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Contrary To Its Promises Of Integration, Inclusion And Prosperity.Globalization Creates Marginalization, Exclusion And A Reinforcement Of Inequality How Would You Account For This Apparent Contradiction.

Submitted by binarybandit on June 25, 2008

Category: Social Issues
Words: 1562 | Pages: 7
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Contrary to its promises of integration, inclusion and prosperity.Globalization creates marginalization, exclusion and a reinforcement of inequality how would you account for this apparent contradiction.
Globalization was imposed on the world with a promise of integration, inclusion and prosperity but instead we are faced with rampant inequality, exclusion and marginalization at a scale that we have never seen before. It is said that not only has the quest for integration, prosperity and inclusion for the third world been elusive whatever little benefits that we in the third world have been given in previous years is quickly disappearing. In the news we see that hunger deaths have started to occur in countries such as Argentina and Chile where hunger was never a problem, and “starvation has returned to countries like India which had driven away famine like the one of 1942 which killed 2 million people under colonial, and provided food security through public policy shaped by the democratic process of an independent and sovereign country.” Globalization has clearly failed to improve the well being of citizens or countries and is as a result of the rise of the Multi National Corporation, Neo libertarian principles coupled with pressures on the world system by international institutions.
The role of the Multi National Corporation in the last quarter century has increased dramatically as well as their size and scope of business due to the processes of globalization.Today, it is quite the norm for these MNC’s to have their base in New York, their manufacturing plant in Thailand, their assembly line in Nigeria and their sales hub in Colombia. According to the world bank ,“their number increased seven-fold within 25 years: an enormous expansion. No less than 30 per cent of present world exports consists of transactions within these companies. Even the commodity trade in the countries of the South is now concentrated in the hands of about 15...

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