Monday, October 24, 2011

Annotation # 6. Assignment 12

        Heine, Jorge, and Ramesh Thakur. "The Dark Side of Globalisation." Hindu online (provided by World News Connection). 10 Jan 2011: n.p. SIRS Issues Researcher. Web. 20 Oct 2011.
    
        Globalism "has changed our interactions with the international environment. For many, globalization the intensified cross-border exchange of goods, services, capital, technology, ideas, information, legal systems, and people is both desirable and irreversible, having underwritten a rising standard of living throughout the world." But for others it has devastated their countries economies. The flow of capitalism is controlled by the rich and therefore the poor suffer from it. The rich continue to stay rich and the poor continue to not receive the right kind of help they need. "Over the last two decades, oversea development assistance from the rich to poor countries has totaled $50-80 billion per year." That means for every dollar we give in aid money we take back ten dollars illegally. 
        "Industrial countries are mutually interdependent; developing countries are largely independent in economic relations with one another; and developing countries are highly dependent on industrial countries." Industrial countries need other countries to trade with. Developing countries are dependent on already established countries and not other developing countries. Developed countries benefit from trading with undeveloped countries, in a way that they can help shape that countries economy according to their own needs. They also need industrial countries to help provide for them and to have an equal trade exchange with. They must also learn to channel "the enormous opportunities offered by an expanding world economy for the benefit of their citizens." 
        Human trafficking is also a contributor to the dark side of globalization. It turns human beings into things to be sold and are made into a profit in the international market. Africa has many other crimes within their continent that is causing them economic trouble and not allowing them to expand their market but instead is continually pulling them back under into poverty.  
        



2 comments:

  1. Reading through your post I found two different topics--globalism and human trafficking. I am not sure if you are going to be talking about both or one moreover the other, but it's hard for me to know what your topic is. It felt as though you through in the human trafficking at the end as a way to finish your post, when it actually through me off. It's as though you needed one more paragraph or concluding sentence to bring me back to your main topic.

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  2. I agree, there are two different topics that were mentioned and it was hard for me to follow and understand what direction you are going with your research. In my opinion, I think it would actually be interesting to read an essay about human trafficking.

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