Paper 3 Reaction To Globalization

Topics: Third World, Economic development, Economics Pages: 2 (480 words) Published: May 11, 2015
Janina S. Magahum 17 October 2014
Business Ethics Paper #3
Reaction to Globalization: Oliva Blanchette and GB Madison
I remember getting my first mobile phone when I was in 6th grade. Even then, I knew times were already changing. What I did not know then was how I would be contributing to this advancing world. I am all for development because I like the feeling of doing things the easy way. Though inevitable, there are other things I am not agreeable with. In the 90s, the term, “Globalization” emerged. I am not familiar with the exact year, but I believe I first heard this word in high school. I may be wrong but recalling how I reacted to it then, I think it didn’t really bother me as long as I had new gadgets and nice transportation. After reading articles by Oliva Blanchette and GB Madison, I did not expect that Globalization had a larger scope. It’s not all about technology nor is it all about which country has some expensive machine that will help revolutionize the world. It’s more. Both authors contributed to my understanding of globalization. Two things struck me in GB Madison’s article:

1) Democracy
Globalization aims to have a market-friendly economy. I guess you can say that a country that is democratic in nature practices globalization, wherein countries want to be heard as a whole for economic development. In the interim, however, this may not hold true to third world countries. All this talk on Globalization will eventually hide the voices of the masses and even maybe the middle class. We all want to improve the quality of life but what if we won’t be able to reach that common goal as a whole because we can’t afford to have a life that offers these economic advances? 2) #Share-a-Coke Phenomena

On the other hand, Madison also discusses a wholly different perspective in civilization. Fast food companies have come up with advertisements that destroy the walls that separate different peoples because globalization presents “one...
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