Globalization Flashcards
is the continuing world-wide economic integration, recently facilitated by emerging information technologies. (Thomas Friedman)
Globalization
is the belief that institutions adversely affect national interest, make the country subservient to multinational corporations.
Protectionism (Economic Nationalism)
accuses international institutions for being undemocratic, ignoring environmental issues, promoting unjust labor practices, increasing inequality and further impoverishing the poor. (Sylvain Ehrenfield)
Anti Globalists
5 Ethical Implications of Globalizations
- Moral Codes
- Human Rights
- Labor Practices
- Environmental Concerns
- Economic Inequality
Ethical Issues related to Labor Practices (3)
o Exploitation of Workers
o Sweatshops and Working Conditions.
o Fair Wages and Labor Rights
3 Environmental Concerns
o Climate Change and Resource Adaptation
o Pollutions and Environmental Degradation
o Sustainable Development
3 Issues in Economic Inequality
o Wealth Concentration
o Global Poverty
o Redistribution of Wealth
5 Practical Ethical Applications
- Corporate Social Responsibility
- Fair and Ethical Trade
- Global Governance and Ethical Frameworks
- Transparency and Accountability
- Cultural Sensitivity and Universal Ethics
the bare facts that there are many sets of beliefs and practices.
Pluralism