Briefly reflect on what constitutes backlash to globalism, and how this backlash relates to your life, such as how it explains something you experience, how it informs how you regard current global events, or how you interact with other cultures.
Globalism is very much related to globalisation. For some, this ideology advances global integration through free markets and trade as well as global application of new information and technology. Others look at it as a process run by MNC's and inter governmental bodies.
Backlash to globalism involves the reaction against this process. This backlash is on grounds that the processes and structures involved in it are inherently undemocratic. Secondly, globalism is detrimental to human welfare and natural resources. Thirdly, it undermines political and economic sovereignty.
This backlash constitutes of :-
# Political - rise of right wing parties to power in various countries of the world. Growth of nationalism with an inward approach is against ideals of globalism.
# Economic -Brexit , global trade wars , reducing role of WTO all indicate that globalism is facing challenges. Today economies are looking more inward than global reach.
# Cultural - growth of religious fundamentalism across the world like in Sri Lanka,Myanmar,India, China all donot give good signs to globalism. They are against accepting global community as one.
# Geographical - Issues of migrants,Rohingya issue,Visa issue in USA all show that people are no more accepting globalism the way they did earlier.
We are all very much infuenced by this globalism and its backlash. Take example of an IT expert from India or China. Under globalism so many of them came to USA and made fortunes.All was good.Then the backlash started.USA raised Visa fees and reduced number of visas being granted. Today most Indian and Chinese engineers are affected failing to get job in USA.
Take second example. People in Britain like US polo shoes.Now under backlash Britain raised tariff on US polo shoes. With incresed prices people have to sacrifice their choice and settle for another brand.
Globalism and its backlash both affect us in every segment of our life.
Briefly reflect on what constitutes backlash to globalism, and how this backlash relates to your life,...
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