Globalisation

Globalisation

1. opponents/disadvantages

   • small companies
     • difficult to compete with large companies
   • trade unions
   • urbanisation
   • critics of capitalism
     • "race of the bottom"
     • developing countries don't benefit
   • loss of national cultures & identities
     • exoticism
       • e.g. Christmas in China
   • Manual workers
     • outsourcing
       • unemployment
   • human rights activists
     • modern slavery e.g. Qatar
       • bad living & working conditions
         • rising death toll
       • exploitation
       • child labour
   • environmentalists
     • large companies disregard the environment
     • transboundary pollution
     • loss of biodiverity
     • climate Change & global warming
     • lavish patterns of consumption
       • no Balance between human wants & ecological needs
   • anti-poverty compaigners
     • no industrialised country profits
     • exploitation
     • income gap between rich & poor countries has been widening for decades

2. supporters/adventages

   • capitalists
     • free movement of capital
   • large comapanies
     • expanding markets
       • export/import
     • increase their profit/power
     • outsourcing
       • cheap labour
       • access to raw materials
   • people in developing countries
     • improved wealth & living conditions in longterm
     • creation of new/better jobs
   • consumers
     • access to cheap goods/more goods
       • BETTER LIVING STANDARDS
     • better aaccess to communication -> internet
     • travel

3. broadens one's horizon

4. "Value of life seems to be measured by limitless accumulation of material possession"