In most countries, multinational companies and their products are becoming more and more important. This trend is seriously damaging our quality of life. Do you agree or disagree?

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Never before have multinational companies played
such
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a pivotal role in society. In the past, rarely a local company's prod
ucts wou
Suggestion
product
ld reach external markets. Yet today, seemingly due to the advent of globalisation, both manufacturing and distribution have gone global, increasing the quantity and the variety of goods and services dramatically whilst driving down prices. These are often cited as some of the examples of how
this
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trend has improved people’s lives greatly. Advocates of
this
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point of view assert that never has the world experienced
such
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prosperity. From wide-screen televisions to luxury cars, globalisation has brought about variation never seen before. What is more, multinational companies generate a substantial number of jobs and innovation, both of which are catalysts to some wealth in society. And
thus
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, they claim, the quality of people's lives has been substantially elevated across the globalised world. Albeit I acknowledge the validity of
such
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arguments, it is my belief that it is outweighed by one simple yet powerful coun
ter-argument; co
an argument offered in opposition to another argument
counterargument
nsumerism.
That is
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,
such
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a massive number of products allied with an efficient marketing industry, poured with huge budgets, has converted people to mere consumers.
As a result
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, many have become prone to buying compulsively far more things than necessary, generating massive wastage. Worse, some evidence would suggest a strong link between
this
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dysfunctional behaviour and some psychological issues
such
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as depression, stress and the like.
Hence
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, that multinational companies have yielded a number of benefits is clear.
However
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, I feel that the rampant consumerism which has widely spread across society as a consequence of globalisation will end up putting at stake not only our quality of life but
also
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perhaps the planet itself.
Submitted by bhavna on

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