Which of the statements are FALSE about globalisation?
(a) Advocates of globalisation argue that it will result in greater economic growth.
(b) Critics of globalisation argue that it will result in greater economic disparity.
(c) Advocates of globalisation argue that it will result in cultural homogenisation.
(d) Critics of globalisation argue that it will result in cultural homogenisation.
(c) Advocates of globalisation argue that it will result in cultural homogenisation.
Explanation – It is the critics of globalisation who say that globalistion will result in cultural homogenesis. They advocate the point that due to globalisation all cultures will mix in their values and ultimately form one homogenous culture. Cultures of the world will lose their unique identity and distinct values and traditions.
It is undoubted that globalisation will result in greater economic growth as the markets will grow in size. Today, the whole world is a big market for the countries to trade in.
Critics of globalisation say that globalisation will lead to global capitalisation where the rich become richer ( and fewer ) and poor become poorer. Globalisation to a certain extent also dilutes the role of the State keeping it only at the core levels. This is supposed to hurt the poor countries of the world badly.
Globalisation does result in homogenesis of culture but it also causes an exactly opposite effect of cultural heterogenesis. When cultures interact with each other, they don’t lose their essence and values, rather they develop into something better and more contemporary.