Essay on The Positive and Negative Effects of Globalization

1571 Words Oct 10th, 2011 7 Pages
The Positive and Negative Effects of Globalization

Is Globalization ultimately positive or negative, or somewhere in between? I believe it depends on who you ask the question, and how it affects their life. For myself, I can’t get passed the negative way it has impacted my life and others around me in the same situation. Those of us who have lost our jobs and livelihood and are now labeled as “the long term unemployed” have seen our jobs eliminated and outsourced overseas; find it hard to feel positive about globalization. Watching families lose their homes and children going hungry is a disgrace considering we are the greatest country in the world. Maybe we are our own worst enemies to a degree. The collapse of our economy is
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“It has been the most successful prosperity and anti-poverty movement in modern history.” ˡ Some of the advantages of globalization include – businesses are forced to be competitive on a global scale which allows the market place to work and gives consumers a better advantage. Politicians can no longer protect businesses. They have to compete with foreign businesses whether they like it or not. Labor in a country will stay with a market sector they are good at. American labor can focus on something more beneficial if China is better at manufacturing. Consumers can get the best products for the best prices. They can purchase items of the same quality for less cost from China. Before globalization China and India were poor countries with a poor standard of living. Now everyone grows more prosperous. These countries are economically booming. These are the positive effects of globalization. “It is a movement that is pro-free trade, pro-prosperity and anti-poverty. It is helping the developing world raise its standard of living as well as raising the standard of living in the developed world.” ˡ
In terms of the positive impact globalization has had on employment, companies have ventured to developing countries producing employment opportunities for them. This is one of the positive and negative effects of

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