The Globalized World

Paper Summary:

This paper discusses the effects of globalization on the world. The paper first provides examples of negative occurrences around the world that occurred due to globalization. It then describes the importance of viewing the social picture of globalization from a worldwide perspective in order to develop international approaches to handling the numerous problems that lie ahead.

From the Paper:

"Privatization of resources has also proven to be an ineffective way to seed the roots of democracy; after all, privatizing water in Bolivia was the direct cause of their civil war. So, it would seem that increasing the involvement of African nations in the global economy is the only realistic choice that the Bush administration is likely to adopt. Still, it is not wholly apparent that this will work either. This is because the manner with which most developing nations have been incorporated into the globalized economy has been primarily through outsourcing, and--as is the case with China--there is not an obvious link between low-level employment of the working classes and democratic values in the host government. Nevertheless, it would seem that the Bush administration, and neoconservatives in general, is stuck; they are forced to take some hand in the development of democracy in African nations because they have already make it clear that nation-building is now part of the U. S. repertoire. Yet, involvement in Africa cannot be as lucrative as the neo-imperialist wars in the Middle East and that, more than anything, means that any action the Bush administration takes will be minimal."

Sample of Sources Used:

• Bush, George W. "The National Security Strategy of the United States of America." Speeches delivered September 17 and June 1, 2002.
• Downing, David. Capitalism: Political and Economic Systems. Chicago: Heinemann Library, 2003.
• Friedman, Thomas L. The Lexus and the Olive Tree: Understanding Globalization. New York: Farrar, Straus and Giroux, 1999.
• Greenspan, Alan. "Banking in a Global World." Chicago: Delivered to the Conference on Bank Structure and Competition, May 6, 2004.
• Hollander, Jack M. The Real Environmental Crisis. Berkley: University of California Press, 2003.

More papers on The Globalized World:

• Book Review # 53943 : "Kenichi Ohmae's "The Borderless World"
• Essay # 42662 : "The Third World in Global Environmental Politics"
• Book Review # 128630 : "The Second World" and Globalization"

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