Globalization: Income Inequality In The United States

While it is good for manufacturing to be able to create goods at the lowest possible expense, the humanitarian implications are a detrimental factor. Even with the opportunities in the United States, after “20 years they (are) much more likely to live in poverty, lack health insurance, and access the welfare system than are native-born Americans.” Although the standard of living for arriving immigrants maybe be better than their home countries, this does not mean that they on an entirely equal spectrum with citizens of the country. Technology needed for globalization has allowed companies to immensely profit while increasing the gap between the rich and the poor. Income inequality has risen along side the development of globalization. This is not necessarily attributed to the economic policy of globalization, but from the flourishing technology industry that was made to help facilitate globalization. Information and communication technology have made diplomacy possible between countries, but also decreased the demand for unskilled labor. These innovations have allowed globalization to be successful, but also put a strain on the value and need of unskilled labor. Cultural globalization is suppose to be a means to share traditions with others in the world, but as resulted in cultural blending. This means that young people in …show more content…
In the United States, as well as Europe, populist political movements are now fighting for protectionism of national markets. These events include the United Kingdom’s decision to exit the European Union, the United States’ election of Donald Trump, and the rising protectionism leaders in Europe. Although there are exceptions to this trend, countries of high influence are moving away from globalization, and it is a sign that this economic model will not continue into the 21st