Globalization and its ethical implications

Instructions

Prepare: Prior to beginning work on this discussion forum, review the following Week 1 and Week 2 required resources that focus on globalization, ethics, and moral reasoning. This will assist you in examining your own development of ethical and moral responsibilities as they relate to your Final Paper and its topic.Read these articles from Week 1:(files are attached)-From Globalism to Globalization: The Politics of Resistance-Globalization, Globalism, and Cosmopolitanism as an Educational Ideal-Transnationalism and Anti-globalismRead these articles from Week 2: (files are attached)-Introduction to Global Issues-A Global Ethics for a Globalized World-Virtue Ethics and Modern Society-Classical Stoicism and the Birth of a Global Ethics: Cosmopolitan Duties in a World of Local LoyaltiesReflect: The change of our world from a local economy to a national economy to a global, international economy means that increasingly diverse populations will have to work together to achieve common goals. However, as the economy becomes increasingly global, local economies and people may suffer economic disadvantage or may find themselves marginalized from the rest of the world. Globalization creates ethical dilemmas for which we will need to find solutions.Write: For this discussion, address the following prompts:-Explain the implications of globalization.-Identify at least two ethical issues that go along with the global societal topic you have chosen for your final essay (see the file attachment "My Topic")-Explain how globalization contributes to or affects these ethical dilemmas.-Propose solutions to these ethical dilemmas that are feasible financially, socially, and culturally.Your initial post should include a thorough response to each prompt. You are required to provide in-text citations of applicable required reading materials and/or any other outside sources you use to support your claims.

Answer

Globalization and Its Ethical ImplicationsEvery economy in the world is experiencing some form of the impact associated with globalization be it increased market access or influx of imported products overshadowing locally manufactured ones. Though some people would rather focus on the positive side of globalization, the truth is it is not just a bed of roses evidenced by the ethical challenges it poses for most economies. Some of the implications associated with globalization include unfair competition especially when large organizations have access to markets that were otherwise dominated by local firms providing similar products and services. The issue of equitable distribution has been a major outcome of globalization with richer countries and organizations adding to their riches by exp...

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