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GlobalizationEffects
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Profile
 
Channel Views:
92,374
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News
Joined:
Mar 18, 2009
Last Visit Date:
5 days ago
Subscribers:
1,385
About Me:
 
Globalisation: Threat or Opportunity?

Among the many definitions of globalization, I chose one, it seems balanced to me. No? Do not you agree? Have your say thanks..

"Globalisation is transforming trade, finance, employment, migration, technology, communications, the environment, social systems, ways of living, cultures, and patterns of governance. The growth of technology and globalisation mutually reinforce each other. Much of the process of globalisation is historically not unprecedented, but the technology, the setting, the absence of a single dominant centre, and certain features such as the replacement of trade of raw materials for manufactured products by largely intra-sectoral trade, are new. International interdependence is growing, and to some extent and partially, so is international integration. But it is accompanied by disintegration and fragmentation of other parts. Partial international integration (mainly of the elites), without global policies, leads to national social disintegration. Is globalisation a threat to humanity or an opportunity? A tentative balance sheet is drawn up. Markets, to be efficient, have to be embedded in a framework that enables their productive potential to flourish and to be used for socially and ecologically sustainable development. The reduced power of national governments combined with the spread of world-wide free markets and technological innovation without a corresponding authority to regulate them and hold them accountable has contributed to the marginalisation of large regions and groups of people. The state has become to some extent ungovernable, while the global society is ungoverned. Unemployment, poverty, inequality and alienation are increasing, partly (though not solely) as a result of this process. Crimes, drugs, terrorism, violence, civil wars, diseases, and environmental destruction are also becoming globalised. In the struggle of international competition capital, technology and high skills dominate the more readily dispensable factors unskilled labour and the environment. Cost reductions are carried out and labour and nature suffer."


Paul Streeten (Boston University, USA.)
Country:
United States
Channel Comments (490)
funsoulgirl (9 hours ago)
Having a fab time here in London – hope you’re well. Love the channel!
BusinessinThailand (6 days ago)
great channel, very informative. keep it up.
Kimboalogo7 (1 week ago)
Good info ....subbed...thanks
kathmandau (2 weeks ago)
Your daily life is your temple and your religion.-- Kahlil Gibran

May you take the peaceful resonance of your innermost sanctuary into the temple with you this day, my friend.
blessings,
CG
BlakeBarbieDoll (2 weeks ago)
Thank you for the friend invite.

I gladly accepted it!
bongwaterpublishing (2 weeks ago)
check out the music
ECOSUSTAINABLELIVING (2 weeks ago)
thanks for connecting just subbed
bornbythesea (2 weeks ago)
"Out of the cities! Out of the cities! Out of the cities!" Ellen White.
From the book The Great Controversy. Also look at these vital books:
Secret History of the Jesuits and National Sunday Law at reg6.com.
missreggae1luv (2 weeks ago)
Awesome channel! Thanks for connecting with me!
investgreen (2 weeks ago)
awesome videos just subbed
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