Wednesday, December 7, 2011

Colonialism and Global Market

Colonization and Global Marketing are in my opinion to sides of the same coin. Colonialism was used in the 1600's as a means to gather materials and minerals and sell them to other nations to turn profit. Today's word uses the Global Market system. Today colonies are not around but they are not needed for the goods to be available. Today it is just a matter of going to another nation's port and buying or trading for the goods. However big companies in the world have learned on how to exploit other nation's resources, primarily people. Many Chinese and Indian people are paid near to crap by American businesses in exchange for cheap labor on products sold either expensively or cheaply in US stores. US companies exploit the poverty of the lower class in most nations.

1 comment:

  1. Tim,

    I wasn’t able to fully understand what this discussion was about, but after reading your forum, I think I can grasp the concept now. I especially like your comment, “big companies in the world have learned how to exploit other nation's resources, primarily people”, because this is so sadly true You have people selling others for pleasure or themselves for money, and it doesn’t help when the country itself doesn’t stand up for the dignity of its people. And, like you said, we’re greatly indebted to the sweatshop, harsh labor of China for almost 99% of the things we buy.

    I like your description of globalization and colonization by calling them “two sides of the same coin”, because that’s pretty much what they are. One happened at a particular point in time, and the other is happening now.

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