Globalization I

1
Globalization I

• Pro

• Con

• Ease of travel for corporations to get anywhere
• Spread of health care
• Interdependence leads to peace
• Sharing of technology
• Spread of wealth

• Expansion of terrorism
• Spread of disease and invasive species
• Increase Human trafficking
• Brain drain
• Flow of money out of developing nations

2
Globalization II

• Pro

• Con

• Developed nations lose jobs (outsourcing)
• Poor nations get rich
• Businesses get bigger in order to compete
• Greater competition
• Anti-monopoly
• Spread of information on world events

• Resource exploitation
• More crappy jobs
• Increases gap between rich and poor
• Workers not paid fair wage
• Control of a market
• Businesses get bigger in order to compete

3
Globalization III

• Pro

• Con

• Better understanding of people from different
  nations
• Cultural understanding
• Decreases xenophobia
• Spread on information on skills
• Spread of culture
• Easier to use sanctions to get nations to behave
• Loss of governmental power
• Empower individuals

• Isolated states feel greater threat
• Cultural imperialism
• Loss of governmental power, less ability to be
  responsive to citizens
• Small nations lose economic sovereignty

4
Globalization IV

• Pro

• Con

• Decrease in wages in industrial world
• Nothing else has worked
• Lowers prices
• Creates democracy
• More freedom
• People want the new jobs

• Fear of New World Order
• Environmental degradation
• Labor standards
• Child labor
• Sweatshops
• Rich get richer poor get poorer
• Rising inequality
• Transnational organized crime
• Rapid urbanization and feral cities