Globalisation 2

Globalisation Lower wages and reduced public spending mean less buying power leading to stagnation, recession and unemployment (Brecher and Costello 25). In this paper, I will evaluate globalization and show how its negative effects are widespread: how it affected Chiapas and how the Zapatistas fought back, how it affects South American women working on the banana republics and how it ravages the environment. Globalization has detrimental effects on every aspect of life, whether domestic or on …

…on the environment. A company often reduces its costs by cutting back on environmental protection- a company does not filter or treat its chemical or toxic waste products; rather, they dump them into rivers, lakes and other waterways. The production of toxic gases deteriorates the ozone layer. Globalization may help those fortunate enough to live in the large industrialized, former imperialist countries, but it does nothing to help the extremely poor of the Third World.