Comments on: The Lord of the Ring of Free Trade: Is globalization really a force of evil in the world? http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/ for students and teachers of Economics Thu, 09 Feb 2012 09:13:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: abredee http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-19435 abredee Sun, 04 Dec 2011 22:28:35 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-19435 Although, i can understand your joy from traveling i think that globalization will ultimatly bring benefits and help us bridge cultural or ethnic differences and make us realize that we are all humans Although, i can understand your joy from traveling i think that globalization will ultimatly bring benefits and help us bridge cultural or ethnic differences and make us realize that we are all humans

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: abredee http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-19434 abredee Sun, 04 Dec 2011 22:25:12 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-19434 1) Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with? The video depict free trade as a negative force. It claims that free trade only benefits large corporations and the rich and exploits the poor and the developing countries. According to Chanda these would be “ left wing critics” of globalization and free trade 2) Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? All believe that globalization is bad. They all think that free trade has negative effects e.g. environmentalists think that free trade will increase the amount of the product all over the world and during the trade there will be a huge consumption of fuel and it will damage the environment.. 3) What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion? Because we are defined more and more by the products we buy, if we buy similar products as is the case in free trade we are likely to become more similar. Also we will influence each other in various other economic way for instance through the formation of multinational enterprises. In my opinion, this does lead to less variety of products and diversity in cultures and thus some knowledge may be lost. However, it does help us to bridge cultural differences and unite. 1) Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with?

The video depict free trade as a negative force. It claims that free trade only benefits large corporations and the rich and exploits the poor and the developing countries. According to Chanda these would be “ left wing critics” of globalization and free trade

2) Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?
All believe that globalization is bad. They all think that free trade has negative effects e.g. environmentalists think that free trade will increase the amount of the product all over the world and during the trade there will be a huge consumption of fuel and it will damage the environment..

3) What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion?

Because we are defined more and more by the products we buy, if we buy similar products as is the case in free trade we are likely to become more similar. Also we will influence each other in various other economic way for instance through the formation of multinational enterprises. In my opinion, this does lead to less variety of products and diversity in cultures and thus some knowledge may be lost. However, it does help us to bridge cultural differences and unite.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Brian Malone http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-18448 Brian Malone Tue, 01 Nov 2011 15:57:08 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-18448 @Dogan Ozcan, I think your point about the sharing of technology is a good point that I overlooked. This sharing of technology will help to improve efficiency and hopefully advance things such as medicine of transport. @Muhammet Murat SEKBAN, Do you not think that free trade could decrease the living standards of many people as many large corporations seem to disregard human rights and equality? @Dogan Ozcan,

I think your point about the sharing of technology is a good point that I overlooked. This sharing of technology will help to improve efficiency and hopefully advance things such as medicine of transport.

@Muhammet Murat SEKBAN,

Do you not think that free trade could decrease the living standards of many people as many large corporations seem to disregard human rights and equality?

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Brian Malone http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-18447 Brian Malone Tue, 01 Nov 2011 15:48:15 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-18447 The view of free trade depicted in this video is definitely negative. Capitalism is depicted as the antagonist of the movie and free trade is supported by big corporations that exploit the resources of underdeveloped countries and take advantage of minorities in order to make a profit. Labour unions dislike free trade as it causes low wages for workers because there is low cost labor in other parts of the world. Environmentalists are against free trade as it results on the destruction of natural areas to make way for industrial production or office buildings due to jobs being moved to other places around the world. Thirdly, liberals hate the capitalist ideology that values profit over equality and, at times, basic human rights. The integration of people from all around the world can often create a mix of cultures that eventually blends into one. This would result in a huge loss of culture and traditions, which can make the world a far less interesting place, as well as resulting in a huge loss of jobs that examine differing societies and cultures. On the other hand, this integration can be a good thing as everyone would know how to interact, making communication, business transactions and other interactions far easier and much more efficient. In my personal opinion, this homologous world that free trade could result in is a bad thing because I love to travel and see different places and experience different cultures. The view of free trade depicted in this video is definitely negative. Capitalism is depicted as the antagonist of the movie and free trade is supported by big corporations that exploit the resources of underdeveloped countries and take advantage of minorities in order to make a profit.

Labour unions dislike free trade as it causes low wages for workers because there is low cost labor in other parts of the world. Environmentalists are against free trade as it results on the destruction of natural areas to make way for industrial production or office buildings due to jobs being moved to other places around the world. Thirdly, liberals hate the capitalist ideology that values profit over equality and, at times, basic human rights.

The integration of people from all around the world can often create a mix of cultures that eventually blends into one. This would result in a huge loss of culture and traditions, which can make the world a far less interesting place, as well as resulting in a huge loss of jobs that examine differing societies and cultures. On the other hand, this integration can be a good thing as everyone would know how to interact, making communication, business transactions and other interactions far easier and much more efficient. In my personal opinion, this homologous world that free trade could result in is a bad thing because I love to travel and see different places and experience different cultures.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Dogan Ozcan http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17914 Dogan Ozcan Mon, 17 Oct 2011 06:32:59 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17914 @Muhammet Murat SEKBAN Your answers are good for the 1st and 2nd questions. But for the 3rd question if you have written the advantages and disadvantages of free trade it would be better. @Muhammet Murat SEKBAN

Your answers are good for the 1st and 2nd questions. But for the 3rd question if you have written the advantages and disadvantages of free trade it would be better.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Dogan Ozcan http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17913 Dogan Ozcan Mon, 17 Oct 2011 06:31:16 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17913 Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with? -We see that free trade is defined as a bad force in the video. Also in the Chanda's book, free trade is shown as capitalism. Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? -These three groups have different opinions about globalization.According to the humans they think that if the world is more globalized the environment will be more polluted. This situation makes environmentalists think about environment more. So they become against to globalization. When we look from the view of the liberals we see that they think the world should be a capitalist world. Also labor unions don't want the globalization, too. Because they think that there is a probability of inequality. What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion? -The definition of free trade is the interchange of goods and services (but not of capital or labor) unhindered by high tariffs, nontariff barriers (such as quotas), and onerous or unilateral requirements or processes. As everything this situation has both advantages and disadvantages. First of all I want to talk about the advantages. By free trade the countries share something, for example technology... Also there is a disadvantage of this situation. For example; while countries share the things they sometimes affected by the culture of the other country and they start to assimilate. Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with?

-We see that free trade is defined as a bad force in the video. Also in the Chanda's book, free trade is shown as capitalism.

Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?

-These three groups have different opinions about globalization.According to the humans they think that if the world is more globalized the environment will be more polluted. This situation makes environmentalists think about environment more. So they become against to globalization. When we look from the view of the liberals we see that they think the world should be a capitalist world. Also labor unions don't want the globalization, too. Because they think that there is a probability of inequality.

What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion?

-The definition of free trade is the interchange of goods and services (but not of capital or labor) unhindered by high tariffs, nontariff barriers (such as quotas), and onerous or unilateral requirements or processes. As everything this situation has both advantages and disadvantages. First of all I want to talk about the advantages. By free trade the countries share something, for example technology… Also there is a disadvantage of this situation. For example; while countries share the things they sometimes affected by the culture of the other country and they start to assimilate.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Muhammet Murat SEKBA http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17432 Muhammet Murat SEKBA Tue, 11 Oct 2011 11:12:04 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17432 @ Behiye ?lkay Dasdemir I agree with your response in question2 and as you said all of them has different approach to free trade and using good terminolgy is great. @ Behiye ?lkay Dasdemir

I agree with your response in question2 and as you said all of them has different approach to free trade and using good terminolgy is great.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Muhammet Murat SEKBA http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17430 Muhammet Murat SEKBA Tue, 11 Oct 2011 11:06:34 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17430 1) Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with? According to the video free trade is introduced as an bad force that should be prevented. The main opinion about free trade is that it is just beneficial for the rich people and big firms. The significant part in definition of globalization is in Chanda’s book “ left wing critics,” and it represents the capitalism. 2) Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? This happens because, they all believe that globalization is bad. All of the groups have different opinion about the anti globalization movement. E.g. environmentalists think that free trade will increase the amount of the product all over the world and during the trade there will be a huge consumption of fuel and it will damage the environment. The liberals also don’t support this because they give big importance to freedom and the countries should be able to produce whatever they like . Moreover, labor union doesn’t support this movement because the countries’s labor force will be affected in a negative way. 3) What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion? Free trade means mainly is no limitation in trade between the countries. It increases the living standarts of people, because everyone will be working in just one area. In my opinion, it is bad thing because, there will be limitation in variety of products. 1) Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with?

According to the video free trade is introduced as an bad force that should be prevented. The main opinion about free trade is that it is just beneficial for the rich people and big firms. The significant part in definition of globalization is in Chanda’s book “ left wing critics,” and it represents the capitalism.

2) Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?

This happens because, they all believe that globalization is bad. All of the groups have different opinion about the anti globalization movement. E.g. environmentalists think that free trade will increase the amount of the product all over the world and during the trade there will be a huge consumption of fuel and it will damage the environment. The liberals also don’t support this because they give big importance to freedom and the countries should be able to produce whatever they like . Moreover, labor union doesn’t support this movement because the countries’s labor force will be affected in a negative way.

3) What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion?

Free trade means mainly is no limitation in trade between the countries. It increases the living standarts of people, because everyone will be working in just one area. In my opinion, it is bad thing because, there will be limitation in variety of products.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: djohn http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17224 djohn Sat, 08 Oct 2011 14:11:09 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17224 @Jackson_Mote Good Response! You made a good point about when you said that "it can foster a sense of community within the world because all different groups regardless of economic standing can engage in trade." But I am not quite sure if I fully understand by what you mean in your last sentence about overpowering influence of large groups. @Jackson_Mote

Good Response! You made a good point about when you said that "it can foster a sense of community within the world because all different groups regardless of economic standing can engage in trade." But I am not quite sure if I fully understand by what you mean in your last sentence about overpowering influence of large groups.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: djohn http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17208 djohn Sat, 08 Oct 2011 07:51:32 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17208 Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with? --> The view of free trade is frowned upon in the video fearing the disadvantages of free trade. They fear that such trade practises might eat away the natural resources in their economy and hinder their domestic economic development. From Chanda's book capitalism alings itself with the video, because the characters depicted in the video have set a vision to erradicate capitalism. Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? --> The anti-globalization movement unite such disparate groups as environmentalists are scared the other countries might eat away their natural resources, liberals who by their very defenition are against capatialism fear it might benefit only the richer domains of the society and not the poorer sections and last of all the labor unions will protest because domestic employment might be curtailed. What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion? --> In my opinion I feel fostering a standarized cutltural expression around the world is a good thing as cultural differences amongst the participants namely different countries with different cultural beliefs and values are diminshed. By developing a standard culture a unanimity in their culture is set. Describe the view of free trade depicted in the video. Which of the three definitions in Chanda’s book does the video seem to align itself with?

–> The view of free trade is frowned upon in the video fearing the disadvantages of free trade. They fear that such trade practises might eat away the natural resources in their economy and hinder their domestic economic development. From Chanda's book capitalism alings itself with the video, because the characters depicted in the video have set a vision to erradicate capitalism.

Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?

–> The anti-globalization movement unite such disparate groups as environmentalists are scared the other countries might eat away their natural resources, liberals who by their very defenition are against capatialism fear it might benefit only the richer domains of the society and not the poorer sections and last of all the labor unions will protest because domestic employment might be curtailed.

What is free trade and how can it “foster a standardization of cultural expressions around the world.” Is this a bad thing or a good thing in your opinion?

–> In my opinion I feel fostering a standarized cutltural expression around the world is a good thing as cultural differences amongst the participants namely different countries with different cultural beliefs and values are diminshed. By developing a standard culture a unanimity in their culture is set.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Jackson_Mote http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17083 Jackson_Mote Thu, 06 Oct 2011 18:53:22 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17083 @Wonwoo_Choi I agree with your answer to third question. Free trade can be very good for an economy however individuals can take advantage of this type of trade. Free trade allows for all groups in different economic standings to be equal. @Wonwoo_Choi

I agree with your answer to third question. Free trade can be very good for an economy however individuals can take advantage of this type of trade. Free trade allows for all groups in different economic standings to be equal.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Jackson_Mote http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17082 Jackson_Mote Thu, 06 Oct 2011 18:49:46 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17082 Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with? The view of Free Trade in the video is that it is evil and that capitalism must be stopped. The video compares the struggles depicted in Lord of The Rings with an anti-capilist movement. In the video, the producer names George W. Bush as an entity to serve the corporations. The video aligns itself with the left wing critics following Karl Marx with their definition: expansionist and exploitative capitalism Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? The anti-globalization movement unites the groups because they all seek to avoid a world in which one group leads all trade and government. What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion? Free trade is the ability to engage in economic agreements with any individual or group free of regulations. It can foster a sense of community within the world because all different groups regardless of economic standing can engage in trade. In my opinion, Free trade has it's up and downs. Some aspects of free trade are beneficial while others can be harmful due to the overpowering influence of large groups. Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with?

The view of Free Trade in the video is that it is evil and that capitalism must be stopped. The video compares the struggles depicted in Lord of The Rings with an anti-capilist movement. In the video, the producer names George W. Bush as an entity to serve the corporations. The video aligns itself with the left wing critics following Karl Marx with their definition: expansionist and exploitative capitalism

Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?

The anti-globalization movement unites the groups because they all seek to avoid a world in which one group leads all trade and government.

What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion?

Free trade is the ability to engage in economic agreements with any individual or group free of regulations. It can foster a sense of community within the world because all different groups regardless of economic standing can engage in trade. In my opinion, Free trade has it's up and downs. Some aspects of free trade are beneficial while others can be harmful due to the overpowering influence of large groups.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Caroline Mooney http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17064 Caroline Mooney Thu, 06 Oct 2011 15:06:03 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17064 @ raphael.echl.f09 I actually found your answer really helpful and simple to understand, but its hard to agree with your view of free trade because I dont really understand that part. You said that it is special but I wasnt sure what that meant. Other than that its to the point though. @ raphael.echl.f09

I actually found your answer really helpful and simple to understand, but its hard to agree with your view of free trade because I dont really understand that part. You said that it is special but I wasnt sure what that meant. Other than that its to the point though.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Caroline Mooney http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17063 Caroline Mooney Thu, 06 Oct 2011 14:55:22 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17063 Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with? The video depicts free trade as a negative concept. In the movie, the characters were doing anything they could to oppress free trade and relate it to capitalism, inferring that it cannot be controlled in any means and therefore is reckless or dangerous to the economy. It shows that because it cannot be controlled, it takes advantage of many people. Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions? The anti-globalization movement units disparate groups such as those listed because they are those that would not profit from globalization, and therefore stand behind their beliefs. These groups would be clearly opposed to globalization and therefore would not in any manner defend it. What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion? Free trade is the ability to trade without interception from an outside party, usually the government. It can “foster a standardization of cultural expressions around the world” because without controls it is limitless. Complete free trade to me is not a good idea, because there is much room for error without regulation. Semi-free trade however makes much more sense. A balance of good regulation and freedom allows many more people to benefit. Describe the view of free trade depicted in the video from the blog entry. Which of the three definitions in Chanda’s book does the video seem to align itself with?

The video depicts free trade as a negative concept. In the movie, the characters were doing anything they could to oppress free trade and relate it to capitalism, inferring that it cannot be controlled in any means and therefore is reckless or dangerous to the economy. It shows that because it cannot be controlled, it takes advantage of many people.

Why does the anti-globalization movement unite such disparate groups as environmentalists, liberals, and labor unions?

The anti-globalization movement units disparate groups such as those listed because they are those that would not profit from globalization, and therefore stand behind their beliefs. These groups would be clearly opposed to globalization and therefore would not in any manner defend it.

What is free trade and how can it “foster a standardization of cultural expressions around the world”? Is this a bad thing or a good thing in your opinion?

Free trade is the ability to trade without interception from an outside party, usually the government. It can “foster a standardization of cultural expressions around the world” because without controls it is limitless. Complete free trade to me is not a good idea, because there is much room for error without regulation. Semi-free trade however makes much more sense. A balance of good regulation and freedom allows many more people to benefit.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Behiye Dasdemir http://welkerswikinomics.com/blog/2009/09/14/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/comment-page-3/#comment-17008 Behiye Dasdemir Wed, 05 Oct 2011 23:54:22 +0000 http://welkerswikinomics.com/blog/2008/09/09/the-lord-of-the-ring-of-free-trade-is-globalization-really-a-force-of-evil-in-the-world/#comment-17008 @Alexander Wallar I liked your IB example as a response for the last question. I think you are right about that IB is one of the significant elements of the common culture(world culture in your words) in the entire world. Globalization is effective at the point that people enjoy its benefit like having high standards of living. However, the common culture should reshape and renew itself, otherwise the world would face with the loss in the diversity of cultures. @Alexander Wallar

I liked your IB example as a response for the last question. I think you are right about that IB is one of the significant elements of the common culture(world culture in your words) in the entire world. Globalization is effective at the point that people enjoy its benefit like having high standards of living. However, the common culture should reshape and renew itself, otherwise the world would face with the loss in the diversity of cultures.

Like or Dislike: Thumb up 0 Thumb down 0

]]>