Globalization or Deterioration essays

Globalization or Deterioration essays Since 1962, the Wal-Mart Corporation has been providing goods and services to families in America. In 1991 the Wal-mart Corporation became an international company when it expanded to Mexico City. Today the Wal-mart Corporation is shopped at in nine countries and has been placed at number one among the worlds retail stores. Wal-marts motto is everyday low prices and this contributes to its astonishing success for itself. But, when one analyzes the big picture of this business and its market that is becoming more and more lead by huge corporations, one has to wonder if this isnt the beginning of a downfall or deterioration of social structures, national boundaries, and fair trade. This process is called globalization, and I will be examining some of the detrimental effects of it. Globalization is causing the world to lose its mom and pop businesses and replace them with bigger corporations that can supply them with those products once provided by individually owned businesses for a cheaper price. This can be done because the whole paradigm of big business works in a system that provides goods and services to people at low cost to the business. Prior to this process of global capitalism, there were restrictions on these businesses so that monopolies would not form so that one company would provide all the goods or services for that particular industry. Companies like Wal-Mart are now free to take over a particular industry by providing certain goods of wide varieties cheaper causing smaller businesses to collapse. According to William Robinson, the author of Globalisation: nine theses on our epoch, the way in which we trade or purchase goods is not the only aspect that is being corrupted, but politics are being molded and guided by the process of globalization. Robinsons second thesis states that a new structure of accumulation is emerging which, for the first ti...