Globalization - Article Discussion – Article Example
HERE HERE YOUR HERE HERE Globalization – Article Discussion In the article, “Behind the New View of Globalization”,author Edward Alden interprets globalization as being trade between nations. This is much different than the most accepted definition involving integration between international players involving ideas, cultural exchanges, product exchanges and technological interdependency. Alden sees globalization as being highly commercial with the majority of its definition being involved with corporate function and activity. The author sees globalization as being trade exchanges between the United States and other nations across the world with an emphasis on the economic implications of business pursuits.
In the article, the author views globalization very negatively, citing that it is causing American job losses with support from a variety of research studies and statistical data. He suggests that the manufacturing sector, as one example, had no measurable job growth in the United States between 1990 and 2008. However, industries that were not heavily involved in globalization, such as the health care sector, experienced job growth of 40 percent. This means that the author feels globalization, when considering business functioning, is causing massive drops in job availability in certain sectors where his interpretation of globalization is occurring most frequently.
Alden also cites statistics showing that there were 2.4 million jobs added overseas by companies that have headquarters in the United States between 1989 and 1999. However, in the period between 1999 and 2009, there were three million jobs eliminated in the country as a result of trade activities with foreign nations.