Globalization happens to be one of the most interesting phenomenons that shape our lives today. It basically means the crossing of boundaries that were once created to separate. Globalization creates a global village that brings people together, countries together and simply makes the world a boundary free world. However the debate remains whether globalization is indeed a benefit to this world or simply a blanket cover for making the rich richer.
Globalization helps us by bringing the world closer. The gap between cultures and languages is closed and a much more synchronized state of living is organized. However, critics argue that this very synchrony tends to over shadow the weaker cultures or those that are not very proliferated. One culture emerges as the stronger one to over shadow and eventually infiltrates the weaker culture leaving it no longer the same and simply a part of history. Thus we see the polarization of the western culture and an eastern culture with no specificity in between that once littered the world.
Apart from that globalization has succeeded in making trade easier. What was once only available in one part of the world is now a worldwide commodity. There is no longer sovereignty in trade and being the jack of all trades is a much easier option. While this point may prove that globalization has indeed worked some magic, on the other hand this very diminishment of trade barriers had led to first world countries having the upper hand in trade and finance all the time. Smaller nations, who once capitalized on their own special trade items, are now unable to earn their due place in the world market due to homogeneity.
Also while globalization may have brought countries together, it has given the powerful nations a chance to freely infiltrate weaker nations and dictate their policy. Globalization has in a way legitimized the interference of nations amongst each other. This policy is detrimental to smaller nations that need their own space to grow. Instead they are manipulated for the interest of powerful nations.
Conclusively, globalization while removing boundaries has crippled the world of its differences which were once celebrated.
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