Globalization is an idea that has come from the origins in French and American writings in the early 1960s. It was a concept that globally finds expression in today’s world major languages. However it lacks a clear definition. Indeed globalization has become the clichés of our times. Globalization is reflected as a widespread perception of the world being rapidly molded into shared social space through the economic and technological forces and as a result development in one region of the whole world may leads to severe impacts of the chances of life of other people, individuals or communities in other parts of the globe (Alam, 2008).
Through globalization countries initiated the free trade pact that was to oversee global economic transformation and open up the area for integrated global economics, however through globalization and the free trade pacts western countries have taken that initiative to advance imperialism and neo colonial rules by imposing sanctions and offering aids and grants as well as military and political backing that saw progress in majority of the developing countries stagnate and taking recess to keep up with the global worsening financial crises as well as inability to produce and over reliance on imports.
Unrestricted globalization can hinder level of development in the less developed countries. The western countries that pioneered the adoption of globalization benefitted from it while the less developed countries lacked behind development. This because for instance most western countries exports most finished goods while others exports primary products to the same global markets. The western countries are in control of these markets and can influence the prices in this markets that will best suit them. Hence making them more powerful while the developing countries remains behind (Marcinkowski, 2009).
Globalization also makes many countries to be dependent on others for meeting their needs for goods and services. Due to the ineffective trading system of the global market the developing countries will not be able to sustain themselves hence making dependent on the western countries. This makes the western countries more powers over the others. The main aim of globalization was to equip organizations with a powerful competing place with respect to lower cost of operation. This helped them with the provision of a larger volume of products as well as customers and services. Globalization consisted of the national income of a country, infrastructure and human development. A globalized country was largely shown by the rate development strategies adopted in order to achieve greater development as well as investment.
Globalization can lead to more environmental destruction in the poor countries of the third world. This is because there is more competition in most Western countries as well as strong restriction that accompanies industrialization (Taberner, 2004). This makes the private companies and public as well to invest in the third world countries because of lesser restriction than their home countries. As a result, this leads to environmental hazards in third world countries hence will always be under the western countries in the world economic affairs.
Ever since the globalization of the world markets into a large single trading unit, most western countries have taken advantage of the same to advance their imperialistic and neo colonialist motives in most poor and developing countries. Most developing countries have experienced inequality and exploitation by powerful western and eastern blocks to an extend of advanced neo colonialism in the 21st century. Most countries in Africa and Latin America as well as in Asia have had a wrath of the taste of globalization. The main motive of globalization was to integrate global markets and open up the world markets for trade without the earlier imposed barriers and protection. This has opened up the world markets into one competitive economic block that has led to crude capitalism where i9ndustrialisation in developing countries have suffered as a result of cheap products from outside markets. The western worlds have taken the competitive advantage of this to advance their political and economic agenda.
Most countries in the developing world have advanced their political imperialism through the globalization initiative where poor countries have become a target of their political and cultural influences in the poor countries. Through globalization the west has managed to bring the demise of social democracy in the name of promoting modern welfare of the communities globally. Globalization has increased developing states spending and intervention leading pilling competitive and political pressure to the leading to the succumbing of the leaders to the pressure causing poor countries to stagnate in achieving economic and political independence and progression is usually at the pace of the west commendation.
Underlying this concept the globalization, the western states have gone a step further with an iron cage where despite signing the globalization act making their countries part of the global market, they still imposed sanctions on some states that have a conservatism approach to the some of their issues and interest in those states. This characteristic is common among the G20 member countries of America and Europe. After the second world war western countries converged to form trading blocks and advance globalization which at most their main agenda was to exploit developing countries for economic and social power. This was a convergence economic and welfare by world leading powers to advance their interest and that of their nations.
The failure of globalization to impact on poverty and address inequalities among world economies has led to the question seeking to establish its relevance in the global market. The growing velocity of the country’s infrastructure, technology as well as economic infrastructure at a higher rate than others shows just how globalization can be used to advance political and economic progression at the expense of others who operate at the same global market. Countries like china and others have taken the globalization issue too far that it has used the same channel to advance crude capitalizes for its junk produce. China has for instance used the developing countries arena to dump their cheap produced some of low quality breaching most of the earlier treaties.
In conclusion, the globalization, whose main goal was to foster equality and open up the world to a global free trade market as well as create political and social democratically advancements should be implemented in order to achieve global economic equality and independence. Some countries have however taken the concept that the world has now been narrowed geographically to achieve political influence and economic as well as military power, have breached the earlier goal of aligning the world into one massive economic as well as political and social equality. In my view western countries have taken little initiative to achieve this goal but have instead focused on advancing their own agendas.
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