Globalization and Development
Introduction
The globe has recorded a rise in globalization, which has sparked rapid growth and development of countries and their economies. However, there are signs that the neoliberal era is coming to an end, and protectionism and nationalism are rising in various parts across the world. This means that the new global order will be dominated by nationalism and protectionism, which will replace neoliberal policies that have focused on creating efficient and effective frameworks for economies to raise their profits and revenues by minimizing investment costs, reducing social security, as well as spearheading individualism. Global development requires turning joint efforts and energy towards growth and development projects, and this can be achieved by creating frameworks and policies that promote global development. Furthermore, international solidarity is vital for protestors because they require joint efforts to articulate the desired objectives and goals. Global development can be accomplished when people manage to come together and show solidarity, allowing them to be driven by shared goals, missions, as well as objectives. The neoliberal form of globalization is characterized by individualism and focuses more on international interest. Neoliberalism has been a significant factor that has affected globalization, considering that it allows countries o focus more on global factors such as competition.
Protectionism and Nationalism
Indeed, various satisfactory signs demonstrate that the neoliberal era is coming to an end, considering the rise of protectionism and nationalism in most parts of the world. The new global order will be dominated by protectionism and nationalism, which are better than the neoliberal order in terms of promoting global development. The neoliberal order prioritizes economic indicators such as Gross Domestic Product (GDP) and inflation and lacks to focus on social factors and issues that may not be quantifiable. This can include labor rights and the access to quality higher education. As a result, the focus of economic efficiency has led to the exploitation of the poor, vulnerable, and marginalized in society and has also led to the rise of social injustices. This means that the new order dominated by protectionism and nationalism would be better than the neoliberal order because it will help most governments to focus on social problems prevalent in society, thus increasing global development.
Neoliberal policies have been associated with the increase in economic inequality. This illustrates that the protectionism and nationalism order will be more efficient that the neoliberal order, considering that the later has exacerbated global poverty. The driving factor behind the global rise in inequality has been as a result of deliberate neoliberal policies. The main agenda of neoliberal policies is restoring and increasing the power, income, as well as wealth of the individuals in the upper class. This has increase inequality, and the dominance of protectionism and nationalism would be advantageous because the problems within the society will be prioritized and taken into consideration.
A new global order dominated by protectionism and nationalism would be better than the neoliberal order in terms of contributing to global development because it is concerned about promoting and shaping a nation’s culture. Neoliberal policies have managed to focus on international issues that affect the country, which has led many governments to fail in accomplishing the desired growth and development. Instead of concentrating on national issues, most governments have focused on economic development without taking various social issues or problems into consideration. This illustrates that the protectionism and nationalism order will enhance government commitment to addressing various national issues rather than concentrating on international issues such as inflation. Global development will increase because most states will manage to concentrate on the issues that lag growth and development, allowing them to protect their people and promote commitment and public participation. Since the neoliberal order gives the rich and wealthy more power to exploit the poor and vulnerable in society, the dominance of the protectionism and nationalism order will give hope to society, considering the exploitation they have endured as a result of neoliberalism.
The protectionism and nationalism order would be better than the neoliberal order because the latter is discussed to be linked with the mass incarceration of the poor. The neoliberal order, as explained earlier on, focuses on improving the livelihoods of the reach and wealthy in society. This means that it has given the rich a higher bargaining power, which has resulted in the exploitation of the poor because they have little or no ability to take action. However, this problem can be addressed by the new modern order of protectionism and nationalism because it attracts national solidarity, allowing people to engage in activities such as strikes and protests when they feel that they are being exploited or taken advantage of by those with power and authority. This will reduce the mass incarceration of the poor, considering that the new modern order focuses on attaining the social welfare state.
International Solidarity
It is essential to recognize and understand that globalization is prevalent in the modern era, and there is a need to improve global solidarity, considering that the latter promotes global development. Globalization has indeed transformed most economic systems by developing unexpected possibilities of growth and expansion, but it has also led to the rise of various social problems like exploitation of the poor, marginalized, as well as vulnerable communities in society. This means that most communities have been left to live in abject poverty since the rich or wealthy have a higher bargaining power compared to the poor or marginalized people in society. This demonstrates that international solidarity is essential because it is the only way that the grievances, needs, desires, as well as needs of the affected in society, can be raised to increase global awareness and attention on the issues at hand.
Hong Kong’s Anti-extradition Bill Movement is an excellent example of a solidarity movement that gained influence globally. As a result of international solidarity, the campaign led people in protests because they felt that they were being exploited, and their issues or needs were not taken into consideration. The movement, through international solidarity, caused a lot of heated pressure to the government officials who received a lot of criticism from people across the globe. This reveals that international solidarity is beneficial to global development, mainly because it allows people from different parts of the world to unite in pursuit of accomplishing shared goals and objectives. This, therefore, demonstrates that international solidarity can help the poor, marginalized, and vulnerable individuals in society to express their needs and desires whenever they feel oppressed or exploited in one way or another. In the neoliberal order, international solidarity has increased because many solidarity movements and associations have been developed after a global call for joint international efforts.
Global development has facilitated the interaction of global economies by increasing international trade, investment, as well as the flow of capital. The process of globalization has called for preventive measures to be undertaken in order to avoid scenarios that can promote violations of the fundamental human rights or limit the scale, scope, and seriousness of those violations. As a result, law enforcement measures need to be initiated to repress the crimes that affect people using all forms of national and international mechanisms. International solidarity, therefore, can be used to limit the scale and seriousness of issues that have violated fundamental human rights. As a result, global development will be accomplished because people are driven by shared goals and objectives, illustrating that they work together to achieve the same expected results, goals, as well as objectives.
Global cooperation is essential, especially when addressing societal problems, considering that neoliberal polices have managed to create a society that has a significant gap between the rich and poor. As a result, the rich have a higher bargaining power, and they focus on protecting their personal interests. Since the poor in society have a lower bargaining power, international solidarity is crucial for the combination of efforts from people, agencies, or institutions and organizations from international borders. Global development calls for global cooperation, illustrating that international solidarity will be efficient to increase the capacities of the affected in society to address the issues and concerns affecting them. Furthermore, international solidarity promotes global development because it keeps all institutions in the community and the governments on the check, considering that most solidarity groups act as the people’s watchdogs. With cooperation, international solidarity can enhance global development, especially after the mess that has been brought about by neoliberalism.
Concept of National Interest
The neoliberal form of globalization has given rise to a world where the concept of national interest is no longer meaningful. Instead, the major political and economic cleavage is now between the transnational elites (1%) and the rest of the world (99%). Indeed, the only possible way to make globalization a project that can benefit global development is uniting the 99% living in different parts of the world. This process can be complicated and more difficult, but it can bear fruits, considering that the poor are the majority in the world. Uniting the 99% living in various parts of the world can through the development and expansion of solidarity movement, agencies, as well as institutions. The combined efforts of the poor will require a coordinated approach that is characterized by cooperation, which will assist them in gaining influence over the transnational elites.
The neoliberal form of globalization has given rise to numerous social issues such as inequalities, as well as the exploitation of the poor, vulnerable, and marginalized communities. The gap between the rich and the poor has increased as a result of the neoliberal policies, which give the rich a higher bargaining power than the less fortunate. This illustrates that uniting the 99% living in the world would give the poor a chance to spearhead their grievances a demand for changes. The new world, which has been influenced by neoliberal policies and the concept of national interest, has faded in the process. Most governments have focused on economic growth and have failed to address the various social problems prevalent in most societies. Uniting the 99% livening in different parts of the world would give them an upper hand because the numbers are quite huge compared to that of the transnational elites. Since the concept of national interest is no more, it is vital to consider global solidarity or global interests to help the poor and vulnerable address their prevalent problems, thus increasing global development.
Since the concept of national interest is no more, it is vital to enhance international efforts by uniting those that do not fall under the group of transnational elites. The 99% of people living around the world are either poor, or they lead average lives. This means that this group comprises of many people who can make globalization a project that can indeed benefit global development when united. Cooperation is essential because it involves many people who may have conflicting opinions, ideas, as well as view. When the 99% of the rest of the world is united, the 1% will be obligated to carry out their roles and responsibilities as expected, thus increasing global development. When people are united, they manage to work in one direction because they are committed and motivated to accomplishing the desired or expected goals, missions, as well as objectives as a team or group.
Conclusion
Indeed, globalization should evoke solidarity because the neoliberal order has promoted the emergence of various social problems in the society, considering that governments have emphasised on economic growth, expansion, as well as development. The neoliberal order is coming to an end, and the new global order is dominated by protectionism and nationalism. Nationalism will bring back the concept of national interest, which was eluded by the neoliberal order. Furthermore, the new order focuses on protecting people and ensuring nationalism is accomplished, which promotes global development. The new order is about globalising economies, culture, as well as politics and removing transnational boundaries to increase the capacity of people and communities to address various problems that are prevalent in society. Global development will be accomplished when the 99% of people living across the world unite and work together to accomplish shared goals, missions, as well as objectives.