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This paper contends that that whether or not globalization eventually becomes an overall benefit or an overall detriment to humankind depends less on how it impacts governments and the rich and powerful leaders that influence them, and more on how it in turn impacts the most vulnerable members of those societies. Next, the author discusses the benefits of globalization, which include the spread of democracy and capitalism, the rise of entrepreneurship and an increased sense of global community and its dangers, which include environmental degradation, exploitation of vulnerable populations and the spread of violence. The paper concludes that, for now, globalization is neither all good nor all bad; its long-term impact has yet to be determined.
From the Paper:"Greenspan also notes that infant mortality rates have fallen by half and literacy is on the rise. Poor health care and lack of education are both symptoms of and contributors to poverty. Any improvements in these areas overall indicate that globalization is indeed improving quality of life not just for the wealthy and powerful but also for the poor in many countries. Yet these improvements do not result exclusively from the economic bounty newly freed markets bring about. Globalization also facilitates a free flow of information, as well as international communication, cooperation and in many cases, intervention. Better healthcare and education for traditionally under-served populations are just a few benefits of this phenomenon.
"It is important to note however that the improvements are not consistent across the globe. India, for example - where democracy has been a far more successful product of globalization than market capitalism - is ranked 128 out of 177 countries on the United Nations Human Development Index, a ranking which takes into account income, health and literacy. This makes it clear that the political stability democracy brought about over the past six decades has come at a cost to quality of life and the overall economy - once enviable, now in ruins."
Sample of Sources Used:
- Greenspan, A. (2008). The age of turbulence: Adventures in a new world. New York, NY: Penguin Group.
- Specter, M. (2006, Oct. 23). The last drop. The New Yorker.
- Zakaria, F. (2009). The post-American world. New York, NY: W.W. Norton & Company, Inc.
Cite this Analytical Essay:
Globalization's Impact on Society (2012, May 15) Retrieved May 19, 2013, from http://www.academon.com/analytical-essay/globalization-impact-on-society-150954/
"Globalization's Impact on Society" 15 May 2012. Web. 19 May. 2013. <http://www.academon.com/analytical-essay/globalization-impact-on-society-150954/>