We are in the most dynamic of times because the global economic and political systems are vastly changing (Gilpin & Gilpin, 2000, p. 1). As the critics have said, the world, as led by the United States of America, has entered “the Second Great Age of Global Capitalism” (2000, p. 1).
Hence, we have already established a global market that is hailed as a purveyor of an international or global economy. This global market is said to bring greater interdependence amongst nations.
It paves for world peace as the global market. The is because it is considered a bridge between the rich and the poor countries.
As everyone assumes a cohesive and unified global economy, this is not always the true case of a market economy.
The significance of this unified economies can be assessed by the overall development of the nations of the world.
In the aspect of world peace, so much can be said about the impacts of global trading in the social development of the nations.
This paper attempts to explore the negative concerns on the statement that “establishing a global market is the pathway to world peace.” Continue reading “Global Market and World Peace (SAMPLE GLOBALIZATION ESSAY)”