Globalisation

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Globalisation

Following the destruction of the Soviet Union, globalisation rocketed through the world. In a nutshell, globalisation is "the worldwide integration of humanity and the compression of both the temporal and spatial dimensions of planetwide human interaction." (Truman State University) In the world's current position, people around the globe are more connected and dependant on each other then ever before; information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available in all other parts of the world. People in Asia can dress and eat in the exact same manner as Europeans, and vice versa. Humankind have inflicted the phenomena Globalisation upon themselves, and it has now become what the name suggests, Global. Coca Cola and McDonalds being consumed in Bali is now a common sight, as is Levi's Jeans on Asian Legs. Toyota's are being driven in Amsterdam, and a Thai Takeaway is available in essentially every reasonably sized country in the world. International Travel is now daily, just like picking up your son from his Bagpipe lesson in Canada with your Mitsubishi car. And this matter is not only involving products, it involves cultures and religion. Buddhism is commonly seen being practiced in Western countries, where the religion people are brought up with is Christianity. Native American Dream-Catchers are not uncommon as ornaments in ordinary people's bedrooms, and we've reached a point where it seems that a country or culture can have nothing to themselves. However, is this all bad? Globalisation promotes multinational trade, which promotes competition between several companies, which eliminates monopoly, and at the end of the day, promotes global economy. This essay will compare and contrast the positive aspects of globalisation with the negative, hopefully providing a neutral overview of the situation we are currently in.

Although it may be true that Globalisation promotes...

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