What is the most urgent issue in global political economy? Globalization winners are the wealthier countries which have capitals, qualifications, mobility which allow them to profit of globalization avantages. But when wealthier countries are taking advantages of the global world it produces inequality ; extreme poverty and instability. Indeed, poor countries are victims of globalization, they are not integrated, and wont be because of their exclusion of world trade.
Wallerstein explain that in capitalist system there is a “periphery” of poor and underdeveloped states and a “core” of wealthy states, much of which are northwestern . The core is enriching at the expense of the former which are integrated into the “world system“.So wealthy countries are integrated theses poors countries in capitalist system , for their location, resources, cheap worker, fiscal and waste dump and many others. The price of being integrated is exploitation so international of division of labour is not fair because of desequilibry between both actors.
Poor workers are exploited by multinationals corporations, in insecure conditions and without rules. Rana Plaza was a real disaster in Bangladesh, but not the only. A few months before the collapse, 112 people were killed in a fire at a textile factory there. Some European companies that sourced their products from the two factories have set up a compensation fund for workers from both disasters, but none of the American companies have decided to take part. Among theses there are Sears, Wal-Mart, and Disney.
Besides, there is an other economic method in world market for European and America to control the world market by fixing prices of African cash crops. If they fix the price they can keep prices low so that Africa remain dependant to their aid .To make Africa a damping place for cheap labour and market for Europen manufactured goods with the aim of exploiting African and Asia countries. You can also directly steal from poor countries in the Democratic Republic of Congo, two mining companies on the London Stock Exchange did deals offshore that robbed the African nation of enough to cover its education and health budgets for two years.
More inequality, there is dumping waste, a dramatic exploitation of poor countries. Most of countries where north countries are waste dumping are located in Asia and Africa. For instance, in Ghana, a place has been given the nickname of Sodom and Gomorrah by locals. The name is not a reference to sexual deviancy, but rather to the flaming wasteland that God made of the two towns in the Bible. This area is so polluted due to this every year, hundreds of thousands of tons of electronic waste from Europe is dumped there. Locals burn it, which releases toxic fumes, but the process allows them to collect and sell the pieces or things inside.
The impact on the environment and people health is dramatic. Lead quantities in the soil have been found to be 45 times the safe levels recommended by the United States Environment Protection Agency. Blood tests on a local volunteer found aluminum levels at 17 times the safe amount.
The European Union has sanctions against exporting waste to developing countries, but those rules were ignored. Many waste goods are classed as “charitable donations” before they are dumped on scrap heaps.
The most incredible thing is that wealthier countries are starving poors one. Westerners are eating food that has been imported from parts of Africa and South America, while people in those countries are dying due to a lack of nutrition.
Somalia was exporting food in the 2011 s during a famine. Thirty years later, and it continued to export livestock. The people of Senegal have survived by fishing for centuries, but their food sources have been severely depleted by European trawlers. Many of these ships ignore regulations completely, and go so far as to fish under a Senegalese flag before shipping their catches north.
- Diana Haag. (2011) MECHANISM OF NEO-COLONIALISM. Publishing in Barcelona. Page 22
- Wallerstein, Immanuel, 1974–1989. The Modern World System, 3 volumes, New York: Academic Press.