Globalization

"Globalization is about worldwide economic activity - about open markets, competition and the free flow of goods, services, capital and knowledge" [Definition according to International Chamber of Commerce] The ICC recognizes that globalization can be beneficial economically, but fails to realize the atrocities in the Global South that make these economical gains possible. When asked to what extent should Globalization be promoted in today's society, the following questions must be answered: are the peoples of the Global South exploited? Are cultures being disregarded? What are some econom…