The first thing that comes to mind when thinking about Globalization is technology and communications. It creates a bigger market for shipping and trading of goods all over the world. However, there are a lot of issues with this system as well. Many people would prefer to buy goods that were made in the USA because, in many cases, they are better quality. For example, I personally boycott Wal-Mart because they sell cheap products that have been made overseas by children in sweat shop being paid pennies for their labor. Big businesses like Wal-Mart and Best Buy seem like good American companies, but 99% of the products they sell come from overseas.
I support trade with other countries, but I do not support unfair treatment of workers. Globalization and demand for more products at a faster pace create these kinds of conditions.
Some argue the Modernization Theory, that high income countries go into low income countries and help them out by hiring them to do things like build and operate oil rigs, and this is creating a more modern and technologically advanced society. Unfortunately this is not the case, high income nations go in to exploit cheap labor from the natives and leave their factories and airports, but those people do not know how to operate these establishments, so they crumble and become unusable. Technology has no doubt been a huge help in creating a global market for goods and services. Many people benefit from this, but only the people who are educated about computers and cell phones and such. It has become almost impossible for lower income countries to become educated about technology (other than the select few rich families in the countries). So although technology and globalization has it's benefits, it also has many downfalls.
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