The Pros And Cons Of Globalization In Canada

733 Words3 Pages

When thinking about purchasing food we are often told that buying local is better for the community as it puts the money in the pocket of a small business owner and not for a corporation's CEO to purchase their third vacation home. But, often what we don't look at is the other things we purchase like clothing, cars, beauty products and day-to-day items. It is very common that many household products are made in China, as it is a lot cheaper to manufacture things there and send them to our local Walmart or retail store for Canadians to consume. I wanted to see how many things in my day-to-day life are produced outside of Canada and what I buy that is produced in Canada.

Of course starting with food, I often buy from the local market; unfortunately, …show more content…

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." (Collins, 2015) But then continues with some points that seem more valid to me, "The general complaint about globalization is that it has made the rich richer while making the non-rich poorer"(Collins, 2015) and "Globalization is deindustrializing America as we continue to outsource both manufacturing blue collar and white collar jobs."(Collins, 2015) Because we are in a whirlwind of globalization we loosing jobs ourselves. In the perspective of third world's countries, it is shown to give many opportunities for employment, but what large corporations won't tell you is that they are exploiting the smaller less industrialized and causing havoc and damage to them. For instance, China's pollution rate is