Week 2 Blog Post

     Globalization is generally seen as good but, it does have its flaws. These flaws are not binary but rather things that blend together. The biggest of these flaws is the globalization of neoliberalism. Neoliberalism is the idea that government should have no influence on the economy as no interference would allow for the best preforming economy. As such ideas were spread worldwide, many see this as forced imperialism by the west. The leading nations of neoliberalism were the United States and the United Kingdom. The interconnection between countries is greatly increased in neoliberalism. An example of how interconnected areas can be is through the manufacturing process. Looking at products such as automobiles, clothing and electronics, we can see that they are usually made somewhere else other than the US as labor in these places are cheaper. Because the labor is cheaper, it allows for the markets to flourish as the price of items stays relatively low. Flipping this idea around, powerful nations like the US rarely care about the workers in the manifacturing country which leads to high poverty rates in said places.  Overall I think globalization is typically a good thing as it brings new views to areas far away such as neoliberalism as well as allowing for more interconnection between countries. This can been seen through groups such as the WTO, IMF, and the World Bank. All three of these groups aim to make countries dependent on each other to make a more efficient global economy while also limiting conflicts as it would disrupt the economy as a whole. An example of this system in motion was depicted in the film "No Logo". "No Logo" talks about how Nike has never made a shoe but rather designs them and contracts the manufacturing process out to factories with low labor costs. This in turn makes Nike, a US company, dependant on an Asian country to produce their goods as well as making the Asian factory dependant on Nike to provide jobs.