1. Economy is also moving beyond geographical boundaries of nations. There are many multinational corporations like Mcdonalds, Coca cola everywhere in the world. Also, economic interdependence between countries has increased. We can find that the volume of trade has increased. (Except the World War) However, It is not true that these economic flow always doesn't be hindered from something. Some cacophonies of economic globalization can be existing. So TNC is very important part in economic globalization. Briefly, It is the transnational corporation beyond national boundaries.
Capitalism survived among many social ideologies. And the invisible hand that can move money of the world is moving our economy. But are it just right things these corporation of capitalism? The documentary that we watched in our class (The Corporation, 2003) show us the scene of capitalism. The brands wrapped by commercial are familiar with us. And They have dominated us little by little. Can we blame them because they caused economic polarization and took resources indiscriminately? I think that we should never forget that we are also the part of capitalism.
In conclusion, I think that economic globalization is a viewpoint of macroscopic economy. However, it has many problems nowadays. We should think about the hidden side of economic globalization.
2. At the end of the class, I have many doubtful points about the conception of globalization that we have just thought positive. I think we should keep approaching these problems with interests.
3. I wonder how can we change this enormous world. It won't be easy. But we can't disregard the refugees who are still starving in Africa or the employees who have a slender income in the Third World countries any more.
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