Globalization

Persuasive Essay # 58778

Economics > International
International Relations
Political Science > Political Theory

Globalization

This paper discuses globalization as neo-colonialism or as a politically correct term for imperialism.

3,000 words () | 15 sources | MLA | 2005

Paper Summary:

This paper explains that colonialism had to end because it was too openly exploitative; globalization emerged as a means to achieve what imperialism had done, but in a politically correct and legitimate manner, such as through GATT and WTO. The author points out that globalization has led to Southern financial dependence on the North by indebtedness to Western/Northern international banks, a situation of unfair competition, increased poverty, and greater debt; the gap between the two has increased tremendously. This paper states that southern countries ultimately participated in their own oppression by signing trade treaties and participating in the creation of the WTO; Third World countries must find the means to regain sovereignty or rebel against their political economic oppression.

Table of Contents
Table of Contents Defining Globalization
The Myths of Colonialism and Globalization
Multinational Corporations as Engines of Globalization/Imperialism
Conclusion

From the Paper:

"Far from being motivating by concern for the welfare of the South or out of a moral sense of responsibility, both Marx and Lenin present imperialism as having been the natural outcome of capitalism. Through a review of their argument, it will be seen that despite the tendency to one-sided views of capitalism as the greatest evil, they do provide a framework for understanding globalization as another natural outcome of capitalism, or a veiled form of imperialism.organizations, the emergence of the transnational corporations, and multilateral, regional and international trade treaties. In Samir Amin's opinion, globalization was the internationalization of the capitalist economic system. It is characterized by the increasing power of global financial institutions, intensified trade, political economic treaties, the international flow of finance capital, and the multinational firm, all of which have severely influenced the political economy of the Third World."