Instant Access To 100,000+ Essays!

If Globalization is ruled merely by the laws of the market applied to suit the powerful, the consequences cannot be but negative. These are, for example, the absolutizing of the economy, unemployment, the reduction and deterioration of public services, the destruction of the environment and natural resources, the growing distance between rich and poor, unfair competition that puts poor nations in a situation of ever increasing inferiority…. More and more in many countries as in America a system known as neo-liberalism prevails; based on a purely economic concept of man, this system considers profit and the laws of the market as it’s only parameters, to the detriment of the dignity of and the respect due to individuals and people”- Pope John Paul II These powerful words spoken by Pope John Paul II automatically give credence to the possibility that globalization can be destabilizing force. The words seem especially significant given John Paul’s historically positive view of globalization. After stumbling upon this quote I find myself genuinely interested in finding out what exactly globalization does that is so detrimental to periphery nations. I enter into this inquiry not knowing what my conclusions will be, for I kno