Globalization is one of the most controversial issues of modern times; such strong is the spell this phenomenon excerts over us, nearly a century from its dawns, it is still capable of raising passionate debates.
Admitedly one cannot venture to deny its merits which are everything but unimportant. Globalization increased competition, brought it at harsh, better levels. Thus, in order to stay on the market, producers had to develop better goods to be sold at lower prices, all these resulting in a surplus of revenues with the population, surplus converted into better nutrition, medical services, education, leisure, a higher living standard, that is.
Nevertheless, this outstanding progress has its more than evident drawbacks too. First of all, the gap between the rich and the poor has dramatically increased.
Moreover, poor countries have grown into modern colonies of the rich ones, exporting raw materials at low prices and being in turn flooded with manufactured goods.
In conclusion, globalization is like fire. One uses it in order to cook one's meals, heat one's house, but the same fire, left unsurveilled can burn woods, engulf houses or even claim lives.
Admitedly one cannot venture to deny its merits which are everything but unimportant. Globalization increased competition, brought it at harsh, better levels. Thus, in order to stay on the market, producers had to develop better goods to be sold at lower prices, all these resulting in a surplus of revenues with the population, surplus converted into better nutrition, medical services, education, leisure, a higher living standard, that is.
Nevertheless, this outstanding progress has its more than evident drawbacks too. First of all, the gap between the rich and the poor has dramatically increased.
Moreover, poor countries have grown into modern colonies of the rich ones, exporting raw materials at low prices and being in turn flooded with manufactured goods.
In conclusion, globalization is like fire. One uses it in order to cook one's meals, heat one's house, but the same fire, left unsurveilled can burn woods, engulf houses or even claim lives.
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