Critical Response to Two Articles
“Globalization: Marginalization of the poor” “A one-world market is beneficial to all”
Since few decades ago the term “globalization” has been mentioned as an ebullient issue all over the world. From the financial news on the television to academic studies teach in school and it also has become a controversial topic due to the advantages and disadvantages it brings the whole world. In his article Banques. T. K (2007), “Globalization: Marginalization of the poor”, Liberty Press, argues that globalization under the control of developed countries increases the disparity between the first and third worlds, makes the proportion of poverty goes up. On the other hand, in his article “A one-world market is beneficial to all”, World View, Noette points out opposite claims that globalization is eroding the disparity between developed and developing nations, creating the global prosperity, and disseminating wealth, power and liberal democracy throughout the world. This essay will argue that globalization despite of glowing term is considered as a more negative phenomenon in the world.
In the first point, Banques states that globalization is marginalizing the poor. Developing countries are being exploited through “the use of multinational capital and global governance”, resulting an increase of the gap between rich and poor nations. In contrast, Noette addresses that globalization has increased world prosperity and improved the welfare of citizens in the world. Beside that, it guarantees developing of nations’ share of world trade and contribute to the development of all sides for any individual country.
Both Banques and Noette have presented arguments in support of their view, however Banques seems to be more convincing by pointing out appropriate statistics about the value of share in Africa and Latin America has fallen. It proved that Noette’s claim that globalization makes the nations’ share increase is wrong. Moreover, Noette does not cite any sources to back up his claims, and fails to acknowledge that the rapid dissemination of globalization has led many troubles to small countries and make them become more vulnerable.
At the second point, Noette says that globalization has brought about huge benefit as can be defined as “the diffusion of prosperity, wealth and power, resulting in modernization and development”. For example, the economic in Eastern Asia has merged as a young, progressive and potential market. Additionally, the major multinational companies or international institutions such as the IMF, The World Bank and the G7 are doing really a great job in restructuring developing countries into a better organization which will be more flexible to deal with world political, economic and social problems. Nonetheless, Banques blames the crisis happened in Asia was a directly result of globalization which spread rapidly and seriously effected on the economic zone. Banques also believes that the interference of The World Bank and IMF has slowdown the development and coerce the countries’ growth by compellable strategies. In this argument, Noette’s claim is not supported with any concrete evidence and too general while Banques are successful in adding the facts that happen seriously in over the world.
In conclusion, Banques and Noette have different perspectives about the spread of globalization and its advantages as well as its disadvantages. Banques argues that globalization is not the solution for world poverty and hunger however Noette strongly believes that globalization has brought plenty of benefits to the world and all the citizens. Yet, Noette fails to convince the reader as his claims are not supported by any supporting documentation. Like a coin, every thing has two sides but it seems that globalization is ruining the world; from the economy field to the connection between people.
Reference list:
Banques, Kyle Theo, 2007, “Globalization: Marginalization of the Poor”, Liberty Press, USA
Noette, Rich N. 2007, “A One World Market is Beneficial to All”, World View Press, USA
Original source: Grab Your Example Essays Now
Showing posts with label Critical Writing. Show all posts
Showing posts with label Critical Writing. Show all posts
Tuesday, April 12, 2011
Critical Response to Two Articles
Critical Response to Two Articles
“Globalization: Marginalization of the poor” “A one-world market is beneficial to all”
Globalization process is bringing the world closer together. Life becomes more modern, society is more developing and the whole world is on the way of development. However, some still consider that globalization is not a glowing term at all. Beside that, it brings more troubles to the world despite the sparkling surface. In his article Banques. T. K (2007), “Globalization: Marginalization of the poor”, Liberty Press, USA claims that globalization is coercing developing nations and dominating them through economic demands. Nonetheless, in his article “A one-world market is beneficial to all”, World View, USA, Noette (2007) argues that globalization brings prosperity to the world, and it is creating “a global market civilization in which wealth, power and liberal democracy are being disseminated”. This essay is in response to both of these articles with the point of view that globalization is beneficial to all.
In the first argument, in term of the development in every country Banques claims that globalization is dominating and controlling small nations and makes them become weaker while developed country is getting stronger and stronger and it also widens the gap between rich and poor people. In contrast, Noette points out that globalization has increased world prosperity and reduced global poverty. Moreover, it has improved the welfare of citizens in almost all regions of the world and guarantees for the nations’ share of world trade. The technological innovation, brought about by globalization has created a new step for the development of the whole world.
Both Banques and Noette have presented arguments in support of their view, however Noette is more convincing because his claims is naturally flow and it does reflect the fact that globalization is much more beneficial to the world. On the other hand, Banques’s points seem to be too negative. It is undeniable that developing countries together with help from multinational capital and global governance become richer and more developing rather than being controlled by power nations.
In term of the effect of globalization on the world economy, Banques addresses that “the East Asian Crisis was a direct result of globalization”. It proves that poorer countries are more vulnerable and suffer more than rich countries. In addition, he argues that multinational companies or international institutions are not helpful to make the third worlds are better but worse. They slowdown the economy and force the nation to follow strategies that it is obligated to do. Taking the same points to look at but Noette has totally different view. He states that globalization is such a huge beneficial mine not to any individual but the whole world. The process of globalization has brought prosperity to the world, resulting in the modernization and development. An example that can be claimed for this point is the new economy zone which is developing rapidly in Asia. Globalization has helped those countries to have chance to corporate and do business with multinational companies. It is like a lever for the nation to push itself economic to develop and become larger. In addition, Noette also presents that the IMF, The World Bank and the G7 are helping the poorer countries to restructure its organization in order to enable these countries to deal with international policy, and adapt to the global economy.
In his arguments, Banques fails to convince the reader as his claims are not backed up by any concrete evidence. Moreover he seems to be over generalization when assumes that international institutions are ruining the developing countries’ economy. In fact, institutions such as WTO, APEC have brought many financial benefits to many countries as they always strive to join these organizations. It also proves that, Noette has better concept about organization than Banques and they close to reality than just a negative point of view like Banques’s.
To conclude, Banques and Noette have different perspectives about the spread of globalization and its effect to the world. Banques states that globalization is not effective and helpful at all while it increases the world poverty, the gap between rich and poor nations. Nonetheless, Noette points out supported evidences for the process of globalization over the world because of the rise in prosperity, modernization and development in every countries and improvement of society and communication. In fact, globalization brings many advantages to the world that cannot be denied and as Noette states it is “beneficial to all”.
Reference list:
Banques, Kyle Theo, 2007, “Globalization: Marginalization of the Poor”, Liberty Press, USA
Noette, Rich N. 2007, “A One World Market is Beneficial to All”, World View Press, USA
Original source: Grab Your Example Essays Now
“Globalization: Marginalization of the poor” “A one-world market is beneficial to all”
Globalization process is bringing the world closer together. Life becomes more modern, society is more developing and the whole world is on the way of development. However, some still consider that globalization is not a glowing term at all. Beside that, it brings more troubles to the world despite the sparkling surface. In his article Banques. T. K (2007), “Globalization: Marginalization of the poor”, Liberty Press, USA claims that globalization is coercing developing nations and dominating them through economic demands. Nonetheless, in his article “A one-world market is beneficial to all”, World View, USA, Noette (2007) argues that globalization brings prosperity to the world, and it is creating “a global market civilization in which wealth, power and liberal democracy are being disseminated”. This essay is in response to both of these articles with the point of view that globalization is beneficial to all.
In the first argument, in term of the development in every country Banques claims that globalization is dominating and controlling small nations and makes them become weaker while developed country is getting stronger and stronger and it also widens the gap between rich and poor people. In contrast, Noette points out that globalization has increased world prosperity and reduced global poverty. Moreover, it has improved the welfare of citizens in almost all regions of the world and guarantees for the nations’ share of world trade. The technological innovation, brought about by globalization has created a new step for the development of the whole world.
Both Banques and Noette have presented arguments in support of their view, however Noette is more convincing because his claims is naturally flow and it does reflect the fact that globalization is much more beneficial to the world. On the other hand, Banques’s points seem to be too negative. It is undeniable that developing countries together with help from multinational capital and global governance become richer and more developing rather than being controlled by power nations.
In term of the effect of globalization on the world economy, Banques addresses that “the East Asian Crisis was a direct result of globalization”. It proves that poorer countries are more vulnerable and suffer more than rich countries. In addition, he argues that multinational companies or international institutions are not helpful to make the third worlds are better but worse. They slowdown the economy and force the nation to follow strategies that it is obligated to do. Taking the same points to look at but Noette has totally different view. He states that globalization is such a huge beneficial mine not to any individual but the whole world. The process of globalization has brought prosperity to the world, resulting in the modernization and development. An example that can be claimed for this point is the new economy zone which is developing rapidly in Asia. Globalization has helped those countries to have chance to corporate and do business with multinational companies. It is like a lever for the nation to push itself economic to develop and become larger. In addition, Noette also presents that the IMF, The World Bank and the G7 are helping the poorer countries to restructure its organization in order to enable these countries to deal with international policy, and adapt to the global economy.
In his arguments, Banques fails to convince the reader as his claims are not backed up by any concrete evidence. Moreover he seems to be over generalization when assumes that international institutions are ruining the developing countries’ economy. In fact, institutions such as WTO, APEC have brought many financial benefits to many countries as they always strive to join these organizations. It also proves that, Noette has better concept about organization than Banques and they close to reality than just a negative point of view like Banques’s.
To conclude, Banques and Noette have different perspectives about the spread of globalization and its effect to the world. Banques states that globalization is not effective and helpful at all while it increases the world poverty, the gap between rich and poor nations. Nonetheless, Noette points out supported evidences for the process of globalization over the world because of the rise in prosperity, modernization and development in every countries and improvement of society and communication. In fact, globalization brings many advantages to the world that cannot be denied and as Noette states it is “beneficial to all”.
Reference list:
Banques, Kyle Theo, 2007, “Globalization: Marginalization of the Poor”, Liberty Press, USA
Noette, Rich N. 2007, “A One World Market is Beneficial to All”, World View Press, USA
Original source: Grab Your Example Essays Now
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