Globalization and its impact on society

people crossing the street

We live in a world that’s unrecognizable for only one generation before us. Our globe evolved from a flat disk into a global playground for humankind. Hence a word that didn’t exist not that long ago: Globalization.

Globalization is a hot topic, and not only on TV channels. Even in classrooms around the world, all we hear is globalization.

And why not? It’s hard to come up with an original angle. Countless texts on globalization already, right? So, in looking for a fresh approach, we can use all the examples we can lay our hands-on.

Now, a brief word or two on defining the term globalization, before we dive into the impact on our local life and global society.

What do we understand under globalization?

That the actual term “globalization” is a relatively new word in our dictionaries, doesn’t mean it just happened overnight.

But certainly, the scale has exploded in the last decades. From the colonization of a few countries to the world is our oyster.

When, for example, the United East India Company took over Indonesia and started to use its assets for trading, the Dutch were only “modestly ambitious”.

Even so, we witnessed an enormous impact on the local culture, economics, and society in general.

How much more is this the case now that the entire planet has become one huge plantation? Interdependence is taken to a whole new level.

Globalization influences the world’s economies, cultures, and populations. Merged by exchanging goods and services, technology, flows of investment, people, and information.

Exchange for money that is. Globalization is economically driven. The goal is simple: making a trade (doing business) easier and more profitable. The effects on societies – or should we say The society – are the opposite of simple.

Issues with globalization

People believed in the unlimited exchange of goods on an international scale. This would decrease poverty and increase the general wealth (as in including the wellness).

The society with natural resources (the raw material) would develop. Economically, and even morally. So, this theory was based on goods and the cost of production.

If it’s cheaper to find the goods abroad, and the production costs are less, it’s better to import the finished product.

In real life, cheap laborers work their butts off for dollar cents. The cost of labor wasn’t taken into consideration. And that’s what affects individual workers. Their government will thrive though.

Impact on culture. No Einstein needed to explain a traditional local culture can’t survive globalization. It will get absorbed by the newly created global culture.

Once cells form a body, they lose their individual recognition. We say a forest, and not a collection of trees…
 
Continue reading the article and learn more about globalization on Life Is An Episode website.
 
 

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