SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ChinuSFO who wrote (81112)8/17/2010 7:47:40 PM
From: one_less  Read Replies (1) of 149317
 
Globalization has many effects that must be juxtaposed regionally and considered on a case by case basis, there are improvements and there are pains. This is the modern reality which is not all a bed of roses, nor is it all bad.

The lives of people isolated by geography or low socio-economic status have become modernized and they've become connected as members of global society. This has positive effects in that people who would have died suffering quietly in a cold dark hut in some remote region a few decades ago are now given assistance and an awareness of their conditions relative to the rest of the world. Cultures clash and blend as we become more of a global society.

Modernization creates a market of consumers who didn't exist in the past. Consumers who are competing for resources not previously available to third worlders. The competition forces product improvement and drives prices lower.

People are still suffering and dieing but not so quietly. The resurrection of oceanic piracy, terrorism, human trafficking, exploitation of cheap labor, slavery, pollution, adverse effects on health due to world junk food franchises, and deadly diseases spread by travelers are among the painful expressions now presenting themselves in globalized society.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News