.