The idea of globalization is a greatly misconstrued, detrimental policy to those countries and people outside of the North American sphere of life. Corporations are globalizing not only to reduce production costs, but also to expand markets, evade taxes, acquire knowledge and resources, and protect themselves against currency fluctuations and other risks (Brecher and Costello 18). Three hundred companies own an estimated one-quarter of the production assets of the world and the richest fifth receives 82.7% of the total world income (Brecher and Costello 29). The gap between rich and poor is increasing worldwide: almost one-third of the population of developing countries, 1.3 billion people, live in absolute poverty- to poor to provide the minimum diet required for full human functioning (Brecher and Costello 24). The driving force of the marketplace is competition: sales go to the company who offers the lowest price. This alone is not a maligned process as prices are lower and there is improved efficiency in production. But when corporations and governments lower costs by reducing environmental protection, wages, salaries, health care and education, the result can be malevo

In 1939, when Carmen Miranda helped bananas to become popular in the U.S., it established the banana as a staple crop for many Central and South American countries, thus ignited the creation of 'banana republics.' Banana republics are described as countries whose land and soul are in the clutches of a foreign company, supported by the might of its own government. Its government is staffed by people who line their own pockets by doing the bidding overseas corporation and its political allies (Enloe 133). The fundamental banana republics were those Central American countries, which came to be determined by the United Fruit Company's monoculture, the U.S marines and the handpicked dictators (Enloe 133). Behind every all-male banana plantation are scores of women performing unpaid domestic and productive labor (Enloe 137). Once the banana trees have been planted, women are likely to become residents and workers on the plantations. Weeding and cleaning are the women's jobs. Bananas are washed, weighed and packed in factories on the plantations before being transported to the docks for shipment overseas. Women remove the bunches from the thick stems, wash them in a chemical solution and pick out the rejects (Enloe 138). Women are hired by the companies to do low-paid, seasonal jobs that offer little training and promotion; some involve the hazards of chemical solution and sexual harassment (Enloe 139). Women are an intricate part of globalization. They perform the tasks and jobs that allow large companies to receive great capital. However, these women are exploited to a greater extent than the men are. They are paid half the wages of men and are the subject to sexual harassment. These women, and men, in the banana republics are paid these miniscule amounts all in the name of 'downward leveling'- a component of globalization. The large fruit companies, such as United Fruit pay their employees very little in attempts to reduce overhead in order in to increase profit. Globalization ignores ethical policies as 'Third World Employees,' are paid below the sustenance level in order to further a company's profit.

lent- "a downward leveling" of environmental, labor an social conditions (Brecher and Costello 20). The most prevalent symptom of globalization is the reduction in labor, social and environmental conditions that resu

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Approximate Word count = 1583
Approximate Pages = 6 (250 words per page double spaced)