Wednesday, January 31, 2024

Blog 2

 While an argument can be made for both the pros and cons of the mass globalization we see today, I believe the majority of results have been overwhelmingly positive. In a world where people and cultures have never been more interconnected, opportunities for understanding and learning from different perspectives has never been so accessible. On top of this new era of understanding, the world has likely never been more peaceful, although it does not seem like it at times. Ultimately, there are no global conflicts between national superpowers which result in mass losses of life. A big reason for this is neo-liberalism, which has helped build a global company in which nations are dependent on one another for sustaining their way of life. Through the efforts of the Three Sisters (the IMF, WTO, & the World Bank,) nations are more reluctant to engage in wars with each other knowing how a war can affectively disrupt their supply chain. With that being said, it is evident that neo-liberalism has also given rise to problems as a result of it's economic philosophy.  Since the rise of neo-liberalism, corporations have seen a considerable increase profits driven in. For example, many corporations have turned to exporting their work forces to overseas nations where they are able to exploit cheap labor. This labor often comes at the cost of the workers mental and physical well being, and sometimes even employs children to do their labor. These unethical practices do not matter to those in charge though, as they are seeing record profits as a result of cutting costs on their labor.

1 comment:

Tyler Scheirer said...

I agree with you that globalization is, for the most part, a good thing. It is evident that the world is more interconnected than ever before but I do not agree that the world is more peaceful than ever. I can see how it may be misleading because no major nations are fighting each other, just as in the Cold War, they are fighting quasi-wars. The war in Ukraine is a direct consequence of the spread of westernization through globalization. Ukraine is backed and funded by the US and the Western world while Russia is backed and funded by China, Iran, and North Korea. The US and the West are fighting for Neo-liberalism and democracy in Ukraine while Russia and its allies are fighting for Socialism and total government control. This same scenario is happening all over the Middle East as well. I would consider these to have mass casualties as hundreds and thousands of people die every day in these conflicts combined.