Globalization: Stealing From the Poor

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Globalization: Stealing From the Poor Globalization encompasses many themes such the emerging unified global culture, political ideas, and diminishing practice of isolationism. Globalization is an active process of cross-border facilities and economic connections that has been progressively increasing throughout decades and arguably centuries. The concept of Globalization is often surrounded by terms such as: free trade, cheaper goods, increased capital, and technology improvement. These are all positive outcomes of globalization, but at what price? The means of progress and the increasingly powerful economic-political regime are causing a threat to progressive ends of a global community. Globalization has allowed for the wealthy to become wealthier and the powerful to have more control. This claim is hard to see because of the strong success of the American Economy after WWII. This was when the American economy was at its peak, and as a great power America and the other great powers had the ability to gain significant control over international trade policies. This control of capital by the great powers is why the capital has been increasingly flowing into the pockets of the wealthy members of the international community. The American economy saw a 35 percent increase in productivity between 1973 and 1995, while the gap in income between the 20 percent of the world’s population in the richest and poorest countries grew from 30 to 1 in 1960 to 82 to 1 in 1995 (Herman 2). This shows that the increase productivity does not benefit the global community it is only the great powers exploiting the Third World for their own economic benefit. Supporters of globalization would argue that it provides income and stability for many Third World countries. They most often use the examples of China and India because of their significant economic growth rate after
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