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GLOBALIZATION Name Barbara Blokker Date 24-01-2005 Teacher Mr Knol GLOBALIZATION AN OVERVIEW Human societies across the globe have established progressively closer contacts over many centuries but recently the pace has dramatically increased Jet airplanes cheap telephone service email computers huge ocean going vessels instant capital flows all these have made the world more interdependent than ever Multinational corporations manufacture products in many countries and sell to consumers around the world Money technology and raw materials move ever more swiftly across national borders Along with products and finances ideas and cultures circulate more freely As a result laws economies and social movements are forming at the international level Many politicians academics and journalists treat these trends as both inevitable and mostly welcome But for billions of the worlds people business-driven globalization means uprooting old ways of life and threatening livelihoods and cultures The global social justice movement itself a product of globalization proposes an alternative path more responsive to public needs Intense political disputes will continue over globalizations meaning and its future direction Advances in communication and transportation technology combined with free-market ideology have given goods services and capital unprecedented mobility Northern countries want to open world markets to their goods and take advantage of abundant cheap labour in the South policies often supported by Southern elites They use international financial institutions and regional trade agreements to compel poor countries to integrate by reducing tariffs privatizing state enterprises and relaxing environmental and labour standards The results have enlarged profits for investors but offered pittances to labourers provoking a strong backlash from civil society Traditionally politics has been undertaken within national political systems National governments have been ultimately responsible for maintaining the security and economic welfare of their citizens as well
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