Essay on The Globalization of Greed
The corporations’ direct power over the undeveloped nations results in draining local communities and putting an end to cultural diversity. The diminishing local community eventually forces everyone to leave local work and join production at these large scale companies in order to be able to provide for their families consequently as the standard of livings steadily inclines. A fast fix to poverty you might say, but what many do not realize is the lives of an entire communities and even nations now lie in the hands of corporations. Corporations can easily control the people of those societies, for their local business have been destroyed making work at the big plant in town their only option. This creates an ethical dilemma between profits and people. Globalization by large corporations not only affects the people but also has consequences on larger concerns such as the environment, correspondingly affecting everyone worldwide.
As a result resources are being diminished in the local communities because there is simply no one left to produce the products for