Globalization has been means of integration and interdependence by which economic, political, cultural, social and technological processes have been modifiedgiving rise to a more interconnected world.
It’s a dynamic process which resulted from capitalism in the search to increase production, commerce and consumption, which in turn has been favored since the appearance of the internet.
However, globalization has generated a series of advantages and disadvantages that have occurred over time and that have been seen as a way to overcome limitations and offer contributions. However, it also has a counterpart whose risks are becoming increasingly noticeable.
See also Globalization.
Advantages of globalization
Globalization has been a process that has encouraged and promoted the integration of societies through different activities that have been the driving force behind a significant percentage of human development. Below are some of the most important advantages.
In economics
Free trade in goods and services worldwide. Decrease in production costs. Greater business competitiveness and product quality. Technological development that favors production levels and speed. Greater employment offer in developing countries, already that multinational companies strategically install themselves in them because raw materials and labor are cheaper.
In politics
Legislation has been modified at the national and international level in order to encourage trade, cooperation plans, legal certainty, commercial security, new public policies, among others.
In culture
Greater cultural exchange thanks to various communication channels. Incentive of tourist activity. A set of universal values are shared that cross borders and cultural disagreements.
In the social
Human relationships have been strengthened and have been able to overcome various limitations, such as distance, thanks to technological development. Greater accessibility to exchange and access information of national and international interest.
Disadvantages of globalization
In general terms, the disadvantages of globalization that stand out are those that are generating difficulties in various areas of human development and limiting its momentum.
In economics
Developed countries with great potential and economic scope have prevailed over developing countries with smaller economies. This generates a great economic imbalance. In developed countries, unemployment increases because multinational companies open headquarters in developing countries, where labor and raw materials are cheaper. Economic inequality among the citizens of a country, since Large companies have greater profits and financial capacity than those of smaller size and power. Depletion of natural resources and raw materials in production processes.
In politics
Globalization has been a challenge that national and international politics has had to face. In some cases, the measures taken have not been the most appropriate and, on the contrary, greater social, cultural and economic inequality has been generated.
In culture
National identity can be negatively affected as a result of developed countries superimposing their cultures on those of developing countries, through a great commercial and media drive. Minority languages are lost. As time passes, many of the native traditions are modified by incorporating new customs, generally from other countries.
In the social
Social inequality has limited the access and use of various educational, technological and economic resources in many social groups in poverty. Increase in the number of confrontations between social groups that seek to vindicate their social, religious and cultural values, against which have been implemented through globalization.
See also: