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Globalization Causes Overpopulation and Job Loss

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Globalization Causes Overpopulation and Job Loss

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Globalization causes people to travel from country to country in search of jobs and/ or a better lifestyle. 41 million immigrants have come to the United States over the last two decades.  Illegal Immigrants and others are all crowding into a country as jobs are moving overseas. Companies want to move into countries where they don't have to pay workers as much, so they relocate to foreign places. The job market in the U.S. if teeming with workers who are willing to have lower pay. This makes the quality of life and the quality of goods decrease.

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Globalization Can Damage our Environment

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Globalization Can Damage our Environment

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This video talks about the bad effects that globalization has had on the environment. First of all, the increasing population on earth has caused more and more land to be cultivated. Rain forests have been cut down and cleared. As the population grows, we need to make and consume more. We then start to use more and more resources such as water and fossil fuels. People have started using more energy because of globalization. This causes climate change to occur. There is a cycle of efficiency and ultimately things just keep getting more efficient and less expensive. Efficiency makes things cheaper, which makes them easier to buy, which makes the demand increase, then that increases efficiency, and the cycle continues. Each time we become more efficient with something we release more harmful fossil fuels or we use more resources.

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Globalization II - Good or Bad?: Crash Course World History #42

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Globalization Causes Companies' to be Neglectful and Cannot Protect Copyright

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Globalization Causes Companies' to be Neglectful and Cannot Protect Copyright

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In this article, many cons are stated; however, I am only going to mention some arguments. One con for globalization is the fact that companies located in different countries around the world are becoming unjust on social issues that affect workers and the environment. Employees are working in unhealthy and unsafe conditions for very little money. The article also states we risk other countries copying or stealing our technology and inventions as we become more globalized. You can't ensure that your inventions are safe in countries that don't recognize copyright.

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A story in the Washington Post said "20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers would have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish."

There is no question that globalization has been a good thing for many developing countries who now have access to our markets and can export cheap goods. Globalization has also been good for Multi-national corporations and Wall Street. But globalization has not been good for working people (blue or white collar) and has led to the continuing deindustrialization of America.

Globalization is a complicated issue. It is necessary to evaluate the pros and cons before drawing any conclusions.

Pros

Supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty.

1. Free trade is supposed to reduce barriers such as tariffs, value added taxes, subsidies, and other barriers between nations. This is not true. There are still many barriers to free trade. The Washington Post story says "the problem is that the big G20 countries added more than 1,200 restrictive export and import measures since 2008

2. The proponents say globalization represents free trade which promotes global economic growth; creates jobs, makes companies more competitive, and lowers prices for consumers.

3. Competition between countries is supposed to drive prices down. In many cases this is not working because countries manipulate their currency to get a price advantage.

4. It also provides poor countries, through infusions of foreign capital and technology, with the chance to develop economically and by spreading prosperity, creates the conditions in which democracy and respect for human rights may flourish. This is an ethereal goal which hasn't been achieved in most countries

5. According to supporters globalization and democracy should go hand in hand. It should be pure business with no colonialist designs.

6. There is now a worldwide market for companies and consumers who have access to products of different countries. True

7. Gradually there is a world power that is being created instead of compartmentalized power sectors. Politics is merging and decisions that are being taken are actually beneficial for people all over the world. This is simply a romanticized view of what is actually happening. True

8. There is more influx of information between two countries, which do not have anything in common between them. True

9. There is cultural intermingling and each country is learning more about other cultures. True

10. Since we share financial interests, corporations and governments are trying to sort out ecological problems for each other. - True, they are talking more than trying.

11. Socially we have become more open and tolerant towards each other and people who live in the other part of the world are not considered aliens. True in many cases.

12. Most people see speedy travel, mass communications and quick dissemination of information through the Internet as benefits of globalization. True

13. Labor can move from country to country to market their skills. True, but this can cause problems with the existing labor and downward pressure on wages.

14. Sharing technology with developing nations will help them progress. True for small countries but stealing our technologies and IP have become a big problem with our larger competitors like China.

15. Transnational companies investing in installing plants in other countries provide employment for the people in those countries often getting them out of poverty. True

16. Globalization has given countries the ability to agree to free trade agreements like NAFTA, South Korea Korus, and The TPP. True but these agreements have cost the U.S. many jobs and always increase our trade deficit

Cons

* The general complaint about globalization is that it has made the rich richer while making the non-rich poorer. "It is wonderful for managers, owners and investors, but hell on workers and nature."

* Globalization is supposed to be about free trade where all barriers are eliminated but there are still many barriers. For instance161 countries have value added taxes (VATs) on imports which are as high as 21.6% in Europe. The U.S. does not have VAT.

* The biggest problem for developed countries is that jobs are lost and transferred to lower cost countries." According to conservative estimates by Robert Scott of the Economic Policy Institute, granting China most favored nation status drained away 3.2 million jobs, including 2.4 million manufacturing jobs. He pegs the net losses due to our trade deficit with Japan ($78.3 billion in 2013) at 896,000 jobs, as well as an additional 682,900 jobs from the Mexico -U.S. trade-deficit run-up from 1994 through 2010."

* Workers in developed countries like the US face pay-cut demands from employers who threaten to export jobs. This has created a culture of fear for many middle class workers who have little leverage in this global game

* Large multi-national corporations have the ability to exploit tax havens in other countries to avoid paying taxes.

* Multinational corporations are accused of social injustice, unfair working conditions (including slave labor wages, living and working conditions), as well as lack of concern for environment, mismanagement of natural resources, and ecological damage.

* Multinational corporations, which were previously restricted to commercial activities, are increasingly influencing political decisions. Many think there is a threat of corporations ruling the world because they are gaining power, due to globalization.

* Building products overseas in countries like China puts our technologies at risk of being copied or stolen, which is in fact happening rapidly

* The anti-globalists also claim that globalization is not working for the majority of the world. "During the most recent period of rapid growth in global trade and investment, 1960 to 1998, inequality worsened both internationally and within countries. The UN Development Program reports that the richest 20 percent of the world's population consume 86 percent of the world's resources while the poorest 80 percent consume just 14 percent. "

* Some experts think that globalization is also leading to the incursion of communicable diseases. Deadly diseases like HIV/AIDS are being spread by travelers to the remotest corners of the globe.

* Globalization has led to exploitation of labor. Prisoners and child workers are used to work in inhumane conditions. Safety standards are ignored to produce cheap goods. There is also an increase in human trafficking.

* Social welfare schemes or "safety nets" are under great pressure in developed countries because of deficits, job losses, and other economic ramifications of globalization.

Globalization is an economic tsunami that is sweeping the planet. We can't stop it but there are many things we can do to slow it down and make it more equitable.

What is missing?

Leadership - We need politicians who are willing to confront the cheaters. One of our biggest problems is that 7 of our trading partners manipulate their currencies to gain unfair price advantage which increases their exports and decreases their imports. This is illegal under WTO rules so there is a sound legal basis to put some kind of tax on their exports until they quit cheating.

Balanced Trade - Most of our trading partners can balance their trade budgets and even run a surplus. We have not made any effort to balance our trade budget and have run a deficit for more than 30 years resulting in an $11 trillion deficit. The trade deficit is the single biggest job killer in our economy, particularly manufacturing jobs. We need the government to develop a plan to begin to balance our trade deficit even though this is not a political priority in either party.

Trade Agreements - Both the NAFTA and the South Korean Korus trade agreements might have been good for Wall Street and the multi-national corporations but they eliminated jobs in America and expanded our trade deficit. The upcoming Trans Pacific Trade Agreement will do the same thing and Congress should not fast track this bad agreement for a dozen reasons.

Enforcing the rules - China ignores trade rules and WTO laws with reckless abandon. Besides currency manipulation they subsidize their state owned companies to target our markets, and provide funding to their state owned companies that dump their products in America. They also steal our technologies, sell counterfeit versions of our products, and impose tariffs and other barriers anytime they want - as we do nothing to stop them. China does not deserve to be on our most favored nation list and we need to tax their exports to us until they stop these illegal activities.

What is good for third world countries, like Kenya, or countries with tremendous growth, like China, has not been good for American workers. Globalization is deindustrializing America as we continue to outsource both manufacturing blue collar and white collar jobs. Supporters of globalization have made the case that it is good because it has brought low priced imported goods, but they have not matched the decline of wages in the middle class and will not offset the loss of many family wage jobs

Globalization is like being overwhelmed by a snow avalanche. You can't stop it - you can only swim in the snow and hope to stay on top. I would like to make the argument that the US should try a lot harder to swim in the snow and stay on top. We can't stop globalization but there are many policies and strategies we can use to make it more equitable. We can enforce the trade laws, force the competition to play by the same rules, and stop giving our competitors the tools (technology and R& D) to ultimately win the global war.

Mike Collins is the author of Saving American Manufacturing. His website is www.mpcmgt.com.

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A story in the Washington Post said "20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers would have their pick of inexpensive items made by people thousands of miles away whose pay was [...]

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Globalization Positively Impacts Exports, Poverty, and Migration

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Globalization Positively Impacts Exports, Poverty, and Migration

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This video talks about the good effects of globalization. It brings up that globalization has increased the amount of goods and services that countries export around the world. Second, moving jobs to countries with lower wages allows people to live in better conditions than they did previously. People have escaped poverty and have been able to support themselves and their families. By making products in foreign countries, businesses give them money so their lives are more prosperous and healthy. Also, globalization has allowed people to migrate. Some people will work in foreign nations and send their money home to family members. Migration also has an effect on cultures. As people travel from place they bring their customs and cultures along with them. Different subjects such as food, art, and music are spread from country to country. Globalization, for example, allows other countries to enjoy American films, music, and TV shows all around the world. Movies, books, and other aspects of entertainment are translated to different languages for people worldwide.

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Globalization I - The Upside: Crash Course World History #41

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Globalization Helps the Middle- Class and the Poverty Level

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Globalization Helps the Middle- Class and the Poverty Level

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The article addresses the fact that poverty levels have decreased because of globalization. As developing countries become more involved in world economies, their poverty levels begin to drop. More developed countries began investing and trading with the developing countries. This cooperation led to many people getting jobs and escaping poverty. Another topic that is mentioned in the article is globalization's effect on the middle- class. Because of globalization, poverty levels have decreased. As a result, developing countries have seen an increase in their middle- class. Countries such as China and Brazil have experienced a growing middle- class in past years. The millions joining the middle-class are responsible for the increase in the use of goods and services. These people have helped national and global economies.

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The world has experienced rapid globalization in the last few decades. Both developed and developing countries are increasingly participating in globalization and becoming part of the global village. The world economy has increased significantly and countries all over the world, whether developed or developing, have seen the size of their national economies grow. Even though globalization has been beneficial for the world economy, it has led to the emergence of certain problems in different parts of the world and in both developed and developing countries.

Globalization has had a tremendous positive impact on poverty reduction. The increasing integration of developing countries to the world economy has led to a reduction in extreme poverty. According to the World Bank, 52 per cent of people living in developing countries lived in extreme poverty in 1981. By 2011, this has decreased to only 17 percent. Large developing countries like India and China experienced rapid decreases in extreme poverty. While China experienced rapid economic growth due to globalization, it lifted 680 million people out of extreme poverty between 1981 and 2001. The significant reduction in poverty in the developing world shows the beneficial effect of globalization on poverty reduction. Globalization opened up developing countries to the world economy. Developing countries experienced substantial inflow of foreign direct investment, technological inflow and the opportunity to serve a substantial customer base in the developed countries. This led to the setting up of factories and companies that employed increasing number of workers and helped them to move out of poverty.

The last few decades have been characterized by the emergence of a growing middle class in the developing countries. This has especially happened in the fast growing developing countries like Brazil and China. Over the last few decades, hundreds of millions of people have joined the middle class and have been a significant driver of consumption of goods and services. Even though the definition of the middle class varies between countries, especially between developed and developing countries, the sizable middle class in the large developing countries like Brazil, Indonesia, India and China have become substantial drivers of national, regional and the global economy. Globalization that fosters international trade and helped increase GDP of the developing countries, have helped sizable portion of the population in developing countries to join the ranks of the middle class.

The citizens of developed countries have benefited from globalization through the purchase of goods and services produced in developing countries. From apparels manufactured in countries like Vietnam and Bangladesh to smartphones and televisions manufactured in China have become increasingly available to the population of the developed countries. The manufacture of these goods and services in low-wage developing countries reduce the manufacturing costs and, ultimately, the prices of these goods and services to their consumers in developed countries. As the consumers pay relatively low prices for these goods and services, their real income may have increased. The developed country consumers enjoy a wide variety of goods and services at relatively low prices that may have improved their standard of living. Therefore, globalization has benefited the consumers of the developed countries.

The companies of the developed countries have gained from increased trade and globalization. These companies, often multinationals with headquarters in developed countries, have made significant inroads to the developing countries' markets and cater to the needs and demands of their growing middle class. Food products, electrical equipments, automobiles, etc. are being increasingly consumed by the population of the developing countries, leading to substantial demand for the goods and services produced by developed countries' companies. This has led to increases in the sizes of these companies; the companies have more production, higher revenues and profits, benefiting their shareholders. In certain cases, this may have actually increased employment in certain sectors in the developed countries. At the same time, some companies from developed countries produce in developing countries that offer relatively low-wage workers. This has helped the companies to reduce their manufacturing costs and boost their revenues as well as profits. Therefore, globalization has been beneficial for the companies of the developed countries in two ways; it has allowed them to access new markets and manufacture products in low-wage developing countries. Also, increasing demand from the middle class in developing countries may have led to increases in production and, consequently, employment in certain sectors in the developed countries.

Globalization has benefited both developed and developing countries in many ways. The economies of developed and developing countries have significantly grown in the last few decades. Large, developing countries like the BRICS have enormously benefited from globalization while the economies of developed countries have grown substantially. However, globalization has led to the emergence of some problems in both developed and developing countries. The rapid industrialization in developing countries has led to increased environmental pollution and unplanned urbanization in some of the developing countries. Many of these developing countries are faced with polluted rivers and air. This has led to increased sickness among their citizens which raise their healthcare spending. Again, globalization may sometimes lead to increased exploitation of workers in developing countries. As businesses seek lower production and labor costs, the workers in developing countries become increasingly vulnerable to exploitation in terms of long work hours, low wages and, sometimes, risky work environments.

Developed countries are also encountering certain problems due to globalization. International trade and globalization has allowed manufacturing companies to move their production from developed countries to developing countries to take advantage of lower labor costs. The shift of manufacturing out of developed countries has led to loss of manufacturing base in the developed countries. This deindustrialization has adversely affected certain regions that were more reliant on manufacturing like Detroit. Again, Ontario has also experienced a decline in its manufacturing base. Most developed countries have experienced steady decline in their manufacturing bases. This has led to decrease in manufacturing output and employment in the developed countries. The loss of manufacturing base, especially that support vital industries, may have deleterious impact on a country.

It is not only manufacturing that has been moved overseas but also certain services have been relocated to developing countries. Back office work and call centers have been outsourced to developing countries that offer lower labor costs. The outsourcing of certain types of services and manufacturing have led to decrease in employment in these sectors. The people who were previously employed in manufacturing become unemployed. Even though many make a successful transition to other occupations, some may get stuck in unemployment. Also, the loss of relatively low-wage call center positions and back office jobs may have increased unemployment. Therefore, globalization has played a negative role on the employment scenario in developed countries. It led to loss of employment among the lower income group and the middle class in developed countries. As many people in the lower income group have less education and fewer opportunities for retraining, it may lead to their long-term unemployment.

Again, globalization may have played a role in the emergence of poverty in developed countries. When people in the lower income group experience long-term unemployment, they may slip into poverty. While the poverty rate has remained between 12 to 15 percent in the last few decades in the U.S., the number of people living in poverty actually increased. The same trend is observed in the U.K.. Therefore, globalization may have played a role in increased unemployment and higher number of people living in poverty in the developed countries.

Another adverse impact of globalization may be wage stagnation in the developed countries. The wages of people belonging to the lower-income group and the middle class did not significantly increase in the last few decades as some of their occupations have been increasingly under threat of being outsourced to developing countries. The availability of low-wage workers in developing countries may have acted as a hindrance for the rise in wages of lower-income and middle class workers in developed countries. Any potential rise in their wages may encourage a business to relocate its production or service unit to a developing country and take advantage of competitive wages. Therefore, globalization may have contributed to wage stagnation in the developed countries, especially for the lower-income and the middle class. The wage stagnation may have adversely affected poverty in the developed countries. A study by Joseph Rowntree Foundation revealed that there are more working families living in poverty than non-working ones in the UK. This indicates that globalization may play a role in the emergence of low-wage employment and stagnant wages in the developed countries that again lead to increase in poverty.

Globalization has had a mixed impact on both developed and developing countries. Even though it has been beneficial in certain ways, there are significant shortcomings of unharnessed and unfettered globalization. The issue of environmental degradation caused by rampant industrialization in developing countries need to be addressed. Globalization has to become more inclusive so that it protects the workers of developing countries from exploitation while encouraging employment opportunities and wage increases among the workers in the middle class and lower-income groups in the developed countries. The loss of jobs due to offshoring and outsourcing that has characterized developed countries in the last few decades need to be stemmed or reversed for globalization and international trade to be politically popular among the people in the developed countries. Only when the fruits of globalization are enjoyed by the wide spectrum of citizens in both developed and developing countries will globalization remain popular and be sustainable in the long run.

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Globalization Is Only a Good Thing If It Benefits All Groups of Society

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The world has experienced rapid globalization in the last few decades. Both developed and developing countries are increasingly participating in globalization and becoming part of the global village. The world economy has increased significantly and countries all over the world, whether developed or developing, have seen the size of their national economies grow.

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Globalization Benefits Companies and Citizens of Different Countries

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Globalization Benefits Companies and Citizens of Different Countries

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Globalization causes companies to move their operations to foreign countries where labor is cheaper. This benefits citizens and companies of developed nations. It benefits the consumers because labor costs are cheaper therefore, the company will sell the product at a cheaper price. The business won't spend as much on labor because they moved overseas, so products can be put on the market for less money. Globalization also helps workers of developing nations. Sometimes it can be hard to find work in poorer countries, so when big companies move to developing nations it can help the people. The citizens can get work and can provide for families. They now have money to survive and take care of themselves.

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These sources argue that globalization has made the world worse

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These sources argue that globalization has made the world better