globalisation critique Flashcards
advantages of globbalisation
-allows us to pool all our resources together.
-One of the best examples of globalization within our lifetime is the construction of the International Space Station.
-The cost to construct the ISS was $150 billion.. The United States, Russia, Canada, Europe, and Japan are all involved in the financing and continued operations of the
program.
- Globalization would also reduce labor exploitation issues.
- When borders become less restrictive around the world, people tend to move to locations where their best opportunities exist
- in Bangladesh making clothes for 10 hours per day earns less in a month than some workers in the U.S. earn before lunch.
- Globalization reduces the prospects of tyranny.
- Globalization improves communication access.
Globalization would remove tax havens for wealthy individuals and businesses.
disadvantages of globalisation
-lobalization may encourage more offshoring instead of less.
With fewer restrictions in place at the national level, some businesses may use offshoring to their advantage
-Globalization benefits the wealthy more than the poor.
Value-added taxes above 25% exist in some nations. Tariffs above 70% exist for some products.
- Those with money to invest would see their bank accounts continue to rise. At the same time, households living paycheck-to-paycheck would struggle to access what they require, suppressing their ability to pursue a better job.
-Globalization would encourage disease transfer.
The outcome of the Columbian Exchange was profound at the time. Over 90% of some population centers died because of their exposure to smallpox, chickenpox, and other diseases that the Europeans were somewhat immune to at the time
-Globalization would not prevent resource consumption.
The goal of globalization is to equalize patterns of consumption for populations around the world.
-The 20 richest countries in the world today consume almost 90% of the planet’s resources each year. The United States constitutes 5% of the global population right now, but it consumes 24% of the world’s energy as a country.
- Globalization would negatively impact the environment.
We’ve already seen what free trade does to the environment. Greenhouse gas emissions rose in 2018 despite efforts to curtail them. Micro-plastics invaded our oceans,
