Upahm, Bai Sittie Hannan Palma, Charlotte Decipulo, Angelica Delos Reyes, Anne Daud, Nor Hassan
BSA-1C | Contemporary World | October 2019
Economic and Cultural Homogenization One of the tenet of Economic Globalization is to integrate and merge the economic activity of all countries into a homogenous model of development—a single, centralized supersystem. This constitute situations where we are being served by the same few global corporations, the same fast-food restaurants, hotel chains and clothing chains; wear the same jeans and shoes, drive similar cars; receives the same films, music and television shows; live in the same urban landscape; and engage in the same kind of agricultural and industrial development schemes, while carrying the same personal, cultural, and spiritual values. For short adopting similar tastes, values and lifestyle or simply refers to having a “global monoculture”. Activities in line with this model includes orienting all nation economies to export, lifting barriers to foreign investments, and removing all restraints on the free flow of speculative money across national borders. This is what we call Export- oriented Trade and Investment which entails underlying theoretical rationale which is the comparative advantage. Comparative advantage is a crucial component of globalization theory, it facilitates the replacement of diverse local or regional economic systems into large-scale mono-cultural export systems. But will this model really benefit the poor and the environment? —A critique which is entitled “Intrinsic Environmental Consequences of Trade-Related Transport” by J. Mander and S. Retallack was published in relation to the topic. The central feature of an export-oriented production model is that, it dramatically increases transport and shipping activity. As global transport increases, it in turn requires massive increases in global infrastructure development. Many of these are built in areas with relatively intact wilderness, biodiversity, and coral reefs or they are built in rural areas. These activities therefore may lead to ecological destruction of that specific place or region. Increased global trade increases the use of fossil fuel as well, contributing to global warming. Ocean shipping carries 80% of the world’s international trade in goods. The fuel commonly used by ships is a mixture of diesel and low quality oil known as “Bunker C” which is particularly polluting because of high levels of carbon and sulfur. The Global conversion of agriculture from diverse, small-scale local farms to giant, chemical intensive industrial production for export markets has brought terrible environmental destruction to lands and waters across the planet. The central point from this is that if you are going to design a system built on the premise that dramatically increased global trade and transport, you are guaranteed to bring on these kinds of environmental problems.