Dynamics Of Globalization Essay

Liberalism usually refers to a wide range of associated ideologies, political traditions, philosophical views and doctrines which oftentimes emphasize individual rights and advocates individual liberty. Liberalism seeks a society distinguished by a freedom of thought for individuals. Embedding it globally of course would propose both advantages and disadvantages which definitely should be weighed first. A body thus is necessary, to weight these advantages and disadvantages, which is comprised of people who don’t â€Å"act† but rather implement for the benefit of a greater number of people if not all without disregarding their freedom. The proposed or depicted main drivers of the anti-globalization backlash should be taken into account before its implementation or execution and certain measures should be done to avoid them, if not totally remove them. The first backlash, the highly unequal distribution of benefits of globalization may be unfair to countries that cannot stand up on its own or is taken advantage of by larger or dominating countries. Globalization may be seen as a way to pursue self-interests and personal goals of one country to the other. It is the objective of the body to make sure that the benefit is received by a larger number of people, if not all. If the body performs poorly and does not overcome the first backlash, then the second backlash may arise and complications would start to pile up. The second backlash, which is activated by a growing imbalance in global rule making, places the implementation of globalization under the scrutiny of all involving countries. It is necessary to create a body that favors the needs of all involving countries and creates programs or projects that negates the first backlash of globalization. The policy or rule-making body or Union of selected countries which was created, must weigh all the needs and woes of the all the countries before creating a rule. Globalization places people at a stand where they are at greater vulnerability in terms of economic instability and social dislocation, sometimes at lightning speed, by unfamiliar and unpredictable forces. The policy or rule-making body or Union should be able to at least create precautionary measures or after measures regarding the unpredictable forces and be able to disseminate information regarding the globalization to the people in order for them to be less vulnerable if not totally invulnerable to economic instability and social dislocation. Globalization, would affect the veracity or integrity of cultures and power of states in one way or the other. Moreover, people would most-likely be confused whether who to turn for when they start to look for jobs or turn to when they need to be heard regarding their woes and needs. It is again the job of the Union to see to it that the people are taken care of and not taken for granted. It is their responsibility to give better and more jobs as globalization starts to be implemented and rise. For an effective globalization, there should be an effective or even distribution of power and benefit, fair global rule making, better information dissemination, greater employment rate, and less vulnerability to economic instability and culture disintegration. As such, a policy or rule-making body of selected countries or representative of all the countries should be created to ensure effective globalization. Kofi Annan’s Global Compact may be able to meet the challenges of globalization and serve as the body that might solve the problem of the backlashes stated. The Global Compact, announced by Kofi Annan in an address to The World Economic Forum on January 31, 1999, is a program to promote businesses globally to assume sustainable and publicly responsible and accountable policies or guidelines, and to account and report on them. Under the Global Compact, companies are conveyed together with labor groups, civil societies and United Nation agencies. The Global Compact, upon its initiation or opening consisted of more than 3,300 companies from all regions of the world and also includes a smaller number of international labor and civil society organizations. The Global Compact, though not a regulatory body, is a forum for dialogues and debates and a system for communication and a pool of messages including governments. It would seek to influence and persuade companies and stand for the stakeholders of civil society organizations. The Global Compact’s objectives are deliberately and purposely flexible and sometimes vague, but it distinguishes the subsequent channels through which it gives facilitation and promotes dialogue. Furthermore, Kofi Annan’s Global Compact has ten principles. These ten principles help in addressing 3 aspects namely, human rights, labor standards, environment and anti-corruption. Globalization’s negative effects or backlashes such as those with regards income, employment, identity and accountability, can be addressed and aided. An example of principle where liberalism is embedded is the principle regarding labor standards. Global Compact states that there is freedom or liberty of organization or union and the effective acknowledgment of the right to collective bargaining. Furthermore, there is the removal of all forms of forced and obligatory labor. Embedding liberalism indeed may help, but I believe that the Global Compact would be is needed and may serve as initiator of an effective Globalization. REFERENCE: Ruggie, John Gerard. â€Å"Taking Embedded Liberalism Global: The Corporate Connection. † (2003).