Review Of Open World: The Truth About Globalization By Phillipe Legrain

When it comes to globalization, everyone may have a different vision of it’s outcome. For Marcelo Gleiser, the author of “Globalization: Two visions of the Future of Humanity”, a completely globalized world may result in a dystopia. In contrast, Jeffrey Wasserstrom, the author of “A Mickey Mouse Approach to Globalization” and Tanveer Ali, the creator of “The Subway Falafel Sandwich and the Americanization of Ethnic Food” may think of globalization as other cultures sharing each other’s components to interact on a new level and spurring a more “open-minded” (Ali 27) individual.

The world economy is a very complex system; in the system harmful externalities disrupt capital flows and determine economic productivity. Most notable of these externalities is inadvertent global warming. Spending towards research and regulation of climate change at both the national and international level are very important in determining current and future business trends. Economists and scientists worldwide continuously debate the pros and cons of emissions reduction and what consequences can quickly follow. Though many have different views on the issue, all can agree that the immediate and long term effects of climate change have become an economic matter of paramount importance. The sweeping impact from climate change will have important fiscal, financial, and macroeconomic ramifications that influence global commerce standards.

Globalization is interpreted in many complex ways due to how confusing it can be for people to understand. Thomas Friedman wrote the article, “Globalization: The Super Story,” to explain how the three balances are the foundation of globalization. In Laurence Rothenberg’s article, “Globalization 101: The Three Tensions of Globalization,” Rothenberg explains what the three tensions are and how they have affected the world. By analyzing Friedman’s and Rothenberg’s articles and how globalization affects culture identity, effects will be brought to a better understanding.

The article written by Lisa Lowe refers to globalization as it relates to the United States. This article touched on the transitions which occurred. The shifts from culture in neighborhoods due to migrants arriving. This article also referred to the critiques of globalization. It’s important to know who is against or for this process. As it provides perspective to those who want understand motives behind the negative stance.

In his article “Globalization: Two Visions Of The Future Of Humanity”, Marcelo Gleiser states that there are two possible outcomes of the process of globalization. At first, he predicts that world can turn into a true global village due to the development of technology, traveling, trade and Internet. However, Gleizer explains that it is not easy to foresee unknown and questions how much this “scientific utopia” (8) is realistic, when considering politics and culture. Then, he argues that globalization cannot be achieved due to “evolved tribal nature” (9) of humanity, even though it is implied as the process which will diminish any barrier between various cultures. He states there is no doubt that trade and travel barriers will disappear by

Developing countries tend to have “the most fragile environments” (Baker 197) which is due to the flow of resources dictated by the core. The core, taking advantage of the developmental level developing countries are on, exploit their lack of laws restraining harm to the environment, setting up factories causing even more environmental damage. Thus when comparing the environmental status of a developed country to a developing country there are major differences. These differences are the interaction of the people with the environment, in terms of needs, and the number of factories profiteering from the use and exploitation of natural resources. When this difference is identified then it is easier to assess not only the source but also to create laws prohibiting this exploitation and constructing programs to reverse environmental damages to specific circumstances, helping developing countries to move forward on the developmental scale instead of backwards. If this is taken into account then why is the source causing environmental damage, the core, not stopped? This is due to the dominant ideology stating that with infinite economic growth, eventually the sustainability of the environment will be achieved. The developing countries reinforces this by inviting and encouraging organizations to base their factories in their country which has immediate results, creating a smoke screen

Global warming will in a foreseeable future increase the prevalence of climate-sensitive diseases, reduce agricultural productivity in developing countries, raising sea levels and alter ecosystems, forests, and biodiversity worldwide. Additionally, the indifference of the politicians in acknowledging the validity of global warming is alarming and detrimental on a global scale. As a result, the first oil shock took effect due to the dependability on imported fossil fuels, as well as lack of alternative energy sources. Surprisingly, in the early 21st century, Americans continue to rely heavily on foreign oil instead of transitioning to sustainable renewable energy sources. Furthermore, the economic and social progression must factor in the environmental

In Thomas L. Friedman’s “Globalization: The Super-Story”, he examines the features of globalization from various aspects and how it helps people better understand 9/11 events. He claims that globalization is the new improved system formed in place of the old “cold war system”(102), and through the patterns of which, people observe today’s world in an integrated way. Simple short phrases, organized structure, colloquial language, and punctuation are techniques Friedman uses to create a reader-friendly, convincing essay. To begin with, Friedman uses simple short phrases to emphasize his points. He starts with an enthusiastic term “big believer” (102), which establishes the colloquial

In 1999, the city of Seattle was swarmed with violent protesters in order to disrupt the World Trade Organization conference. The protesters were a mix of many groups, but all of the groups shared on ideal, anti-globalization. The protesters viciously destroyed buildings, streets, and caused a huge disruption in the city’s atmosphere. Although there are many globalization protesters, there are individuals who support globalization.

According to an article focused on environmental awareness, “the world’s average surface temperature rose by approximately 1 degree Fahrenheit, the fastest rate in any period over the last 1000 years” (Source A). Damage has already been done to the environment but it is not the time to throw our hands up, it is the time for leaders in all sectors to tackle this issue head on. We know that carbon dioxide is the culprit, so now it is imperative to implement the solution and take a hard look at who is producing the most greenhouse gases. Big changes need to take place but they can only be done in steps and not all at once to be effective. In an excerpt from a book about global warming, Mark Maslin brings up the point that many feel the Kyoto Protocol does not go far enough; scientists believe that a 60% cut of greenhouse gas emissions is necessary in order to “prevent major climate change” (Source E). A sixty percent cut of emissions should be what countries work up to achieving but first and foremost, every country needs to agree to the Kyoto Protocol guidelines. The Kyoto Protocol itself should not be viewed as the end in the discussion of greenhouse gas restrictions, but rather the first stepping stone to a much broader and effective

1). Choose a current issue as it relates to any one topic we have covered over the course of the semester to explore cross-cultural variations in culture change as it relates to globalization. What is your issue? How does this issue relate to any one topic we have covered over the course of the semester?

With the growing demand for professionals, countries and industries around the world have broaden their usual scope of search from within their own boundaries to across their borders looking for cheaper yet more capable men and women. In Thomas Friedman’s article, Globalization: The Super-Story, he defines globalization as the inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before. In simple terms, globalization is the process of international mingle that comes from the interchange of world views. Friedman is one of the key protagonists of the concept of globalization and defines this new system with a series of key words and three balances which make up the globalization system. Friedman 's three balance can be seen today and will be seen until a new system is adopted.

I analyzed the various complexities of this issue. One complexity was that combatting climate change becomes a point of contention when different countries have different levels of consumption. The second complexity was that climate change isn’t the primary concern of all countries even though it underlies conflicts in many parts of world. The last complexity is that while Global North countries have the greatest capacity to adapt to climate change, the rates of consumption and emissions were historically higher than countries in the Global South who have contributed the least to emissions but will be more negatively impacted by climate change and other environmental

Before I talk about the future of globalization it is first of all important to understand what it truly means. From my research on the topic I feel that the following definition by the IMF is the most accurate. They describe globalization as the “growing economic interdependence of countries worldwide through the increasing volume and a variety of cross-border transactions in goods and services and of international capital flows and also through the more rapid and widespread diffusion of technology”. Thomas Freeman, author of “The Lexus and the Olive Tree” describes Globalization as the inexorable integration of markets, nation states and technologies to a degree never witnessed

Up to now the literature review has given an insight into the concept of globalization, and the understanding of several academics in the light of how this phenomenon developed over the years. It is then essential to cover what the economic benefits of globalization are, and how these may impact a sector or company. Most of the literature study’s that have been written on the economic benefits of globalization have been after 2006. The reason is because the studies used the globalization index which was created by Dreher (2006) then further developed by Dreher (2008) again. Many of the empirical studies used this index as indicator as a base to form their findings.