Globalization

Globalization is defined by dictionary.com as: to extend to other or all parts of the globe; make worldwide. this concept is relatively new because of the vast technology advances the world has made in the past 50 years. Globalization do not seem so bad at first glance, it gives everybody a common background and brings the world closer together. for example two thousand years ago to have silk from china was one of the most expensive things in the world and would take years to get it. Now we can take walk down the street and find everything lined with silk or made purely from silk. Globalization has made the world smaller and made these once foreign commodities normal to our everyday life. The other side of Globalization is one of greed. children in china work for hours a day to make a pair of jordans that americans will pay 200 dollars for and they are paid pennys a day. that doesnt add up to me, if a company is making profits at record numbers then the people who actually make the company run should be the highest paid. since companies like nike see the opportunity in 3rd world countries to go over there and set up factories and pay their works pennys a day they jump on it. the reason this continues is because the people in those 3rd world countries have no other ways of making money and if the workers go on strike nike can find an entire new group of works that will take the job.