Reply to the following post below
Globalization has brought tons of life changing affects that have made up our modern world. When looking at it from an economic aspect, you can see the many pros that come with it. To restrain the giant that is globalization is to limit potential growth around us. The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy (Gopinath, G. & Parker, C., 2019). With such potential gained from globalization, restraining it would limit the listed pros. Prices would rise from products such as cars from lack of competitors around the world. The “American Dream” wouldn’t be as substantial as it is without globalization. Those who would want to come to America and share their culture in order to make a living from it here would struggle more than usual if we choose to restrain. Not all sides to the story are bad. Through the restraining of globalization immigration to the U.S. would have to be limited as well, therefore lowering the population for the future of our country and lowering the competition for lower wage jobs. This implies robust social safety nets that don’t just catch people who’ve been hurt by globalization, but relaunches them with work supports, ranging from wage subsidies, health and child-care assistance, and a direct job when labor markets are persistently soft (Bernstein, J., 2016). According to Bernstein, “I’m solidly on the record as simply not believing that globalization can be stopped or even particularly slowed. It can be reshaped, however, and there are different ways to go about that.” (Bernstein, J., 2016).
One of the earliest memories of globalization that I remember was when I was a child. At an early age my parents brought me to the United States from Mexico. As I grew I up in the Southern California are I realized how many Hispanics there were all around me. Everything felt normal for me. Seeing this and being able to visit restaurants and stores that were Hispanic oriented made me realize how easy it was for someone who didn’t know much about one culture could simply up and move and integrate into a new society with their own culture. Globalization has given immigrants a chance to demonstrate others the way they use to live all the while continuing to breath life into their own culture. Because of my past experiences and the way I observed society around me at an early age I can honestly say that globalization is enhancing cultures. As I mentioned before. Globalization gives opportunities to immigrants to share their way of life around the world and therefore allowing their culture to flourish wherever they go.
References
Gopinath, G. & Parker, G. (2019) An Economist Explains the Pros and Cons of Globalization retrieved from
https://www.weforum.org/agenda/2019/04/an-economist-explains-the-pros-and-cons-of-globalization-b2f0f4ae76/ (Links to an external site.)
Bernstein, J. (2016) Globalization: Restrained or Reshaped retrieved from
https://www.washingtonpost.com/posteverything/wp/2016/07/26/globalization-restrained-or-
APA Formatdue in 24 hours