1. During my group's seminar discussion on economic globalization, I feel as if the majority if not all the negative effects of globalization have roots that link back to money driven motives. The wealthiest individuals in the world are only getting richer where as the poor and poverty stricken families are barely making enough money to survive. As a business major, I can understand the business side of globalization, but after watching the video about the clothes factory in Bangladesh, it makes you reevaluate what is going on in the world and what I can do to make a difference. I chose to talk about the negative consequences of economic globalization as it is deeply sickening the way people are getting treated just so the rich get richer.
2. I will agree that economic globalization has its benefits, it provides job opportunities in developing countries, free trade and knowledge and expertise to developing countries. The list is a lot longer I'm sure but there are also consequences. The main one that bothers me is due to other countries laws and regulations aren't as strictly enforced as they are in the U.S. Companies have been getting away with children as well as women who are working in oppressive conditions as we saw in the video about the Bangladesh factory. People are getting treated like they aren't human just so corporations can make a profit.
During a visit to India a few years back, I was completely oblivious to globalization and its negative consequences, I saw children working who were younger than me, weren't wearing shoes and doing work adults should be doing. I didn't make much of it but when I look back at those memories, these children have never had an opportunity to do something with their lives, they work from a young age and have no education just so they can feed themselves.
3. If I had all the money in the world and wanted to make a change in this regard, I would set up a non-profit organization to help get these people out of those horrible work conditions and give them an opportunity to learn and educate themselves so they can have a career and hopefully a good life. Another thing that needs to happen on a global scale is the strict enforcement against child labor as well as non-humane work conditions.
Great blog post, I agree that the issue of sweat shops and the working conditions for garment workers in third world countries are truly horrific, and not something that we in America can really talk about all that much. Like you mentioned, I also think that economic globalization, and capitalism in general, truly seems to favor the wealthy, while the poor get the short end of the stick. Your solution to this problem with establishing an opportunity for education is probably one of the best to solve this problem, as it would allow millions of women access to higher paying jobs.
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