Aspects of Globalization

There has been intensive criticism that globalization causes poorer countries to suffer disadvantages. Critics further said that, while it is obvious that globalization promotes free trade among nations, there are negative results also because many countries seek to retain their national (state) markets (Crothers, 2010). The major export of underdeveloped countries in most cases is agricultural goods. Developed countries usually subsidize their agricultural farmers (for instance EU Common Agricultural Policy); this goes a long way in lowering the price for the incapacitated farmer’s crops in the market compared to the fundamental provisions of free trade. The third world economies stand at a risk of insubordination because of the dominance of the developed countries. In trade, most developing countries are seen to produce primary products while developed countries are in the front line offering manufactured and finished products. Unfortunately, despite the farmers (who are from poorer countries) having produced the products, the developed countries are the price makers. This renders the poorer countries poorer and their economy remains undiversified. (Mensah, 2008)

Critics of globalization have pointed at a new world order that has been created by the developed world. They observe the general use of technology to run most world affairs as a new way the industrialized countries want to control the world. This is the perspective of the anti imperialist theorists who look at the fact that most of the industrialized countries are the same ones which colonized countries in the 20th century.

To this extent, some of them look at it from the perspective that democratic space has been shrinking due to the domination of world affairs by these countries. This view owes much of its basis on the fact that the United Nations veto powers solely run the affairs of the world. They have stretched their tentacles in every aspect of world affairs be it political or socio-economic. This view, further suggests that this dominance has led to the unprecedented gap between the rich and the poor. This is generally the inequality that has led to terrorist activities especially due to the rebellion from the third world countries. These countries feel that they are being unfairly exploited and thus there is a need to fight the first world countries. (Mensah, 2008

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