Alternatives to Globalization Research Paper Example | Topics and Well Written Essays - 500 words

Alternatives to Globalization - Research Paper Example The phenomenon of Globalization is not new and has been around even before the outbreak of the First World War in 1914, however it has been deeply controversial as there have been two schools of thoughts i.e. the advocates of globalization and the opponents; debating over the concept of globalization ever since it has been coined. The advocates of globalization argue that globalization has harnessed various positive initiatives as it allows the developing countries and its citizen to better develop economically and increase their standards of living, as free market allows efficient allocation of resources with which all the countries involved are benefitted. It also perpetuates economic freedom in terms of democracy and capitalism. The integration and interaction that is achieved through globalization, it allows international cooperation in solving major global issues concerning the human rights issues or the environmental issues such as global warming. Globalization also helps in pr omotion of a unified culture and frame of reference thus mitigating the misconceptions harbored and enforcing more understanding of each other.