Monday, May 25, 2020

Globalization Has Destroyed the Middle Class Essay

The world is not a large and strange place anymore. The world is a place that is interconnected and intertwined. The world has become from a place that each country and their peoples are separate and isolated to a place that each country and their peoples are part of a global network. Thanks to globalization this is occurring. Globalization is the ‘international integration† or ‘de-bordering’ – â€Å"a number of highly disparate observations whose regular common denominator is the determination of a profound transformation of the traditional nation-state† (Von Bogdandy 2). Globalization is connecting different people from different cultures and backgrounds together. More and more corporations are entering new foreign markets to sell their†¦show more content†¦Lila Rajiva used another perfect example in her article to show how globalization affects both the environment and culture of the native people. Hyundai built a factory in a small town in India. Since the factory opened, water has scarce for miles around the factory. Thanks to the scarcity of water, the local population doesn’t have water to cook, drink or bathe (Rajiva 2). Not only it is an inconvenience for the locals, it is a â€Å"death sentence† for them (Rajiva 2). From a brutal scorching dry summer, there was a death toll in the thousands (Rajiva 2). This occurred because they didn’t have enough water to survive. In this example Globalization disrupted the way of life of these people. Farmers didn’t have water to irrigate their crops. Also, thousands of people lost their lives because of globalization. These people would have been alive, if not for the greed of these corporations. In the state of Kamataka, globalization also ruined the lives of the native population. In this state, small farmers â€Å"committed ritual suicide to express their outrage at the destruction of their lives by multinational† (Rajiva 2). Th ese farmers’ lives were completely ruined thanks to globalization. These corporations’ practices and operations pushed them out of business. The farmers had no chance to compete because of the deals and benefits these corporations receive. CorporationsShow MoreRelatedGlobalization Has Destroyed the Middle Class907 Words   |  4 Pagesoutsourcing phenomenon has been fueled by the recent trends in globalization, with the hope to cut cost and increase production. Globalization was intended to benefit the world economy, but the wage difference among different globalized countries has promoted a negative aspect of outsourcing. If wage equality can be achieved among the countries, globalization’s full potential can be achieved. Although it is becoming a rising topic, globalization is not new. The concept of globalization has existed from beginningRead MoreAmerica s Worst Economic Period1255 Words   |  6 Pagesrampantly. 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