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Anti-Globalization

Anti-Globalization. Yin Chan Michael Chung Khai Trieu. Agenda. Definition: Globalization/Anti Movements /Causes of Anti-globalization Pros and Cons of Globalization Why Anti-globalization? Question. Globalization.

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Anti-Globalization

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  1. Anti-Globalization Yin Chan Michael Chung Khai Trieu

  2. Agenda • Definition: Globalization/Anti • Movements /Causes of Anti-globalization • Pros and Cons of Globalization • Why Anti-globalization? • Question

  3. Globalization • Defined as the people of the world are unified into a single society and function together • Investment funds and business to move beyond domestic to national markets • The reduction and removal of barriers • Can be measured in four main categories • Goods and Services: Imports & Exports • Labor: Migration • Capital: Investment • Technology: Information Technology

  4. Anti-Globalization • Anti-Globalization • A term ascribed to the political stance of groups and individuals who oppose aspects of globalization in its present form. • A Social Movement • Participants are united in opposition to: • Political power of large corporations • Trade Agreements that undermines the environment and labor rights.

  5. Anti-Globalization Movements

  6. J18 • June 18, 1999 • London, UK; Eugene, Oregon • Seattle/N30 • November 30, 1999 • 5,000 protesters blocked delegates’ entrance to WTO meetings in Seattle Protesters forced the cancellation of the opening ceremony and lasted the length of the meeting until December 3 • Genoa • July 18 – July 20, 2001 • Biggest anti-globalization gathering in • history, 250,000 protesters against the G8 meeting in Genoa, Italy 3 dead, hundreds hospitalized

  7. People Say About Globalizations • Economic Globalization caused several social ills today such as: deterioration of environment worldwide (global warming), third world debts, animal rights, child labor and anarchism. • Target anti-globalization: WTO (free trade), IMF (bank loans while the countries were in crisis), and World Bank (long term loans). • Exploitation of world poor, workers and environment.

  8. People Say About Globalizations • It make easier for the rich companies act with less accountability • Countries individual’s culture are becoming overpowered by Americanization. (MacDonald and Star buck, Wal-Mart) • Globalization: target profit • Anti-Globalization: saw what were and will happening in the world and fights for global justice.

  9. Globalization: Pros & Cons • Pros • Worldwide market for companies and the people. • Productivity growth among countries that produces goods and services in which they have a comparative advantage. • More access to products of different countries • Open economy spurs fresh innovative ideas from abroad. • More influx information between two different countries • Cross cultural mix of ideas, in time adopt favorable idea. • World Power. • Politics merging that is beneficial for everyone. • Minimizing compartmentalized powers.

  10. Pros & Cons (cont’d) • Cons • Job Lost: • Due to imports or productions shift abroad. • Service and white-collar jobs –Vulnerable to operations relocating offshore. • Western Employees: • Lose their competitive advantages –companies build advanced factories in low wage countries, making them just as productive and thus shifting quality to other countries. • Fear of losing job, companies operating under pressure. • Face pay-cut demands from employers, which often threaten to export jobs. • Corporations: • Threat of corporate take-over, a lot of power through globalization.

  11. Why Anti-Globalization? • Environmental • Global warming issues: • Biodiversity lost • Species extinction • Pollution • Developing countries depend upon agriculture and this will particularly be effected by global warming. • Developed countries exporting hazardous waste to developing countries.

  12. Why Anti-Globalization? • Economical • Exploitation of third world country resources. • February 26 2007: Starbucks Vs. Ethiopian Coffee • Plead for Starbuck’s support to trademark 3 of its coffees in U.S. • 1lb beans average price: $1.45 – generator fuel –bank interest –labor –transports = less than $1 • 2432 Ethiopian farmer $.55 a day.

  13. Why Anti-Globalization? (cont’d) • Cultural • Local and minority cultures are diminishing • Western influences engulf developing countries • Global expansion: McDonalds • 100+ countries • Serves 50 million people daily

  14. Why anti-globalization? (cont’d) • Women and Children • Majority of sweatshops employ female. • 3 major issues subjected to workers • Wal-Mart 60,000 plus suppliers in 70 countries. • Child labor as: Ages 4+ • Nike factories in Pakistan. • 1996: 12-year-old Tariq • Stitching Soccer Balls • $.60 a day 45+ balls

  15. Why anti-globalization? (cont’d) • Human rights • Other issues arise correlating with sweatshops. • Wal-Mart: Code of Conducts and human rights is promoted to the public, but not regulated or implemented on workers. Strictly their interest is not the welfare of others, instead, their generating profits. • Nike: In Pakistan it is clearly documented that child labor is against the law, but the government carries lack of willingness to do anything about it

  16. Question? • Should we support Globalization?

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