As an inhabitant of this world, we may be asked the question; “To what extent does globalization contribute to sustainable prosperity for all people.” This is a question that not many people can answer, while some will provide a vague definition of either globalization or sustainability that is off topic. This just shows how naïve we are to the world around us. As global citizens, I believe we should be more knowledgeable and have a broader understanding of events happening around the world. If people became more knowledgeable and understanding, they would see that there is more than meets the eye to these global issues, but more so that citizens would be able to help those in need and the environment stay sustainable for future generations. The negative effects of globalization impact more than just the countries affected, it concerns the whole world and everybody on it. Globalization is leading the wealthy to become wealthier, and the poor to become poorer. It’s part of human nature to want more than what he/she possess, therefore never leaving us satisfied. In order to fully achieve sustainable prosperity for all generations, we as individuals, communities, transnational corporations and governments must consider and accept the consequences that come with our actions and correct them. Globalization is taking a huge toll on the way we treat the world around us, but we shouldn’t let it influence each and every decision, and every action we make. Globalization has broadened the trade network, which has enabled certain individuals to gain more wealth. When they are already wealthy, they slowly want to acquire more ad more wealth. This leads to obtaining more goods than needed, to sell and gain more money. An example of this is maquiladoras in Mexico where foreign-owned plants are making goods to be exported to the United States. Transnationals that operate in maquiladoras include BMW, Honda, Volkswagen, Nissan, Ford, and Fisher Price to name a few. Maquiladoras are used for a reason because labour is cheap, which means reduced production costs and more profit. Speaking of transnational corporations, many of these corporations work hard to preserve a clean public image for their company, but behind the well-built propaganda, are many lies.
…show more content…
It’s not out of the norm in business companies to deceive and lie to their consumers to earn both their loyalty and trust. For these companies, keeping their stock prices up, or having money consistently flow is their main goal. To do this, they save money by using cheap labour and making low quality goods. Even in a fully developed nation, Wal-Mart still makes a statement. This company has no workers union, thus leading to their workers being paid minimum wage and having absolutely no health care benefits. Instead, the money that Wal-Mart saves goes to paying for 24-hour Anti-Union hotlines, Anti-Union camera packages for every store, undercover spy vans, and rapid response teams with a private corporate jet. In total this is about $7,100,000. I don’t think this is a very good way to spend the money, which could have gone to helping a workers family who needed those few extra dollars. This is not sustainable prosperity, this is just a waste. To this company, the money spent on preventing unions is money well spent, as long as they are consistently earning money. This perfectly shows how companies do not look ahead far enough into the future to see the effects of not providing a sustainable prosperity. Governments are a complicated topic. They have certain motives in mind that would benefit the country and its people, yet behind the good will, there always seems to be a hidden objective. I believe there may be many reasons for them to have this mindset like greed, power, good public image, and other factors all to do with benefiting themselves. Globalization is just a contributing factor to speed up the process of gaining whatever it is they are after. Cleaning up the land around the oil sands? If you really thought it was because the government actually cared about the health of the environment and people, enough to tell the companies to ‘take action’, let me tell you a different view. I believe it was done to get the citizens off of their backs, so that we continue to support
It’s not out of the norm in business companies to deceive and lie to their consumers to earn both their loyalty and trust. For these companies, keeping their stock prices up, or having money consistently flow is their main goal. To do this, they save money by using cheap labour and making low quality goods. Even in a fully developed nation, Wal-Mart still makes a statement. This company has no workers union, thus leading to their workers being paid minimum wage and having absolutely no health care benefits. Instead, the money that Wal-Mart saves goes to paying for 24-hour Anti-Union hotlines, Anti-Union camera packages for every store, undercover spy vans, and rapid response teams with a private corporate jet. In total this is about $7,100,000. I don’t think this is a very good way to spend the money, which could have gone to helping a workers family who needed those few extra dollars. This is not sustainable prosperity, this is just a waste. To this company, the money spent on preventing unions is money well spent, as long as they are consistently earning money. This perfectly shows how companies do not look ahead far enough into the future to see the effects of not providing a sustainable prosperity. Governments are a complicated topic. They have certain motives in mind that would benefit the country and its people, yet behind the good will, there always seems to be a hidden objective. I believe there may be many reasons for them to have this mindset like greed, power, good public image, and other factors all to do with benefiting themselves. Globalization is just a contributing factor to speed up the process of gaining whatever it is they are after. Cleaning up the land around the oil sands? If you really thought it was because the government actually cared about the health of the environment and people, enough to tell the companies to ‘take action’, let me tell you a different view. I believe it was done to get the citizens off of their backs, so that we continue to support