Globalization An analysis of effects of globalization reveals that there are as many negative impacts as there are positive ones. Globalization may largely benefit an individual country due to increased market for her exports but also have a huge impact on the level of skills required in maintaining efficient production as well as challenges associated with the suppliers…
Although liberal economies are very crucial, there is a great need of defending the consumers from exploitation especially on basic commodities. The government should not allow her people to be exploited by the sellers simply because of anticipation or may be as a way of making maximum profit from a situation such. The current issue of Obama-care is a good example of a move that tends to interfere with liberalism theory. American dream is based on universal right to existence, freedom, and contentment. This is the dream of every individual in the world and its pursuit is everyone’s responsibility. All these visions are based on an individual’s health hence proving the importance of a healthy body and mind. The reason there is no universal healthcare is the attitude that most people do have that healthcare is more like socialism, which do not imply democracy. Sebelius (2013), explains that the political elites have continuously disagreed on the importance of universal healthcare being that they do not even feel the pinch when faced by sickness and diseases due to their financial advantage (Web). Do they really care for the common person? Lots of money is spent on wars than healthcare services. All the companies in the healthcare sector are clearly in the business of making profit without even thinking of the welfare of their clients thus making diseases and sickness big business. In fact, the US healthcare is the most costly due to the players in this fundamental sector thus making it unproductive to throw money in this system (Sebelius, 2013). Demand for healthcare has since been limited by demand because it is provided in the market and any attempt to provide it freely can only be limited by rationing which happens in most countries practicing this system such as Spain, South Korea, France, Kuwait and Saudi Arabia. Most people would be given appointments with the doctors, which may in turn take a very long time hence causing death to the patients. Patients who could have gone to their doctors with their money now die because they cannot pay for their own doctors’ visit and buy efficient drugs rather than ineffective or expensive drugs pushed by companies to hospitals (Sebelius, 2013). Countries that have adopted this kind of system make their citizens get lesser service than the normal sufficient service due to long waits for doctors, lack of medicine and bureaucratic procedures. Not every citizen can get best possible care regardless of one’s salary or socioeconomic status. Generally, living standards in most countries particularly in Eastern Europe have increased hugely because of economic growth. Globalization has actually helped many nations across the globe to access many markets for their exports. Every nation is trying to access international market by employing unique techniques. In fact, laxity can only be the reason for an individual’s country failure in this error of globalization. Countries like china have currently dominated African market and this is really vital in her rapid economic growth. China exports a lot of products and USA is amongst her biggest market as well as Africa as a continent. They have actually instituted laws that encourage investments and even manufacturing of export products (Sutter, 2013). ...
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(Globalization Essay Example | Topics and Well Written Essays - 1750 Words - 3)
“Globalization Essay Example | Topics and Well Written Essays - 1750 Words - 3”, n.d. https://studentshare.net/journalism-communication/105373-globalization.
According to the research findings globalization is of great significance in contemporary societies. When looking at its impacts, it is apparent that globalization is transforming contemporary societies. This is because globalization has had positive impact in nearly everything ranging from, economies, cultures, information flow, governance, criminal investigation, among others.
Such fragmentation in the origins and belonging of the ethics and moral values therefore offer a rare glimpse into a world which is shrinking. Globalization, as a phenomenon, is overcoming the local cultures, values as well as the indigenous political will of the individual.
It covers the major processes of the world socio-economic development and accelerates economic growth and modernization. At the same time, globalization gives rise to new contradictions and problems in the global economy. The process of globalization today overcame all the countries in the world in a different degree.
Globalization impacts on societies in the cultural, political and environmental systems (Held et al. 2005). It also affects economic growth and development of nations worldwide. The concept is not new since over the years, people and companies have been trading for long distances.
Globalization, Its Significance to Challenges of Development and Key Debates. Globalization and related development were considered as the wave of the future when they first appeared to unite countries into one global economy for the mutual benefits, which presumed global integration and interdependence in the technological, economic, social, cultural, ecological and political spheres.
Globalization has introduced new ideologies that have replaced the traditional thinking perspectives. The reception of globalization in each specific culture varies, but a close analysis reveals the aspects of life that change. This brings in the aspect of globalization, used to denote the various ways in which each distinct culture localizes globalization.
Episodes Three which is entitled New Rules of the Game discussed globalization and its impact in the world economy.Globalization doesn’t just involve the goods and services.Market integration also means the assimilation of countries’ financial markets.Countries like Thailand were greatly helped by the inflow of foreign direct investments.
Then the essay will evaluate the broad short and long term benefits of globalization and also looks at the flip side of the coin, which are the short and long term drawbacks of globalization. This section also looks at how these