Straight talk on globalization

A question from Yahoo! Answers:

Give it to me straight on globalization…?

what is globalization’s intrinsic evil, apart from that which it derived from, commerce and trade, supply and demand?

Is the answer in the widening of a gap between developed and undeveloped, have and have not?

The intrinsic “evil” of globalization is that it benefits many in little ways (such as lower prices of many goods and services), but it hurts a few in big ways (such as loss of employment). Globalization is no less “evil” than technological progress; the invention of electric light bulb, for example, benefited many, but reduced making candles and kerosene lamps from major industries to crafts…

Also, globalization sometimes gets blamed for things that have nothing to do with it. Ask people on the street, and they will tell you that U.S. manufacturing jobs are moving to China. Ask professional economists who actually researched the matter, and they will tell you that China is losing manufacturing jobs about twice as fast as the U.S. In fact, the world as a whole is losing manufacturing jobs. Why? Mechanization and automation…

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