What is the end result of Globaliztion?

[Goosemaster]

I have heard quite feverish opinions from both proponents and opponets of Globalization on the beginning of globalization, but that's it. I have yet to hear or read an informative explanatory hypothesis about what preceeds initial process Globalization.

It is somewhat common economic knowledge that Japan is showing signs of economic struggle. China is rising steadily in the economic world of production, and this is definitely affecting Japan,and even the US.


Basically, anyone have any ideas on what lies in the future? It seems that the US was the all-kowing and all-wanting Western "buyer" as was Japan in the east. Basically, the money is steadily making its way only to the elite in developed countries, and they are the only customers of goods from rising undeveloped nations?


Basically explain to me what I do not know anything about, as I am quite interested :beer:

 

[ElFenix]

homogenous toil for workers everywhere!

 

[hawkeye81x]

Globalization is a very vague term used to describe most any international linkages.
But as a concept as I learned it, globalization has already progressed quite far and will continue to progress with less regard to what the "people" say/protest against.

Think of it this way, globalization is simply the interconnectedness that permeates between the nations/countries of the world and how they deal with it.
As soon as a country is willing to discuss trade agreements or policy issues, they have already laid the groundwork for expanded globalization.
At this point, globalization is in the the intermediate stage and is likely to stay that way for a very long time simply because the value of independent nations are still a dominant idea in the minds of people. Complete globalization or near complete, is basically the world adhering to free trade and the free movement, essentially eliminating all bounds.

Issues this brings up obviously, is the movement of jobs overseas and the decimation of nature. But remember, globalization as had good qualities like the transfer of aid to poorer nations and even something as simple/complex as the Internet is a reflection of the usefulness of globalization.

 

[MrAwesome]

In theory, globalization ultimately results in a job for everyone and cheap prices for the consumer.

In reality, globalization results in a world ruled by corporations complemented by a skyrocketing demand for kneepads for the common man who will need them to survive the ass ramming done to him by the corporate fat cats.

 

[yllus]

I'm studying for a midterm so I won't go over the entire thing, but here's one:

Little fear of armed warfare. War is bad for Big Business despite what the sons and daughters of hippies think - there's no benefit to stock market uncertainty, price fixing, etc. In an increasingly interconnected world economy it would be hard to politically justify a war with one's neighbour when they may have control of a good chunk of your country's finances.

 

[AlienCraft]

US workers employed in low wage sales clerk jobs selling generic imported crap (that used to be fine U.S. made products) in oversized Mega-Stores.
Little or no small business people as economy of scale prices the Mega-Store wholesale costs below what the small merchant needs to charge to make a profit.
Small family farmers forced to become share-croppers to large corporate entities, such as Archer Daniels Midland, Monsanto, General Foods, et al.
Basically, the end of the world as we know it.
But hey, look at how CHEAP those prices are!!!! :disgust: