Even though globalization affects the world’s economies in a positive way, its negative side should not be forgotten. Discuss.

In the present age,

globalization

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is playing an increasingly important role in our lives. But in the meantime, whether it is a blessing or a curse has sparked a heated debate. Some people argue that

globalization

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has a fundamentally beneficial influence on our lives, while many others contend that it has a detrimental effect as well. A convincing argument can be made about industrialization not only playing a pivotal role in the development of technology and the economy of the nation, but

also

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promoting the cultural exchange between different countries. To start with, it is the advancement that impelled many corporate to become international groups, thereby making a contribution to the local technology and employment. Specifically, when a multinational group establishes a factory in a developing country, the new equipment, the new management skills and the job vacancies are all in the best interest of the local society.

Moreover

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, people worldwide can get to know each other better through

globalization

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. It is easy to see that more and more Hollywood blockbusters show cultures different from American, some recent examples are ‘Kungfu Panda’ and ‘The Mummy’. Admittedly, the profit driven side of

globalization

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has severely affected young people. Today, in the metropolises in different countries, it is very common to see teenagers wearing NIKE T-shirts and Adidas footwear, playing Hip-Hop music on Apple iPod and eating at the burger shop. The culture that took a thousand years to form just seems similar in these cities; it seems as though you can only distinguish them by their language. Meanwhile, in some developing countries, sweat workshops are always a concerning issue.

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, reports show that some teenagers employed in NIKE’s contractors work in smelly factories over 14 hours of a day, but only paid fifty cents per hour. To sum up, I would concede that the liberalisation does come with some adverse effects. Despite that fact, benefits created by it far outweigh the disadvantages. Overall, I am convinced that we should

further

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promote

globalization

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and meanwhile the local government should take measures to combat culture assimilation and sweat workshops.