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The Mis-Understandings Of Globalization June 3rd 2018 I don’t understand this term, “globalization,” and more specifically, I’m unsure of the meaning of this word in the global marketplace. glob-al-i-za-tion - the process by which businesses or other organizations develop international influence or start operating on an international scale.Example: “Fears about the increasing globalization of the world economy.” Which is to say… that in a globalized economy… should domestic company's compete against one another? Or, alternatively do domestic company's collectively compete against other countries? Furthermore, Vladimir Putin recently spoke on globalization at an international economic forum and during his speech he cited that globalization was causing issues with trade. Was Mr. Putin concerned about the same thing? And is the Asian continent… not notorious for running their governments more akin to free market enterprises? Furthermore, later on during that same economic forum a French politician named Christine Lagarde was also quoted as saying, “sometimes a globalized economy could be, ‘unfair.'” (Reference link.) But what did she mean, “unfair?” And is success scarcer in China or Russia? The US? Or the UK? And should money carry over at all, from one nation to another? Is it harder to get rich in other country's and how do you know? And what are the ethics behind foreign investments? Because to me it feels somewhat imperialistic… to have a totally foreign entrepreneur starting multiple businesses abroad and then employing native employees… or vice versa. Should I be working for foreign entrepreneurs, in my own country? And what if they don’t speak English? Which I’ve personally experienced living in NYC. Whereby, immigration and jobs is one of those issues that I can personally attest to as being immensely frustrating and it's also an issue that impacts different areas differently. Furthermore, in city's like Detroit there is no Latin population like there is in; California, NY, Florida and Texas, where employment is alternatively impacted by immigration. But to be clear, I’ve encountered several people in NYC who DON'T WANT to oppose immigration but whom also say, “it’s frustrating sometimes” (*and not just white people). Also, at the grass roots level I believe that people don’t want to build a wall but when some of them lose a job because of minorities, “clique’ing up,” in the job market or any specific field… it then becomes a more complex issue. Would you sacrifice your job for an immigrant? How many sacrifices have you personally made for 3rd world citizens? And what about 3rd world country's? What’s the socio-economic ladder like there vs here? Can I move to Brazil? Can I move to Egypt? Can I move to South Africa? Can I move to Guatemala? Or is that a problem? And more specifically what’s the economy like in developing nations vs NYC? Will I be working 60 hours for almost no money in those countries like I do in NYC? And is there a set, “3rd world model," to make that transition? Or do American investors simply build a Mcdonalds in an un-developed nation… and then tell everyone there to get a job and reward the few who choose to work their cash registers? What type of pyramid scheme is that? How many times has that social experiment been done in 3rd world countries behind the guise of US opulence? Where Warren Buffett builds a Mcdonalds restaurant and then rewards the locals who sacrifice their lives to it? What is the data behind those experiments in foreign nations? In conclusion,, what about children? Because in my opinion the universal solution to globalization is a globalized living wage. However, I also believe that giving children the ability to seek refuge and then perhaps the freedom to live on their own, perhaps at a young age like 11 or 12 years old, might go a long way towards implementing a fairer globalized economy. (*Whereby, a 32 year old law school dropout should not be competing with young immigrants for jobs in NYC… *with exceptions of course but that's currently what I've seen going through in NYC.) When should children become independent? Because I'm 32 and I stil don't own a home. Nevertheless, I think that in the future children of all ages maybe 11 years and up… should have the ability to live on their own free from bosses and parental constraints. In this way, and for those reasons… I believe that creating a living wage, independent of a person’s age, is the foremost solution towards a globalized economy. -William Larsen, Civilians News |