Will globalization help raise the living standards of the average person in Third World countries?
372144
This is what it is doing. We outsource jobs to India,China,etc. for lower store prices on stuff and profits, this raises those countries economy faster then normal then they need more oil and then the demand shoots up and we pay $3.00gal so did we save any money in the store
1159805
Eventually US jobs will be nothing but low paying service jobs. Globalization will accelerate this.
124194
Better distribution of wealth through foreign aid, openness in government, and health care and education for all people.
209230
Your question is to confusing. Are you talking about how the the military helps in globalization?\n\n2 points for me
36052
Globalization\nThe tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe and thereby increase the interconnectiveness of different markets.\n\nInvestopedia Says: In general, globalization is seen as making the world one community. The advantages and and disadvantages of globalization has been debated and scrutinized heavily in recent years. Proponents say that it helps Second and Third World nations catch up much faster through increased employment and technological advances. Opponents of globalization say that it reduces national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper.\n\n\n"Globalization" can mean:\n\nThe formation of a global village — closer contact between different parts of the world, with increasing possibilities of personal exchange, mutual understanding and friendship between "world citizens", and creation of a global civilization. The World Bank defines globalization as the “Freedom and ability of individuals and firms to initiate voluntary economic transactions with residents of other countries”. \nEconomic globalization — there are four aspects to economic globalization, referring to four different flows across boundaries, namely flows of goods/services, i.e. 'free trade' (or at least freer trade), flows of people (migration), of capital and of technology. A consequence of economic globalization is increasing relations among members of an industry in different parts of the world (globalization of an industry), with a corresponding erosion of National Sovereignty in the economic sphere. The IMF defines globalization as “the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, freer international capital flows, and more rapid and widespread diffusion of technology” (IMF, World Economic Outlook, May, 1997). \nThe negative effects of for-profit multinational corporations — the use of substantial and sophisticated legal and financial means to circumvent the bounds of local laws and standards, in order to leverage the labor and services of unequally-developed regions against each other. \nThe spread of capitalism from developed to developing nations. \n"The concept of Globalisation refers both to the compression of the world and the intensification of consciousness of the world as a whole" - Roland Robertson \nIt shares a number of characteristics with internationalization and is used interchangeably, although some prefer to use globalization to emphasize the erosion of the nation-state or national boundaries.\n\nGlobalism, if the concept is reduced to its economic aspects, can be said to contrast with economic nationalism and protectionism. It is related to laissez-faire capitalism and neoliberalism.
631042
I think equality of life may be achieved to an extent, but it won't be total.\n\nLook at Sweden and Norway. People in those countries have a very good standard of living and there are few poor. If you applied their model of living to the world, you might get somewhere.\n\nHowever, whilst you have the super rich, war barons, power hungry people AND super poor people who will be exploited...then it is unlikely to occur.\n\nFrance is a good model on how to overthrow the rich. The work force strikes and has many protests and industrial disputes. They killed their ruling class in the 1700s.\n\nsomething radical needs to occur, to restore balance to the point of equality of life and livelihood for all on Earth.
294543
First define what you mean by globalization. If you mean material wealth then no. However, I would think that the more mankind interacts with one another that we can't help but evolve religion as any structure within our societys. That's assuming that you view religion that way and not as some sort of absolute doctrine that shouldn't change.
766851
In the third world capitalism's benefits go to the rich.  There is no middle class, or at least it's very small.  There are the rich and the poor and there are way more poor than rich.  Politicians know what side of the toast the butter is on.  Poor people vote too.
281653
I agree with you.  I think if their economies were more global, with more wealth for more people (as opposed to oil wealth spread amongst a few) and more participative government, then, yes, there would be less violence and strife and unhappiness in that part of the world.
996411
Globalization ... affects Globe (Philipines INCLUDED)\n\nPhilipinization ... affects ONLY Philipines (not rest of Globe)\n\nAmericanization ... affects only America (Not Philipines , Not Rest of Globe)
221489
You're question is very interesting.  As you know we are in a globalized world.  This is not the first wave of globalization--it's the third.  The other waves happened centuries ago.  Anyway, because something is sold to someone living outside the borders of the US, doesn't necessarily mean that you will lose your freedoms.  They still have to operate under American law & standards here in the US.
1054533
(I believe that American expatriates did almost precisely this in the 1920s to exploit exchange rates between the dollar and European currencies...although Europe was not exactly "3rd World" either...)\n\nProblems are so rife in 3rd World countries that it probably would not meet your standards for "living like a king." That and your riches would probably be endangered by militia groups, greedy and corrupt governments, and people who are just trying to survive and to make sure their family has food on the table.\n\nSo, yes, you might be "living like a king" in their eyes (but not your own), and that would probably only attract negative energies to you.
554852
Obviously it depends on the policies followed by the government to generate growth.  However - in 1905 China was responsible for 24% of the world's GDP, 30 years ago they were responsible for 4% & they are now growing fast enough to overtake the US and become the world's largest economy by 2030.  Massive changes in wealth can take place over a few decades.  In the case of Ethiopia a conservative estimate might be 50 years to generate enough growth for their standard of living to match the United States.
77191
Unless we start accepting globalization and its ramifcations, I would say we will be up to our armpits in jobless people. I could go on but why? I can't change anything but myself.
339192
It is inevitable, and yes it is good to a degree.  It just means that eventually all poverty will be eliminated, if all the powers that be [IMF, WB, OPEC, ETC] focus on creating even the most poorest nation in Africa to become globalized with a sound economic environment, and a less corrupt government, then it will have been worth it.  \n\nIt will definitely take years, but it is inevitable.  Did you know Bill Gates met with leaders of the IMF & WB to globalize microsoft?  I attended the conference about 6 yrs ago in Washington, D.C., where he introduced a plan for even the poorest nation to be equipped with his computers, mainly schools and universities.  This would promote, growth and education and enable parts of Africa to 'catch-up' to the rest of the world.
50437
In my not-so-humble opinion, I see the standard of living in the USA taking a dump.  Look at the actual quality of life, the hours spent in a commute, the elimination of affordable housing.  In this age of online degrees, imported doctors, and idiotic health care, duplicitous Enron executives, can the system still function when more and more people are added?  To be frank--my concern is that America is becomming 2nd world.  Our time has come and gone.  I guess it will be interesting to see what happens in China....\n\nNot to mention places like Africa, where HIV has made such an impact.  How is the world going to care for all those people? Or will the suffering continue????\n\nMy theory is things never get better until they hit absolute rock-bottom.  Nature will have to step in and trim the trees so to speak.  We will never, as a race of beings, voluntarily reduce population.  Humping is just too darn fun and easy....\n\nI guess to summarize, I think the resources are not enough to maintain the standard of living we have.  The more and more people that are added, the lower and lower the living standard goes.  You will end up with an elite rich class which owns everything, the middle class will be abolished, and everyone else will be scraping by.
662417
Definition: - "The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets."\n\nIt refers to the worldwide phenomenon of technological, economic, political and cultural exchanges, brought about by modern communication, transportation and legal infrastructure as well as the political choice to consciously open cross-border links in international trade and finance. It is a term used to describe how human beings are becoming more intertwined with each other around the world economically, politically, and culturally. Although these links are not new, they are more pervasive than ever before.\n\nThe economic aspects stressed in globalization are trade, investment and migration. The globalization of trade entails that human beings have greater access to a plethora of goods and services never seen before in human history. From German cars, to Colombian coffee, from Chinese clothing, to Egyptian cotton, from American music to Indian software, human beings may be able to purchase a wide range of goods and services. The globalization of investment takes place through Foreign Direct Investment, where multinational companies directly invest assets in a foreign country, or by indirect investment where individuals and institutions purchase and sell financial assets of other countries. Free migration allows individuals to find employment in jurisdictions where there are labor shortages.\n\nThe political aspects of globalization are evidenced when governments create international rules and institutions to deal with issues such as trade, human rights, and the environment. Among the new institutions and rules that have come to fruition as a result of globalization are the World Trade Organization, the Euro currency, the North American Free Trade Agreement, to name a few.\n\nCultural global ties also grow through globalization as news ideas and fashions through trade, travel and media move around the globe at lightning speed. Global brands such as Coca-Cola, Puma & Sony serve as common reference to consumers all over the World. An individual in China enjoys the same soft drink as an individual in Puerto Rico--at opposite ends of the globe. However, these ties may also cause strains: for example Western Ideas of freedom of expression may clash with Islamic views on Religious tolerance