Outline
Thesis: The poor, especially of under-developed countries, are the losers of the globalization process.
Argument 1: The primary reason why they are considered to be the losers of the globalization process is because globalization has created Free Trade Zones, commonly known as FTZ; this phenomenon will affect the poor of developed countries and Third World countries in two different ways.
Child Labour, bad conditions, salaries.
Argument 2: Developed countries: unequal distribution of wealth, loss of jobs, decrease in salary because low demand for low specialty jobs.
Who are the primary losers in the process of globalization?
Nowadays, the term globalization has become one of the most popular words for economists, world leaders or heads of multinational corporations alike. However, it has also turned into the first thing people would point an accusing finger at whenever something goes wrong in the world whether it is economic, political or cultural trouble. Many people criticize globalization and accuse it of doing more harm than good (De La Dehesa IX); some even believe that the world would be a better place without it. Stephen King, head researcher of the HSBS once said: “[Globalization] is not just a story about a rising number of export markets for western producers. Rather, it is a story about massive waves of income distribution, from rich labour to poor labour, from labour as a whole to capital, and from energy users to energy producers. This is a story about winners and losers, not a fable about economic growth (Elliot)”. As King had said, globalization is a game and like in every game, there are losers and winners. Although economic globalization is known to boost a country’s economic growth, it also creates numerous problems, especially for the poor (meaning those who do not have the means to cover their basic human means). For numerous reasons, they are considered, by the majority, to be the true losers of this game....