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| Politics & Government |
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 |  | Q: Anybody think globalization solve poverty in the world?
how! posted by ranishlal on 03-Mar-2007 at 0:38 am  | | A: Answer this question | | | | |  | A: Globalization doesn't stop poverty in the world. The world is already destroyed by the super powers. More are yet to come. Our society of today has become hell for the poor, the rich get richers why the poor get poorer.
posted by caroline on 22-Jul-2008 at 3:42 am  | |
|  | A: This is a great question, and very thought provoking. Not to sound like a pessimist, but I'd have to answer no, I don't think it will lead to a real solution. I think the best we can hope for is global homogenization, and maybe a more even distribution of world poverty. With a poverty rate in the US of over 12% and rising, how can we expect the great economic powers of the world, motivated by their own economic growth, to join together to genuinely prioritize this problem? It would take a simultaneous shift in global consciousness.
|  | A: I would also have to say no. I've been studying about Latin America recently, and the pattern I've noticed is that smaller countries that enter the global economy may improve their conditions as a whole, but the poor sectors of their population suffer even more. For example, international money lenders like the World Bank make loans on the condition that certain institutions are privatized and public services are cut. This leads to national companies getting sold to the highest bidder-- usually foreign investers-- who are only interested in turning a profit. The end result is higher prices for the working man, and poor communities unable to afford basic necessities, like water. Check out this link to articles about the Bolivian Water Wars of 1999: http://www.democracyctr.org/waterwar/. Sorry to give you another pessimistic answer, but I think that the best we can expect from globalization is a wealth of cool cultural blends in areas like art and music (like reggaeton).
posted by Eve on 14-Mar-2007 at 5:06 pm  | |
|  | A: In the short term, no. In the long term I believe yes. All of the major economies in the world are currently undergoing massive changes in the way business is done and how new ideas and ventures are created. I don't believe that these fundamental shifts in our world, largely caused by the internet and the opensource concept and other changes in the way we do business and relate to each other will allow any sector of our global society to languish in poverty and the dark ages. Will it happen quickly? Can't say but chances are better now for someone from a third world country than at any time before in our history. Then there is the whole issue of the coming new frontiers of space. There will come a time when anyone from anywhere will be able to find a new place to go. However, there still are some massive problems to solve. But that is what we monkeys do best, solve problems.
posted by wyndancer on 16-Jun-2007 at 11:06 pm  | |
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