Globalization Pros and Cons

Thanks to the internet and the speed of communication, the world has truly become a globalized society on many levels. People from half a world away can become business partners. Families can speak to each other on Christmas Day over video chat and watch their grandkids open up presents. It’s a remarkable phenomenon that looks to continue increasing in many additional areas of life. Is globalization a good thing? Here are some pros and cons to think about.

What Are the Pros of Globalization?

1. It allows cultures to get to know one another.
People tend to fear things that they don’t know. When a different culture is foreign to someone, that person will tend to discriminate against it because they fear it. Globalization brings all cultures together so that everyone can learn from each other, removing fear from the equation.

2. It opens up innovation.
Many of the inventions that have come to be in the last 200 years were developed simultaneously in different parts of the world without inventors knowing about each other. Globalization allows for more information to flow freely so that inventors on a similar path can collaborate instead of compete, enhancing development in every field.

3. It creates a system of open borders.
Many in the industrialized world don’t realize how difficult it can be to live in developing countries. Most of the world lives on less than USD $2 per day. In comparison, some people can earn that amount of money in just 2 minutes of work. Globalization draws each group closer together so that real help and hope can be achieved.

What Are the Cons of Globalization?

1. It creates a loss of identity.
Although we are all the human race, many people associate themselves with a particular nationality, ethnicity, or other identifier. A globalized society would eliminate many of these identifiers, which would results in an overall lack of identity being seen in certain population demographics.

2. It creates the potential for absolute power.
When societies globalize and nations merge together, it sets up the possibility of one person becoming a ruler over everything on the planet. Not many people have had absolute power and for good reason – it corrupts absolutely.

3. It emphasizes wealth gaps.
Globalization may shine a light on those who are hurting, but it also shines a light on those who are rich. Having wealth gaps emphasized will invariably lead to new class systems that will work in their natural way to suppress some groups while enhancing the opportunities for other groups.

Globalization is bringing the world together and that’s a good thing in many ways. There may be some disadvantages to the idea of globalization to consider as well, so evaluating the pros and cons of the subject is important. In doing so, we can make sure our identities stay safe while we grow stronger from the diversity that humanity has to offer.

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