The link between globalization and poverty The word globalization is often used in conversations without us even thinking about what it is. But what is it? Globalization is the concept of companies sending jobs overseas to those who will work for less. Globalization is the ability to go to McDonald's in China and eat a Big Mac that tastes like the one you ate in your homeland. Globalization allows you to go to Facebook to communicate with your exchange partner in Germany in seconds. However, globalization can be defined even broader and encompasses multiple influences. The most suitable definition would be that globalization is the collapse of barriers between countries that allow the free exchange of work, goods and services. One aspect that seems controversial is how globalization has affected the wealth of others. For example, outsourcing has brought the vast majority of jobs to citizens of less developed countries, giving them the chance to slowly climb out of poverty. But there are still other countries seeing their poverty rates skyrocket. To develop an answer I will adopt a controversial look at globalization, where it improves a country's economy and vice versa. Johan Norberg argues that outsourcing is a great way to provide jobs to people in third world countries, as stated in "The Noble Feat of Nike." Norberg examines American jobs that were outsourced to Vietnam to see how they affected the lives of people living in less developed countries. The citizens in his article work at one of the richest shoe manufacturers today, Nike. The number of workers employed by Nike has quadrupled since it moved overseas. This great expansion has fostered an increase in production, but what happens to... middle of paper... can be furious knowing that the product is so cheap because workers pay for it with their low-income wages. How someone decides is based on their morals, their cultural views, how they measure globalization, and through which aspect of globalization they are affected. Works Cited Bardhan, P. (2004). The impact of globalization on the poor. Climate Change, Trade and Competitiveness, 271-284.Black, S. (2001). Life and debt. Web.Hill, R., & Rapp, J. (2009). Globalization and poverty: oxymoron or new possibilities?. Journal of Business Ethics, 85, 39-47.Juhasz, A. (2002). The globalization of poverty. Sentient Times: Alternatives for Personal and Community Transformation, 10(2), 9.Norberg, J. (2014). Nike's noble feat. The New World Reader, 187-190. Nye, J. (2014). Don't fear globalization. The New World Reader. 204-206.
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