Globilization
By: Victor • Research Paper • 536 Words • January 9, 2010 • 822 Views
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The globalization movement is one of great complexity and controversy. The main idea of globalization is to expand businesses and products throughout the world. The trend toward globalization is a morally desirable one, which has produced and will continue to produce economic benefits for people throughout the world in many aspects. However, with respect to the free trade aspect, the active participation of business can do more harm than good.
Implementing free trade policies can leads to an increase in poverty. This is true because millions of companies are outsourcing and exploiting smaller foreign countries to take advantage of cheap labor. Although some efforts are being made, these corporations, in some instances, cannot control child labor, health safety and environmental requirements, or workers compensation laws in other countries. This form of outsourcing also decreases business activity in America and does not promote internal economic support. As a result, millions of Americans will be left out of work. In addition to those individuals, there are also several more that “have to accept lower wages so their employers can compete with low-wage foreign producers (Brown, Dorgan A21).”
Who benefits from these standards one may ask? The answer is simple, corporate executives. They are neglecting their social responsibilities and deceiving the general population to achieve one goal; maximizing profits. The issue of free trade should be exposed and the laws need to be reevaluated from a moral stand point. The American working class is being sold out by workers in countries that have no support for human or even environmental rights.
Supporters of globalization believe there is a great potential for growth in smaller countries and an opportunity to “level the playing field” world wide. Of course it sounds nice, but how often do you see a basketball game without a referee? There has to be a tax regulation, a global standard of work conditions, and a competitive level of compensation, to ensure the American people are not left on the street. In a recent debate, Republican Presidential candidate Mike Huckabee expressed his concerns saying, "If somebody in the presidency doesn't begin to understand that we can't have free trade if