Does globalisation really benefit everybody, as many of its leading Essay

Does globalisation really benefit everybody, as many of its leading advocates claim Illustrate your answer with reference to TWO empirical cases - Essay Example This is term has existed since the mid 18th century, finding its way to the 21st century. That said one can see that globalization has benefit effects and disadvantages. The are not appealing to everyone as well as not benefiting all the people as the aspect is supposed to do. Therefore, globalization does not necessarily help everyone as many of its leading advocates claim. This is a fact that is evident as the paper has illustrated below. That said the key players in this sector of globalization should see to it that this aspect benefits all of the people no matter the class that they belong to. Only then will this aspect be embraced with everyone and all the changes that are brought by globalization will be accepted by all of the people, be it the rich, poor, young, old, sick, healthy just but to mention a few. Globalization being described as a process that involves international integration that arises from the interchange of a number of things, product, ideas, world views among other features that involve culture, this makes it something that involves many if not all of the world’s population. Therefore, this aspect of globalization should be considered and looked into with the seriousness that it deserves. People would want to see their lives change for the better, and if globalization is a way through which that is going to be possible, then everyone opts to see the benefits and not only a few individuals belonging to a particular class of people. This paper discusses the cons and pros of globalization, putting into consideration to this question; does globalization ‘benefit everybody, ’ as many of its leading advocates claim? This question will be answered and discussed in relation to the present global financial crisis as one of the empirical cases. During the past few years, steady proclamations have been made by the advocates of the economic