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A Future Perfect by John Micklethwait and Adrian Wooldridge, accentuates the fast approaching phenomenon of globalization.

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Introduction

The book, A Future Perfect by John Micklethwait and Adrian Wooldridge, accentuates the fast approaching phenomenon of globalization, which is the ideal term for describing the process of human modernization through interaction and development. It provides various examples of how globalization has contributed positively to our world. The examples provided in the book are well explained and backed-up by solid evidence, although the opinions of the authors are rather biased. The three focus points of the book are globalization of business, politics and culture. These authors identify, examine, and analyze the many forces that have been changing the world in which we live through globalization. Globalization is not a new concept to the world's economists, as it has been around for a couple centuries. This way of thinking began with Adam Smith's writings on the "invisible hand" in 1776 but it was not until the early 1900s that this concept became a reality. Some believe that in the past the world was more global than today, but there is now a lot more trade, multinational companies, and capital markets. Despite this, the early twentieth century saw free movements of people, capital, and minimal intervention by governments (Micklethwait and Woodbridge 5). There was a period of protectionism with the beginning of the First World War in 1914 that included the Second World War, the emergence of communism, the cold war, numerous trade wars, the nationalization of industries, the great depression, and other recessions (p. ...read more.

Middle

111). The aim of trade is to help countries specialize in what they are best at, such as in the case of developing countries where labour-intensive industries are best suited. When countries are able to do this everyone benefits, as consumers are offered better products for lower prices and producers are able to produce what they do best. While the previous points and statistics supporting globalization were from A Future Perfect they were not all accurate based on other sources of information. While it was argued that globalization helps poorer countries, according to the United Nations report in 1999 the gap between the rich and the poor is greatly increasing. The amount of people who still live on less than one dollar a day has stayed the same at 1.3 billion (Denny & Brittain, 1999). The gap between the richest fifth in the world and the poorest has gotten worse: from 30 to 1 in 1970, to 60 to 1 in 1990, and it is now 74 to 1(Denny & Brittain, 1999). It was suggested that in order to help poorer countries there must be a code of conduct for multinational corporations and the creation of an international legal centre. There was also a decrease in the per capita GDP from 1980-2000, which was "the difference between doubling income per person, versus increasing it by just 21 percent" (Baker et. al 2000). The largest decrease was in the poorest countries of the world as they went from a modest rate of improvement to a declining GDP. ...read more.

Conclusion

Also the writer says that backed by the power of certain states, Western ideals are falsely established as universal, overriding local traditions known as "cultural imperialism." Modern institutions have an inherently rationalizing thrust, making all human practices more efficient, controllable, and predictable, as exemplified by the spread of fast food such as "McDonaldization." The United States for example, exerts hegemonic influence in promoting its values and habits through popular culture and the news media-"Americanization" As we progress into the 21st century, globalization has taken the centre stage. It sometimes stands accused of destroying the nation-state, the national identity, and the power of government to set policies. As seen in the book all the negative aspects of the world today do not necessarily fall as victims of globalization though it is used as a scapegoat for many issues. As Charles F. Kettering puts it: "the world hates change, yet it is the only thing that has brought progress." People must drive for the better, and extend their own uniqueness beyond the long-established borders. Having said that, globalization is the major cause for the world to become westernized, such as the global market for Coca-cola, and McDonalds however it is also the main cause for cures and vaccines that are essentially required in modern world . Therefore, globalization causes more positive then negative effects on the world today. The real world is not perfect as John Micklethwait and Adrian Wooldridge had described in A Future Perfect nevertheless it is gearing towards it. ...read more.

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