Cultural Globalization Despite the Prevailing Term Paper

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The ethics of using labor at rates far below what would be necessary in their own nations, with no requirement of paying healthcare, no workers' compensation insurance, no unemployment insurance, or even the threat of unionization sadly ensure this practice will continue. Yet when one considers this aspect of westernization it is clear that globalization in fact does not provide benefits to everyone in the long-run.

Towards a More Egalitarian Model of Globalization

Instead of blindly moving into a specific region or nation of the world and developing either one of several factory types as defined by Ferdows in much of his work on globalization of manufacturing, or attempting to create entirely new distribution channels to sell to residents, companies need instead to take a more egalitarian approach to global expansion. In their article the End of Corporate Imperialism, Prahalad & Lieberthal (et.al.) and in Dr. Prahalads' book the Fortune at the Bottom of the Pyramid, there is ample evidence to suggest that the destructive aspects of globalization can be overcome by defining a more collaborative series of expansion strategies with the countries and regions of interest. The potential for in fact enriching a given region by creating CSR programs, defining entirely new approaches to increase farm subsidies, and also create banks and financial institutions in regions of the world where there is no financial infrastructure are all aspects of this strategy.

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The egalitarian approach of looking first at the potential of increasing the quality of life and also providing needed programs and services is more humanitarian and less purely driven by the need to generate profits quickly. The message of CK Prahalad is that globalization has to be more about the social issues and counterbalanced by the long-term growth, not purely driven by growth or cost reduction. His research bears out the success of this strategy and also aligns well with the requirements on the part of the Indian government for more integrative control over growth through multinational corporation (MNC) investment.

Summary

Westernization in general and Americanization specifically are having major impacts on nations around the world. There is a definite need for governance and oversight to ensure that worker's rights, health, and welfare are protected, in addition to oversight to ensure their cultural and religious beliefs, ceremonies and rituals are maintained. The best performing model of globalization centers on an egalitarian approach to enriching a region first and then seeking to find a collaborative basis for mutual gain......

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"Cultural Globalization Despite The Prevailing" (2008, April 30) Retrieved May 3, 2024, from
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