Globization is bad

A detailed Summary of Globization is bad

Globalization; for better or for worse.

Capitalism is a way of life based on the ability to exploit the lower classes and rule by force. Exploiting others is nothing new for man as class inequalities can be dated back to recorded human history. Capitalism first took off on a global level in the fifteenth century, during the mercantilist period of European history. The mercantilists enforced uneven trade relations and manipulated foreign countries like Africa and India into adopting, and spreading the capitalist system. The major problem with this system that governs our lives today is that the further capitalism evolves, the further the gap between the rich and poor becomes. "The three richest people in the world have assets that exceed the combined gross domestic product of the 48 least developed countries." (C. Petroni, 1998)

Due to the fact that the eight most flourishing countries economically have united in pushing the system of globalization; much like the mercantilists did, called t

Some common words found in the essay are:
Africa India, Africa G8, , Human Rights, Middle East, Carlos Petroni, Western Europe, Western Societies, Scientifichttp//wwwmarxistsorg/archive/marx/works/1880/soc-utop/int-mathtm Reference, Losers Globization, petroni 1998, pbs 2002, middle east, johnson 1999, lower classes, child labour, human rights, winners losers,

Approximate Word count = 678
Approximate Pages = 3 (250 words per page double spaced)

Category: Science

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