Our world has become smaller than it actually is. Technology enables us to easily communicate to people in the opposite side of the world with utmost ease. We are always closer even if geographically far.
Even though we’re well connected, we are separated through borders and nationalities. Borders don’t let people travel across them as they will. Globalization questions the very root of this problem: what would happen if these borders just go away. Globalization enables this through companies, governments and people world wide.
Globalization helps us with free trade. Without borders, consumers can purchase anything from any part of the world in a reduced cost. And more trade only leads to more job opportunities. With open borders, developing poor areas of the world is easier and much enhanced. Moreover, if the borders are open, then resources can be pooled, climate crisis can be solved and we won’t be depleting any of the resources.
But also like anything, it has it’s own bad side. It’s possible that with globalization, the coin of economy will broaden: the rich become rich, making the poor poorer. While it increases job opportunities, it also spreads jobs only in areas with low labour cost, leaving the other areas with a struggle for jobs. It creates a mindset of the rich and influencial being more powerful, creating a very uneven power pool. Globalization can also mean that it could lead to exceeded climate crisis and pollution.
Even if globalization can lead to a lot of development in a lots of areas, it can also cause equally scarring consequences. Like everything, it has it’s boon and bane.