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Essay / Ethical Impact of Globalization - 1916
Technology as a mode of globalization has had a great impact on the ethical implications in the world in the 21st century. Thanks to technological advancements, globalization has become possible, the world is able to interact and connect easily, and productivity has increased astronomically, thereby diminishing the importance of geographic distance. As a result, the world has become a global community, where information, services, commerce and capital exchange can be easily accessed, transported and communicated at increasingly lower costs. There is no doubt that this ideology of globalization has created a positive buzz around the world. However, when it comes to ethics, the benefits it receives are not as distributed as they should be. Murat and Yüksel (1999) argue that although ethics can be a general guideline, the question of "how to behave ethically" remains unclear when it comes to managing the difference between different cultures and cultures. levels of economic development. Being able to decipher “right and wrong” in a problematic situation can be difficult. In the context of a business, the economic development of an entity is of course an imperative element, there is a barrier between what is acceptable and fair, and what is exploitative. This ideology of exploitation extends not only to humans in terms of well-being and culture, but also to the environment. The impacts of globalization are generally discussed in terms of the consequences of economic and political growth; often, social impacts are ignored. According to Lee (2006), it is believed that international trade and foreign direct investment are expected to benefit from the abundance of low-skilled labor in developing countries, which therefore implies increasing demand... middle of paper .... ..regarding". Cultural domination can be seen as a form of exploitation (Desrecher 1997), the change in India has been amplified among the youth, through the use of media affecting choices clothing, opinions and consumption Lifestyles are constantly changing, Athyal (2007) believes that Indian youth are particularly vulnerable to the media. An example is given showing the effects of the media, in matters of sexual relations, where " the youngest (33 out of 78 surveyed) who had sex before marriage admitted that moving and television were partly to blame for their decision. Westernized culture, while not necessarily a bad thing, cultures and traditions around the world have the potential to slowly deteriorate over time, losing the sense of national identity..