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Globalization in the 21st Century

Globalization in the 21st Century

By Yasir Mohamood

Is globalization present in my daily life? Absolutely. In fact, it is so integral to so many facets of my life that I, and most people, tend to take it for granted. For instance, the MacBook Pro that I typed this post on is a product of globalization. The various components of the device have been mined, manufactured, assembled, and packaged in different locations of the world. Likewise, when I drink coffee from Starbucks, I consume a bean that could have been harvested in Colombia or Ethiopia. So, saying globalization features in almost every aspect of my life would not be an overstatement.

Globalization has allowed my family to set a better future for itself. My parents immigrated to the U.S. to seek a better life and top education. After thirty years, my father took his doctoral degree and extensive research experience in molecular and cellular biology back to our home country, Somalia. There, my family utilized their experiences in the United States to build a new life for themselves. So in essence my family has manifested the globalization of knowledge and ideas by transferring their experiences across continents.

In a larger scope, if we look at the United States, we see that globalization has had both good and bad effects. Yet, I personally believe that the positives greatly outweigh the drawbacks. For instance, globalization has allowed the United States to attract the world’s most brilliant minds. Immigrants from all over the world have had great contributions in scientific research and development. Also, globalization allows American corporations to reach out to foreign markets. American companies today can target billions of customers all over the world.

Some drawbacks of globalization would include companies seeking foreign labor and taking their manufacturing process overseas. This allows a company to hire locals who would cost them a fraction of the average American employee, in any industry. For example, the Bureau of Economic Analysis reported in 2015 that American companies employed 13 million workers in foreign lands. While this is economically and financially beneficial for the company, it takes away jobs from Americans thus contributing to unemployment. This is a very debatable and controversial topic, but in my opinion this doesn’t outweigh the pros of globalization in the US.

1. https://www.starbucks.com/promo/origin

2.https://apps.bea.gov/scb/pdf/2015/08%20August/0815_activities_of_multinational_enterprises.pdf

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