There are some pros to globalization as Mike Collins states that, "supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty." (Collins, 2015) But then continues with some points that seem more valid to me, "The general complaint about globalization is that it has made the rich richer while making the non-rich poorer"(Collins, 2015) and "Globalization is deindustrializing America as we continue to outsource both manufacturing blue collar and white collar jobs. "(Collins, 2015) Because we are in a whirlwind of globalization we loosing jobs ourselves. In the perspective of third world's countries, it is shown to give many opportunities for employment, but what large corporations won't tell you is that they are exploiting the smaller less industrialized and causing havoc and damage to them. For instance, China's pollution rate is
Antigone enact this civil disobedience as a way of fighting and refusing to follow an unjust law made by and unjust King. The people of today can learn from Antigone. We the people today can take the courage and strength from Antigone and look the injustice in the eyes and fight back. We can take action like the Sons of Liberty and start a movement against the injustice and unruly laws. We can look to Antigone and partake in civil disobedience in order to make a movement to prompt change for the better in our world today.
Stiglitz’s opinions on the ludicrous TARP bailouts and austerity packages have signified governmental flaws in protecting the interests of the 1 per cent. It has changed my perspectives on Laissez-faire Capitalism. Prior to reading this book, I believed that government should refrain from interfering with business activities in order to maintain economic growth and prosperity as a Capitalist society. However, the lack of control and regulations by the state can allow wealthy institutions such as banks to accumulate large sums of debt. Although economic growth and prosperity is necessary for the development of the state, there must be measures and policies to ensure that debt and austerity remains sustainable, mitigating any possibility of a widespread recession.
During the Civil Rights Movement, African Americans had to get around the Jim Crow laws, convince the federal government to help move the movement along, and they also had to defuse the tension of uniting African Americans and whites that supported the movement. Http://thedreamcatch.com says “If you witness any acts of cruelty or injustice around you, be willing to speak up and stand up for what you believe is right. If we remain silent because of our timidity, we will allow the bullies and offenders to get away with it.” This proves that you should stand up for what you believe is right. This proves that you shouldn’t sit back and just watch while the injustice is happening in front of
Governments of these developed nations are partly to blame for the current circumstances of manipulation and political intrusion faced by developing nations as it was these developed nations that pushed these countries to reform to all for free trade and free flow of international capital. With poor systems of governance and an overwhelming imbalance of power, the current situation should have been foreseen as inevitable and these governments should take responsibility and take action to get these developing nations out of the pits that they have pushed them into. The people of many developed nations are already altering their consumption patterns to support ethical and socially responsible practices of corporations, sometimes even boycotting companies that are deemed to be unethical. This process of consumer social responsibility has been largely supported and advertised by the activities of NGOs. The consumer movement for ethical production practices forces TNCs to alter their behaviour as it is in the best interests of their own profits to act ethically in such cases.
Rather than being in the interest of all individuals, in reality a free trade system would favour the most advanced manufacturing states. Economic nationalists regard trade protection as a tool of state creation and statecraft. Many representatives of less developed countries believe that trade with industrialized countries is a form of imperialism; they fear that free trade benefits only the developed economy and leads to dependence of the less developed countries on the developed ones. Protectionism refers to government actions and policies that restrict or restrain international trade, often done with the intent of protecting local businesses and jobs from foreign competition. Typical methods of protectionism are import tariffs, quotas, subsidies or tax cuts to local businesses and direct state intervention.
Instead of creating a change I also leave point the fault to corporations and I hope for great changes which must be created by organizations or led the responsibility to the government. I considered that we as citizens are not working enough to make our environment better. As how Pollan mentioned, what bother? When miles away from us there is people creating a massive amount of pollution, double that the one that I 'm trying to avoid. But why we should care about them, when if we want to make a huge change we should
In case of lifting the ban on crude oil would result in gasoline becoming cheaper by increasing the world supply of crude oil and also that is the price set in the international market. Now, this is clear evidence on why international community gets involved. In Mankiw’s principles of economics, trade makes everyone better off. This means that if a country depends on one product which is banned in another country, the one depending on that product would be worse-off which can affect the economy in turn. What I am saying is that: A ban can result in a chain of events which can affect the global economy.
It may be possible that the laws and regulations are lenient in host nation as compared to home nation. Environmental regulations – Ethical issues arise when the environmental regulations of host country are stringent to home country. This may result into increased pollution levels thereby attracting the penalties. Corruption – Corruption is one of the major issues which still continues in the society. Many international businesses have gained economic advantage as they pay to the government officials.
The current tax policy in the United States is unfair to Americans, specifically ones who love to shop. Sales tax percentages may vary depending on the parish where individuals reside. If you are a big spender, the tax can take a huge toll on your bank account rather than the person a few states away who buys the exact same merchandise as you, but pays less due to the lower tax percentage. Although revenue from sales taxes helps fund basic services and initiatives such as public safety, education, and recreation, it is in the best interest of our country and its citizens to revise or replace this policy by making the percentage the same overall in every state. Unfortunately, Louisiana shoppers are forced to pay highest average sales tax in America which is why it should be
Many argue disbandment will harm the economy however it will not. Economist agree that "[...]union 's political power leads to more government spending[...]"(DiSalvo). If unions make the government spend more money that means the people are paying for it. One reason, unions should be disbanded because they are harmful to the economy. According to professor Gary Becker of economics at the University of Chicago, "[...]Increased