Globalization’s Side Effects

globalizations Side Effects May. 14. 2009 Discussing globalisations side effects might non be grant without de bourneining first what globalisation is. Although everyone has his or her own definition and uses the term globalisation in his or her own way, globalisation can be defined generally as a condition in which cross-border movements of money, goods, thoughts, and veritable(a) raft pretend become much more available on a large scale.Despite globalization having provided people throughout the demesne with many benefits, it has caused negative impacts on their countries economies as well as undecomposed concerns to the highest degree their nationalities and identities, which globalization gradually erases. The primary adverse effect of globalization is that it destabilizes the foundation of the developing countries economies. After cross-border movements of money and goods had become much express and easier, many cheap and well-made products have invaded the markets o f emerging countries.As a result, many local products almost have disappe bed because they simply can non rival the cheap prices and in high spirits qualities of foreign products. In Paracho, Mexico, for instance, things are acquire worse. A Mexican traditional guitar maker complains that his village has lost its notable craft of building guitars because of the invasion of the cheap and well-made guitars from China (Campbell, 2004).Paracho is not only losing its famous craft, but to a fault losing the smarter and more intelligent workers who are leaving it to seek better job opportunities in the Unite state of America. In fact, hundreds and hundreds of villages and cities, especially in developing countries, are losing their main industries in addition to their traditional crafts and therefore their people emigrate to avoid organism jobless. The second adverse effect of globalization is that it is gradually erasing the differences between cultures. needless to say, a culture is a set of value and assumptions that group of people hold, and what makes the differences between one nation and another is the variety of the differences between these values and these assumptions. Peoples thoughts all over the world about what is chichi and fashionable are starting to converge. Today, everyone seems to have the same desire which is purchasing what the advertisements want them to buy. The more you buy, the more happiness you get (Rifkin, 2003).For few intellectuals, globalization is making peoples desire cheap. It replaces peoples high and noble thoughts such as building their countries and contributing to human development with the culture of consumerism instead. Although many people all over the world acknowledge that globalization has provided them with many benefits, they have a strong feeling that globalization is slowly but surely obliterating their culture and traditional way of living. (The church bench Global Attitude Project).In conclusion, there is no doubt about the benefits that people all over the world gain from globalization. However, it causes developing countries severe problems. People in those countries are not only losing their jobs, but also their identities. They have become consumers of goods that are made in other countries. Globalization indeed is a huge challenge that many societies face some of them have successfully known how to cope with it, yet many of them, unfortunately, have not, and therefore they have become globalizations victims