Globalization and its goal to increase prosperity for the masses and foster worldwide economic advancement has emerged in the past few decades as a topic carrying tremendous significance. The phenomena is inextricably immersed in multidisciplinary debates spanning such fields as anthropology, environmental studies, foreign relations, economics, international studies, political science, public policy, and legal studies. Likewise, geographically-varied perspectives and interests similarly dilute consensus and consequently unified action as well.
Some contest globalization is fundamentally flawed and will inevitably continue to allocate wealth inappropriately to the already rich, resulting in further inequity and insecurity. In many cases, those prospering most from globalization such as world banks and transnational corporations have imperialized Third World nations in a way that has thwarted or even regressed the growth of the now aptly-dubbed un-developing nations. These financial missionaries have fed off the exploitation of less powerful nations and have compromised the delicate balance of harmony in the world market.
However, in stark contrast to such a perspective rooted in abolitionism, others believe that the conceptual basis of globalization is sound yet its implementation demands restructuring in order to provide for fair trade, rather than mere free trade. In other words, proponents of righteous globalization, for example, can strive to revamp the system by potentially refraining from the deceptive and exploitative practices which led to the world crisis in the first place. They could advocate a policy of collective responsibility on the part of the global community through which governments of industrialized countries could work to ameliorate past errors and press towards a brighter future.
Though opinions are indescribably more multifarious and complex than mentioned above, it is becoming rather clear that the effects of the current movement's exploitative practices are becoming evident in places least predictable, in this case meaning nearly everywhere. Globalization and the growing crises surrounding its arguably suicidal methods require a shift in the international economic community and the development of a long-term strategy for eradicating the serious implications that would result in the so-called unfortunate collision of the North and South.