W3. What is globalization? /Sangbae Lee

1. Summary

Globalization means, in simple language, many barriers of countries for economy and society, culture are disappearing and people and technologies, culture and stuff are exchanged freely and easily. So, international competitive power and international cooperation are getting more powerful. It is kind a periodical change.

Over many centuries, human societies across the globe have established progressively closer contacts. Recently, the pace of global integration has dramatically increased. As we already know when we use internet, there are a lot of examples of global integration. For example, american fashion affects to asian fashion. Also unprecedented changes in communications, transportation, and computer technology have given the process new impetus and made the world more interdependent than ever. Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. As a result, laws, economies, and social movements are forming at the international level.

 

2. Interesting contents

As you know, globalization phenomenon have been developed for long time. Also, at the same time, many and various global side effects have been developed. Here are some example.

First, the development of globalization can deepen mutual dependence of cultural , political, social and make a gap between countries. It is called "20:80 society". It means, only 20% of world population are living in a good condition and keep well the balance of work and life.

Second, it can make worse the nature by manufacturing many products, developing many factories, driving cars and so on. Because many countries are considering their countries well fare and benefits even if it can make bad affects to the nature.

Third, it can make some conflicts within the human race. Still in some countries, some racial troubles are shown seriously. Especially, for many immigrant worker, this problems can be worse over the world.

 

3. Discussion point

Global taxes can make serious global problems while at the same time raising revenue for development. A tax on carbon emissions could help slow global climate change, while a tax on currency trading could dampen dangerous instability in the foreign exchange markets. So, how can we process those issues? and what is the more good options, why?