What is Globalization ?

  • Involves the Global Transformation and Amalgamation of Political and Economic Systems for the Purpose of International Trade to Increase Revenue and Prosperity

  • Globalization Started After World War II

4 Components of Globalization

  • First component is the rule of the market.

  • Second component sees the cutting of public expenditures for social services, mainly targeting education, health care and welfare

4 Components of Globalization

  • The third component is deregulation. (meaning to eliminate government policies in areas such as environmental protection and the workplace.)

  • The last component is privatization, which refers to selling state-owned enterprises, goods, and services to private investors.

Arguments Against Globalization orAnti-Globalization

Anti-Globalization

  • The “GAP” between the rich and the poor, eliminating what is known as the middle class

  • This could lead to a worker rebellion which could threaten social stability.

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Anti-Globalization

Anti-Globalization

  • Globalization threatens the uniqueness of cultures, languages, politics, and economical systems, thus making everything seem homogeneous.

  • All around the world the same western symbols are more frequently being seen

Anti-Globalization

  • Industrial and manufacturing corporations have been able to relocate their factories to impoverished nations such as Thailand or Malaysia.

G8 Summit Meeting in Quebec City

Anti-Globalization Conclusion

  • Globalization is a problem that continues to haunt society today and it will in the future as well if nothing is done about it

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