In "Globalization vs. Local Cultures," the phenomenon of globalization is discussed, in terms of how it affects local economies and cultures. Basically, as things become more globalized, and as more and more foreign goods become available to buy, people will go for the more exotic, desirable option. This leaves local farmers and businesses without appropriate business to maintain their companies. Because everything is becoming more globalized, it allows corporations and international forces to have a lot more power than they used to - instead of only being restricted to local goods, people have a wide variety of products to choose from, shipped and created from around the world.
This also dramatically affects their cultural identity; instead of investing in their unique culture, they take from other things from other cultures that are different. This creates a melting pot of cultures that continues to the point where, for example, many cultures are "Americanized." Because America and other industrialized nations have a greater ability to bring their products and culture to other countries, those countries will start adopting American culture through the things they buy.
Globalization is an ongoing process; every day brings us closer to an interconnected and interdependent economic footing. As we continue to lean on each other more and more for economic and financial security, questions are raised as to whether or not this is a good idea. This also extends to the idea of the government’s role in the world economy – whether or not a private business should adhere to governmental regulations and oversight in order to be allowed to operate. The most important factor, though, is whether globalization is good for local economies and cultures - by melding together in unity, we may lose what it is that makes us unique.
