The Globalization Debate

The globalization debate centers on whether increased international interconnectedness benefits or harms countries and individuals. Proponents argue it promotes economic growth, innovation, and cultural exchange, boosting living standards worldwide. Critics contend globalization can lead to job loss, income inequality, cultural erosion, and environmental harm, especially for vulnerable groups. The debate explores how globalization’s expansion impacts sovereignty, localindustries, and social equity, prompting discussions on how to maximize its benefits while addressing its challenges through regulation and fair practices.