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My Book on Strategic Decision Making

My Book on Strategic Decision Making
Applying the Analytic Hierarchy Process

Sunday, December 02, 2007

Dark Side and Limits of Globalization

Some months back I read a book called World on Fire . Amy Chuha describes " that globalization has created a volatile concoction of free markets and democracy that has incited economic devastation, ethnic hatred and genocidal violence throughout the developing world."

This is really the pther side - the connected in the globalizing world becomes haves and stronger haves, leaving the unconnected as have-nots. This is potentially a dangerous disparity that can kill the very roots of globalization.

Now comes the book by Pankaj Ghemawat - Borders and cultures still matter greatly. This is the identity that individuals and individual communities want to protect at huge costs. There in lie the nemesis of standardization through technology enabled globalization.

How globalized are less developed cities? The article on Iran highlights the issues. It says " Poverty essentially has three closely interrelated aspects: "poverty of money", "poverty of access" and "poverty of power." -

Another interesting article on Dark side of Globalization says "
The State Department estimates the global value of trafficked labor to be $9.5 billion. That includes children in servitude in factories in India or Latinos working in slave-like conditions on farms in Florida. Estimates are that 14,500 to 17,500 people are trafficked into the United States each year."

Well 20,000 per year is not trafficking in my opinion. The way populations move en-masse in the so called non-developed economies in such poor and mal-nourished conditions that all globalization and its related development - technology, business, money etc - remains a small story.

We need to globalize to remove hunger - not to aggravate it.




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