This video shows, how the working and living conditions are in other parts of the world. It is really important because the persons in the video are American and they are experiencing the negative part of globalization.
Globalization affects the whole world. Positively it creates competition, therefore the buyers benefit. It also gives underdeveloped countries an opportunity to increase their economies. Negatively, it creates a larger gap between the rich and the poor. Globalization describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. Globalization greatly benefits the countries that have the most powerful economies leaving “underdeveloped” countries with poor working conditions and exploitation of labor.
The issue of globalization is not a new problem and it remains a threat to human quality. Globalization is a process of interaction, communication, and integration among the people, companies, and governments of different nations. This process has effects on the environment, culture, political systems, economic development and prosperity, and on human physical well-being in societies around the world. Globalization creates an unfair international free market that benefits multinational corporations in the Western hemisphere at the expense of local enterprises, local cultures, and common people. Bob Peterson discusses the facts of sweatshops around the world. This information shows how globalization affects those people who do not have the minimum living conditions. This applies to the issue of young kids having to work for international brands because of the increasing need of cheap labor. Young children have to work because the wage of their parents is not enough to have the necessary to survive. For example, in the information presented by Bob Peterson, in the book Rethinking Globalization, states data about the wages that workers around twelve different countries. One of them Honduras, the texts states, “The majority workers are young women of 14, 15, and 16. They are forced to work overtime. Fourteen-hour shifts Monday through Friday, as well as nine-hour shifts on Saturdays and Sundays…The workers earn approximately 43 cents per hour”. This clearly illustrates how human qualities and rights are overlooked when it comes to make profit. Due to globalization, factories like Evergreen Factory in Honduras seek for countries with an economy not as great as others, where people need to work and they are willing to receive a low wage.
The Group of Eight is the world’s leading industrialized nations. The G8 Summit has consistently dealt with macroeconomic management, international trade, and relations with developing countries. Questions of East-West economic relations, energy, and terrorism have also been of concern. The G8 with other international organizations hold the power and the future regarding the economies around the world. With the G8, the World Trade Organization (WTO) is the organization with most power regarding trade, which greatly contributes a countries economy. The issue of the WTO holding the power regarding trading around the world contributes to the unequal benefits that globalization gives. In a study conducted by Richard Locke and Monica Romis, expose the reality of the working conditions in “developing countries”. In order to expose the reality of brand factories around the world, they studied two Mexican Nike plants. The studies conclude that most of the brand suppliers treat their workers with no respect, forcing them to work overtime with no extra pay, “at Plant B, force overtime is the norm. Individual workers do not volunteer to work extra hours… Several workers in Plant B reported that they actually work more than 60 hours per week”(Locke and Romis 2007). This illustrates that even though the WTO has the responsibility to monitor the levels conditions of workers affected by trade, it does not do a good job with it, which shows how the powers holders fail to fulfill their objectives such as “ ensuring increased transparency and predictability of relevant rules and regulations” as stated in the WTO official website.
Along with the Group of 8 and the WTO, the Monetary International Found, the World Bank and the Group of 20(which includes the G8) are the ones that control of the world economy.They also fail in controlling the well-being of the workers in "developed" and "developing countries." In the study conducted by Romis and Locke, they clearly expose the difference in two Nike plants in the same state. In plant A the workers have a weekly wage of 85.5 dollars and in Plant B they have a 68 dollars wage per week. There is a difference of 16.5 dollars. In Plant B the over-time work is force, wheres in Plant A is optional. The conditions in Plant B are also really bad compare to Plant A. This is a serious problem because just like in Mexico the plants (miles away from each other) has inconsistencies, the same problem occurs around the world, not only in the Nike plants, but also in other international companies.
The issue of globalization is not a new problem and it remains a threat to human quality. Globalization is a process of interaction, communication, and integration among the people, companies, and governments of different nations. This process has effects on the environment, culture, political systems, economic development and prosperity, and on human physical well-being in societies around the world. Globalization creates an unfair international free market that benefits multinational corporations in the Western hemisphere at the expense of local enterprises, local cultures, and common people. Bob Peterson discusses the facts of sweatshops around the world. This information shows how globalization affects those people who do not have the minimum living conditions. This applies to the issue of young kids having to work for international brands because of the increasing need of cheap labor. Young children have to work because the wage of their parents is not enough to have the necessary to survive. For example, in the information presented by Bob Peterson, in the book Rethinking Globalization, states data about the wages that workers around twelve different countries. One of them Honduras, the texts states, “The majority workers are young women of 14, 15, and 16. They are forced to work overtime. Fourteen-hour shifts Monday through Friday, as well as nine-hour shifts on Saturdays and Sundays…The workers earn approximately 43 cents per hour”. This clearly illustrates how human qualities and rights are overlooked when it comes to make profit. Due to globalization, factories like Evergreen Factory in Honduras seek for countries with an economy not as great as others, where people need to work and they are willing to receive a low wage.
The Group of Eight is the world’s leading industrialized nations. The G8 Summit has consistently dealt with macroeconomic management, international trade, and relations with developing countries. Questions of East-West economic relations, energy, and terrorism have also been of concern. The G8 with other international organizations hold the power and the future regarding the economies around the world. With the G8, the World Trade Organization (WTO) is the organization with most power regarding trade, which greatly contributes a countries economy. The issue of the WTO holding the power regarding trading around the world contributes to the unequal benefits that globalization gives. In a study conducted by Richard Locke and Monica Romis, expose the reality of the working conditions in “developing countries”. In order to expose the reality of brand factories around the world, they studied two Mexican Nike plants. The studies conclude that most of the brand suppliers treat their workers with no respect, forcing them to work overtime with no extra pay, “at Plant B, force overtime is the norm. Individual workers do not volunteer to work extra hours… Several workers in Plant B reported that they actually work more than 60 hours per week”(Locke and Romis 2007). This illustrates that even though the WTO has the responsibility to monitor the levels conditions of workers affected by trade, it does not do a good job with it, which shows how the powers holders fail to fulfill their objectives such as “ ensuring increased transparency and predictability of relevant rules and regulations” as stated in the WTO official website.
Along with the Group of 8 and the WTO, the Monetary International Found, the World Bank and the Group of 20(which includes the G8) are the ones that control of the world economy.They also fail in controlling the well-being of the workers in "developed" and "developing countries." In the study conducted by Romis and Locke, they clearly expose the difference in two Nike plants in the same state. In plant A the workers have a weekly wage of 85.5 dollars and in Plant B they have a 68 dollars wage per week. There is a difference of 16.5 dollars. In Plant B the over-time work is force, wheres in Plant A is optional. The conditions in Plant B are also really bad compare to Plant A. This is a serious problem because just like in Mexico the plants (miles away from each other) has inconsistencies, the same problem occurs around the world, not only in the Nike plants, but also in other international companies.