POL 540 Study Guide - Final Guide: Albert Berry (Parachutist), Ceteris Paribus, Anti-Globalization Movement

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POL 540
• Professor: Abbas Gnamo

Document Summary

This article provides a detailed analysis on globalization and how it benefits the world. It then takes those same arguments and suggests a different way of looking at them, thus show casing the negative aspects of globalization. Economists see globalization as the road to higher incomes and the end of poverty, and the vehicle where by a country can take maximum advantage of new technologies in a fast changing world. Critics blame globalization for a wide range of disasters, such as: As such, these critics argue that globalization is the best instrument devised for wealthy industrialized countries to control & exploit the poor. Government has become even more remote for most of the world"s people; power is in the hands of the u. s or the multinationals, especially the banks. What makes matters worse is there is no real governance of these processes at all.