Outward Globalisation
'Globalisation may not be a particularly attractive or elegant world. But absolutely no one who wants to understand our prospects at century's end can ignore it.'
[Giddens, 2002]
[Giddens, 2002]
It is true that we cannot ignore globalisation, and though the above quote was written over ten years ago, globalisation is still fierce, if not more so. Globalisation has created inequality, this is apparent in the divide of wealth, with over 75 % of the population living on less than $2 dollers a day.
[Fig1]
The top 2% own 75% of the worlds wealth, this uneven distribution not only eqautes in wealth but in resources too, and trickles down into every area of our lives in the form of business or corporation, from Coca Cola to the shoes you wear. Globalisation effects every part of the world and every person in it, even if by default, and it create large divides and inequalities in society, more so than it benefit, as the majority are left out while a few succeed.
Upon examination, corporation, which in itself is defined as,
Upon examination, corporation, which in itself is defined as,
'an association of individuals created by law or under authority of law, having a continous existnece independent of the existence of its memeber, and powers and liabilities distinct from those of it members' [dictionary.reference.com]
it is clear that without anyone to be held accountable, and under laws of its own, corporation has the power to do whatever it wants, it is exponential in its growth, with devastating consequences. These consequences are apparent in the pilliaging of resources, to the afformentioned unequal wealth distribution, the list is endless.