Globalization allows capital to pursue profits globally rather than spread wealth, exacerbating inequality between rich and poor nations. Countries that export raw materials but import manufactured goods see little economic growth from globalization. Anti-globalization movements protest issues like unemployment and pollution caused by companies moving jobs overseas to low-wage countries in order to compete internationally. While globalization cannot be stopped due to its advantages, it also has disadvantages for some nations that fail to benefit equally.
Globalization allows capital to pursue profits globally rather than spread wealth, exacerbating inequality between rich and poor nations. Countries that export raw materials but import manufactured goods see little economic growth from globalization. Anti-globalization movements protest issues like unemployment and pollution caused by companies moving jobs overseas to low-wage countries in order to compete internationally. While globalization cannot be stopped due to its advantages, it also has disadvantages for some nations that fail to benefit equally.
Original Description:
Essay on Anti Globalization made by person who is low in english skills
Globalization allows capital to pursue profits globally rather than spread wealth, exacerbating inequality between rich and poor nations. Countries that export raw materials but import manufactured goods see little economic growth from globalization. Anti-globalization movements protest issues like unemployment and pollution caused by companies moving jobs overseas to low-wage countries in order to compete internationally. While globalization cannot be stopped due to its advantages, it also has disadvantages for some nations that fail to benefit equally.
Globalization allows capital to pursue profits globally rather than spread wealth, exacerbating inequality between rich and poor nations. Countries that export raw materials but import manufactured goods see little economic growth from globalization. Anti-globalization movements protest issues like unemployment and pollution caused by companies moving jobs overseas to low-wage countries in order to compete internationally. While globalization cannot be stopped due to its advantages, it also has disadvantages for some nations that fail to benefit equally.
Globalization is not about spreading wealth and democracy. It is about
allowing capital to chase profit around the world. In case of globalization the difference between poorest countries and richest countries are growing rapidly. Globalization is not a benefit for those countries, who exports raw materials and imports manufactured goods. For example, China exports their goods around the world and they have huge benefit from this. Another example, African countries which exports a lot of raw materials such as cotton, diamonds and minerals and their economic doesnt grows at all. Since globalization exists there are anti-globalist movements. They are fighting against unemployment, pollution and such bad things which are caused by globalization. Entering world market you are facing global competition. Companies must have low prices and good quality products to compete in a worldwide market. The best way to keep low prices is to lower wages. In case of this big companies are moving their jobs overseas to poor countries. Governments of poor countries dont thinks about pollution, because they get taxes from companies and lower unemployment level. In conclusion, I want to say that globalization cannot be stopped, because with all disadvantages it provides much more advantages.
By Arturs Smirnovs, 2nd year, e-business, RISEBA, 2012