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Cons Of Globalization Essay

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Globalization is not a new way of doing business. It has been around for years. It was not as big as it is now and you can certainly find information to support whatever your view is on the topic. It seems to always be a topic of the politicians hoping to win the votes of the people. It became a concern of mine when I learned about the treatment of the workers in the developing countries. I have no problem with companies manufacturing their goods in other countries. I do have a problem when those companies turn away and ignore the poor working conditions and the pathetic pay of the people that make these goods. I never looked beyond that at any other issues that people may have with globalized businesses. There are pros and cons …show more content…

Most of them have legit concerns and they are very genuine. I myself have things that I oppose of and I am very passionate about some of them. When it comes to globalization of business there are some growing concerns that people have and they will have to be addressed. In all we do the environment will always be a concern. With globalization you have an increase in logistics which means and increase in emissions. For developed countries with regulations the problem is minimal. They problem grows in countries that are developing and have not yet began to regulate pollution. An increase in logistics also brings about an increase in the use of natural resources. It may not be this generation that sees a depletion of one or more natural resources so we tend to be less concerned. The biggest reason that I have seen for the opposition of globalization is what is does to a countries working class. As companies become global they seek out opportunities to increase their profits. Sometimes this involve moving jobs to countries where the labor is cheaper. Companies also do things to substantially lower the amount of taxes that they pay leaving the bulk of the tax revenue collected by the government to be paid by the

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Globalization has had an impact on just about everywhere in the world, whether it be positive or negative. There have been many benefits and good things that have come out of this international movement. We have more goods, we are more connected, things are easier to do, goods are cheaper, and life values and conditions have improved, but what about the people who don't have access to these benefits? What about the people we don't talk about, the ones who make those cheap goods? For some, many negatives have come out of globalization, like decreased living conditions and isolation, even if in our eyes it seems all good and like we couldn't live without it.

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Should labor practices in another country be a relevant consideration in international trade? Why or why not? International trade concerns all businesses. Per the International Labor Organization, (ILO, 2018) “achieving the goal of decent work in the globalized economy requires action at the international level, which includes human rights and labour” (A path to decent work).

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Nearly everything is outsourced from this country, we are 100 percent dependent on other countries to produce our items. Sure, we can blame China, we can blame the 3rd world, but the real problem is the corporations. It is big corporations that do not care about where the product is coming from but about maximizing profits as much as possible. Even companies that produce quality products are outsourcing to save money because it appeals to the shareholders, which all makes sense to a business person. There are some pros to globalization as Mike Collins states that, "supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty."

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The exceptionally notoriety of the word 'globalization’ signals a require for caution. The word was barely utilized some time recently the late 1980s, indeed in scholarly circles, but nowadays you can barely open a daily paper without experiencing the term. It might effortlessly show up to is an elegant name utilized to assign wonders around which one has as it were the vaguest thoughts. However to dispose of the concept of globalization, and the huge consideration agreed the marvels it envelops, on such grounds, would be silly. There is a genuine require for a common, non-specific term to portray the complex, multi sided ways in which the world is inter-connected, and progressively so.

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Companies will want low costs; this means that they will most likely operate their factories in a country that has relaxed laws or tariffs/taxes/etc. (Czinkota, 2011) Manufacturing in USA costs very much due to the laws and taxes imposed on them, which is why Apple chooses China, as Chinese costs are much lower than their American counterparts. While they manufacture their products in China, it is designed in California, USA, and the resources come from different parts of the world. (Czinkota, 2011)

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Now lets put a light on the disadvantages of Globalisation. The main reason for the downside of globalisation is that it distinguishes between social class ans status. This leads to political and social uneasiness and financial unreliability that will restrain growth. Many of the world’s poorest people do not have access to basic technologies and public goods. They are eliminated from the benefits.

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