The Impact of Globalization.

[sanan]

"We live in an era of globalization."

We are told this constantly. We hear things like: we are a global world; we live in a global village. But, what does this really mean?
There are 4 aspects to globalization.

First we are global in our information exchange–obviously the Internet is the best example of this.

Secondly we are also global in our travel–with airplanes and also cars, people move all over the place, and we get to see other countries across the world.


 Thirdly, we are global in our resource depletion. No society can isolate itself from global environmental degradation. Problems such as air pollution, acid rain, and climate change don’t respect international boundaries.

Finally, we are global in our economy. 

My friends what is your comments.


We are now seeing the spread of capitalism around the globe. It is everywhere now.
There are 3 aspects to this global spread of capitalism: production, finance and markets. With regards to production, the products we buy are better traveled than we are! There are many social and environmental impacts from this practice of producing goods in the third world for sale in the first. This practice is called the global integration of production.
The second aspect to the global spread of capitalism is that of finance–financial trading is now a global practice. For example, you can buy stocks from a company anywhere in the world.
The third aspect is that of markets. Nowadays, a seller sees its market as not just Sabah, but as Malaysia. The same products are being sold all around the world. Conversely, you can go anywhere in the world and buy the same things; for example McDonalds/KFC is everywhere. This has led to global way of living, but it really has lead to the standardization of life.
To say that life is standardized means that life is becoming more uniform everywhere. This is occurring in different ways:
·   Way of dressing
Everyone now wears jeans or a suit and tie. This is a European way of dressing, and so we are seeing the disappearance of local ways of dressing.
·   Way of life
It has become common for everyone to get a job; alternative lifestyles are disappearing. Conspicuous consumption is also becoming more common.
·   Language
Everyone speaks English these days. In Israel, people don’t learn Hebrew and Arabic, which would make sense; instead their second language is English.
English is now the most common second language in the world.
·   Media
Standardization of media can be seen in TV and radio. CNN is everywhere. American and European music is everywhere. Often in other countries you will hear elevator music of Beatles songs rather than local music.
It can be seen that the standardization of life really means the standardization of the western way of life.  For example, TV shows seen now around the world are mainly American TV shows. The same can be said of music and styles of clothing.
This is all globalization, and these are all aspects of the
global spread of capitalism, but what does capitalism really mean in an everyday sense?

 Really, capitalism means the combination of private property and wage labor.

For example: private property may be a factory, and I can hire people to work in my factory but I have to pay them a wage. This sets in motion a productive relation, which means someone agrees to work and to surrender what they make in exchange for a wage. An example: say I have a beer factory, if you worked at my beer factory and then took home so many cases of beer you would be charged with theft–instead you only get to take home a paycheck. A worker maybe makes $10 / hour but makes enough beer in that hour worth $50, then $40 of it goes to the capitalist who is the owner of the factory. This $40 is surplus value, or profit, and this is the goal of capitalism.

[admin]

Dear Sanan,

What do you think the benefits we get from globalization as a Citizen of country Malaysia?

 

[sanan]

Nowadays, globalization has become a subject of much public interest. Everyone talks about it. The reason is obvious; people from almost all walks of life are concerned about the ultimate repercussions of globalization. How will globalization affect their daily lives for example? Or what can they do to minimize the potential ill effects of globalization?

All kinds of theories have been put forward predicting what globalization will do to the common man. It is quite clear nobody can stop the advent of globalization. But this does not mean that the world cannot avoid its possible negative implications.
Come to think of it, the world is indeed getting smaller by the day. Thanks to the Internet and other new communication technologies, it does not take long for news from any corner of the globe; however, remote it may be, to reach almost the entire world.

Information is no longer the privilege of only a limited few. If at all, the World-Wide Web has made most information public property. And the Internet has also made it much cheaper to access information.

Whether we like it or not, the much talked about borderless world where information flow is literally unstoppable is a reality we just have to learn to live with. There is no turning back.

However, we are all too familiar with the ill effects of globalization running wild. The 1997 economic crisis, which hit our country, is a strong reminder to all that there are elements waiting to exploit the darker side of globalization.

So what do you think? Let us share our knowledge & experience in the real life of business.

[Gandason]

Dear SIR what do you think regarding the prime minister announcement that all goverment servant can do extra business after office hour.....i think it will affect the work performance of the staff and the dept....but its only my opinion....but i think in sabah many of sabahan citizen who work in goverment dept ... do extra business by working at Rubber Plants....paddy plants.... and also by farming.

[admin]

Hopefully they will know how to manage their timetable efficiently otherwise situation could get even worst~

My 2 cents worth comment