If you’ve ever taken a business class, you’ve probably studied globalization and how terrific it is for the world to become linked internationally through commerce. You probably also had two bullet points, if that, about what it does to developing nations. Your book then proceeded to talk about the great globalization, leaving the cries for help from those developing countries limited to those two bullet points:
- Globalization exploits workers in developing nations.
-Globalization lowers wages in developing nations.
I believe firmly in the benefits that come with the unification of the world, but at the same time I am appalled at how so many nations seem to be getting squashed by the movement. What if American business textbooks gave an entire chapter to developing nations to talk about what globalization has done to them? Business would stop.
If I gave you every example of how globalization has destroyed some developing nations, it would be an insufferable, and probably annoying, rant. Here’s one situation explained, and a few others that I might expand upon later. Take my word for it, every story is the same.
Jamaica, the happy-go-lucky nation of free love and reggae. If you’ve ever left the tourist area of other richvacationing folk, the images you saw are probably still in your head. Do you remember the empty and out of commission school buildings, dilapidated and in the middle of nowhere? Do you remember the horrendous infrastructure? Did you see any hospitals? Probably not. The nation is in a shit hole of a condition.
American market influence expanding internationally to Jamaica has created major problems for the nation. Jamaica’s main export would be agricultural products, their comparative advantage. Unfortunately, the United States have stuck their farming produce in the Jamaican marketplace; now, if you want to buy a potato in Jamaica, you would actually save money buying the potato exported from America. The money goes back to the glorious U S of A and Jamaican farming, the industry that is supposed to be their specialty, continues to decline.
http://www.youtube.com/watch?v=Iz7PbU1_O9M —-Iraq was supposed to be helped by global trade, too. This commercial might actually make you laugh.
Other examples of victims in the globalizing movement are Sierra Leone, Guinea, Cuba, Somalia, Honduraus, the Middle East, and so many more. Pick up some books and read about what’s happening to the countries that are ignored in this great age of globalization.
My big point here is this: Globalization is only good for some nations. For others, it means destruction. Unfortunately, those nations are hardly exposed by our business textbooks, who are obviously biased as pro-business writers.
Rant, over.
