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“People around the globe are more connected to each other than ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available in all parts of the world. International travel is more frequent. International communication is commonplace. This phenomenon has been titled globalization. Globalization is the process of denationalization of markets, politics and legal systems.” (www.globalization.about.com) “There is a growing gap between rich and poor worldwide, arguing that the economic forces of globalization are driving a deeper wedge between rich and poor countries, and between rich and poor citizens within many countries.” (World Issues Notes, “United Nations Human Development Report”) “0% of the worlds population, (the consumer class) consumed over 80% of the world’s resources, that leaves 8 out of 10 people worldwide, with access to only 0% of the world’s energy, food, and financial resources.” (World Issues Notes, “The Growing GAP In Wealth”) The gap between rich and poor is growing increasingly due to globalization.
“Globalization means that world trade and financial markets are becoming more integrated. The term Globalization has come into common usage since the 180’s, reflecting technological advances that have made it easier and quicker to complete international transitions. It refers to an extension beyond national borders of the same market forces that have operated for centuries at all levels of human economic activity.” (www.globalization.about.com) “Globalization could allow for goods and services to be produced in not just one part of the world, but all over, making them more accessible to a more diverse amount of people.” (www.tcqnyc.thinkquest.org) “Global competition leads to lower prices and this means rises in costs of living.” (Canadian Backgrounder � Globalization)
“It is clear that the income gap between rich and poor countries had been widening for many decades.” (www.globalization.about.com) “The poor tend to suffer disproportionately from ill health and hunger, inadequate education and housing and environmental degradation. Life expectancies and the quality of their lives are reduced by factors that often are understood and preventable. Many poor countries don’t receive benefits from globalization. Big companies move their manufacture outside of North America so they can employ cheap labor. Since the “Sweatshops” are making a great profit for the companies, more companies are following their path. Thus it makes the workers employment rate decline.” (www.imf.org/external/np/exr/ib/000) According to George Soros, “We need to establish certain standards of behavior to contain corruption, enforce fair labor practices, and protect human rights. We have hardly begun to consider how to go about it.”(Canada and the World Pg 16)
“The United Nations estimates that the additional cost of achieving universal access to basic education, health care, reproductive health care for all women, and adequate food, safe water and sanitation for every person on this planet is roughly $40 billion per year. This is less than 4% of the combined wealth of the 5 richest people in the world, who have a combined wealth of over a trillion dollars.” (World Issues Notes, “Closing The Gap”) “Advanced economies can make a vital contribution to the low-income countries efforts to integrate into the global economy by providing unrestricted market access for all exports from the poorest countries, encouraging the flows of private capital to the lower-income countries and by supplementing more rapid debt relief with an increased level of new financial support.” (www.globalization.about.com) The world’s priorities are not in order of importance, $8 billion is spent on “cosmetics per years, yet it would cost $6 billion for basic education to everyone in the world. Annual spending on advertising is now $45 billion per year, enough to pay for global health and education 0 times over.” (World Issues Notes, “The World’s Priorities”)
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“There is a growing gap between rich and poor worldwide, arguing that the economic forces of globalization are driving a deeper wedge between rich and poor countries, and between rich and poor citizens within many countries.” (World Issues Notes, “United Nations Human Development Report”) “Many poor countries don’t receive benefits from globalization” (www.imf.org/external/np/exr/ib/000) as the world’s priorities are not in order of importance, “8 out of 10 people worldwide (only have access to) 0% of the world’s energy, food and financial resources.” (World Issues Notes, “The Growing GAP In Wealth”) “Globalizers say ‘Compete. Make yourself cheap!’ Internationalists say ‘Unite. Make yourself powerful!’” These is a growing gap between the rich and the poor is strongly increased by globalization.
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