To What Extent Have The Negative Impacts Of Globalisation Outweighed The Positives? Flashcards
PARA 1 economic positives
-reduced poverty (1990-2018 fell by 25% according to WB)
- reduced inequality between countries
PARA 1 economic negatives
-increased inequality within countries
-TNCs work with states with bad HR records (exploitative, shein, Rana Plaza, over 1000 dead)
-increase in global trade, travel and migration (increased CO emissions and waste due to consumer capitalism trashed environment)
PARA 1 mini conclusion
More negatives than positives but the positives are more important - heavily decreased poverty therefore improving quality of life for millions.
PARA 2 cultural positives
- spread of western HR ideals led to global HR culture (movements for equality in Iran, #MeToo)
- school strikes spreading globally to pressure government
PARA 2 negatives
- cultural erosion
- powerful cultures (usually western) imposing values lifestyles and media on less powerful nations. Leads to sense of dépendance
PARA 2 mini conclusion
Positives > negatives
Shared values world wide make it easier to work toward common goal eg Sustainable development goals
PARA 3 political positives
-international cooperation- CC improved along w globalisation shown by more productive COP summits
-improved crisis response - COVID 19 as can pool resources and expertise to address urgent challenges
PARA 3 political negatives
- loss of state sovereignty
- inequality in global decision making eg. Strong US power in global decision making (IMF, WB, NATO)
-tension and conflict through conflicting values when governing globally - gridlocked UNSC often due to veto
PARA 3 mini conclusion
Positives > negatives
HRs improved
CONCLUSION
The negative impacts have not outweighed the positive impacts of globalisation