Discuss The Advantages And Disadvantages Of Globalisation

Globalisation is an inherently divisive topic, subject to much debate around the world. Some may claim it doesn’t even exist, but to deny its existence would be erring. A businessman may view it as a vehicle to source cheaper goods and services from all areas of the globe, as a strategic tool, or greater competition. An economist may utilise it as a highway to examine its effects on eclectic economies, jobs, and standards of living; to praise, slate, or berate. An ordinary worker may perceive it as a teleporting device to achieving employment anywhere around the world, or a terrible threat to their current work. One thing is for certain, the debate around globalisation is a complicated one, people need to understand the agenda from both sides to gain a grasp of its merits and drawbacks (Wild et al, 2012).

The below writing will examine the key debates around equality, national sovereignty and cultural identity.

Equality
The middle of the 20th Century saw a change as inequality developed between nations as the distribution of wealth across the world became unequal (Korzeniewicz et al, 1997). Today, we are witnessing the emergence of a new global society.

Wild (2012) sets out that national sovereignty allows a nation to be autonomous, free to select its own government, enforce its own border control and be part of binding worldwide agreements. Contentious debates of globalisation include that national sovereignty is eroded by its effects; there is progressing power held by corporations, many governments exert controversial control, or have no control at all. Pro-globalisers disagree, and maintain that national sovereignty must be viewed through a long-term lens; that democracy is being diffused worldwide through globalisation. The facts are there; we bear witness to the trends of evolution from totalitarian dictatorship to