Global Uprising: SHIRLEY BABOOLAL
We cannot take for granted that the world will continue down the road of globalization, greater prosperity and greater democracy. that may be an astonishing thing to say at the end of a century that witnessed the first sustained competition between two clearly defined economic and political systems. The pro- democracy, pro- market, pro-globalization systems won that contest decisively. Nonetheless, the system is under attack .Stanley Fischer. (2003, p.26).
If you look around the globe, you can see a majority of countries benefitting from this globalization drive have seen a rise in inequality and poverty. The failure of market driven globalization to reward the benefits equitably led the United Nation to proclaim1996 as the International Year for the Eradication of Poverty (IYEP) and the decade of 1997-2006 as the international decade for the eradication of poverty and to promote 'people-centered sustainable development.(The Political Economy of Globalization, (Satya Dev Gupta).
This is food for thought. From 1996 till present, the strained relations between capital and labor, gender equity, increasing tensions between north and south and changes in the roles of international institutions, labor organizations, nation states and non-governmental organizations, has impacted negatively, where the north countries seem to be in control of the global south and exploitation is still the name of the game. Can poverty be eradicated while being exploited?
Poverty cannot be eradicated while being exploited due to the impact of globalization in all spheres of life especially economically. The global north has secured its position by historically raping the global south of it's natural resources. Through technology they have converted through the process of industrialization the products that they wave in our faces which we readily consume thus creating a level of dependency. WE need to counter globalization which may not be an easy thing to do.
ReplyDeleteJuliet Portillo