Praise Globalization for Problems and Opportunities


Foxconn Shenzhen Plant

Foxconn Shenzhen Plant

On one hand globalization is good because when transnational corporations outsource production, it create opportunities for jobs in developing countries. Yet on the other hand, outsourcing to factories in these developing nations is harmful because many times these laborers are exploited and getting paid next to nothing. In fact the very reason these transnational corporations, such as Nike and Apple, are outsourcing production is to reduce the cost of production. Professor Zhu who has an intrusion in The Agony and the Ecstasy of Steve Jobs, does a fantastic job of explaining how China is a nation full of contradictions. Although these working conditions aren’t great, there are still thousands of people waiting at the gates of Foxconn for jobs. Factory jobs offer Chinese people with an opportunity for employment and to escape poverty, at the cost of facing exploitation.

 

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