I remember reading a book about globalization for one of my previous classes, because we were required to read articles about globalization. And it was very striking to me because I learned different theories about globalization. These separate theories have their own different idea for a society.
The first theory was "Neoliberalism". It is the dominant theory in the society, market, and economics as well. Open trade is seen as the best way to make profit for a country. But I think neoliberalism is about individualism. Wealth is the indicator of success with the means of no government intervention. Our market is controlled by corporations - they are the ones in control of us all. We are all giving these corporations the opportunity to be the leading political power. As they make policies and influence how we live. With neoliberalism, these corporations are quickly gaining more power and wealth than the world's smallest countries. And I dont think this is a good thing.
The second theory was "Development". Development is needed by two-thirds of the world, that's why institutions such as the World Bank and IMF are created to cater for theses countries in need. These institutions have a lot of responsibilities to give back in order for developing nations to progress, they first must focus on its economy. Development is where everyone has enough to get by, and in which states are involved in ensuring the people's welfare, social safety net, and that no one falls below the poverty line.
The development theory and its plans and programs are necessary. Yes, it is impossible to have 0% of people falling on the poverty line or way below it. But they are not to blame, it is not because they are lazy or anything in that line of reasoning, but rather it is because of the government. I think that it is the government's duty to pull them above the line, but the government is not showing enough efforts in helping these people battle poverty. I do not blame it solely to the government, but the people should also do something for their own betterment.
The third theory is the “Earthist” theory, in which local development and environment is prioritized. It is where justice for earth, for humans, and for the interdependence of life is important, and where people help others in decisions.
The last theory is the “Postcolonial” theory, it is the way of looking at the history through the eyes of the people who were taken advantage of, like the marginalized and the colonized. It is in which a community sees individuals as the most important factor in decision-making. It rejects the idea of Westernization and promotes the idea of respecting own cultures. And also it is where the community is actively involved in governance and political process.
I remember reading a book about globalization for one of my previous classes, because we were required to read articles about globalization. And it was very striking to me because I learned different theories about globalization. These separate theories have their own different idea for a society.
The first theory was "Neoliberalism". It is the dominant theory in the society, market, and economics as well. Open trade is seen as the best way to make profit for a country. But I think neoliberalism is about individualism. Wealth is the indicator of success with the means of no government intervention. Our market is controlled by corporations - they are the ones in control of us all. We are all giving these corporations the opportunity to be the leading political power. As they make policies and influence how we live. With neoliberalism, these corporations are quickly gaining more power and wealth than the world's smallest countries. And I dont think this is a good thing.
The second theory was "Development". Development is needed by two-thirds of the world, that's why institutions such as the World Bank and IMF are created to cater for theses countries in need. These institutions have a lot of responsibilities to give back in order for developing nations to progress, they first must focus on its economy. Development is where everyone has enough to get by, and in which states are involved in ensuring the people's welfare, social safety net, and that no one falls below the poverty line.
The development theory and its plans and programs are necessary. Yes, it is impossible to have 0% of people falling on the poverty line or way below it. But they are not to blame, it is not because they are lazy or anything in that line of reasoning, but rather it is because of the government. I think that it is the government's duty to pull them above the line, but the government is not showing enough efforts in helping these people battle poverty. I do not blame it solely to the government, but the people should also do something for their own betterment.
The third theory is the “Earthist” theory, in which local development and environment is prioritized. It is where justice for earth, for humans, and for the interdependence of life is important, and where people help others in decisions.
The last theory is the “Postcolonial” theory, it is the way of looking at the history through the eyes of the people who were taken advantage of, like the marginalized and the colonized. It is in which a community sees individuals as the most important factor in decision-making. It rejects the idea of Westernization and promotes the idea of respecting own cultures. And also it is where the community is actively involved in governance and political process.
