Globalism have on Human Rights

Globalization is the term used to describe the liberalization and interdependence between the world’s economies, cultures, and populations (Peterson Institute for International Economics). Globalization encompasses the growing cross-border trade of goods and services, foreign direct investment (FDI) and foreign portfolio investment (FPI), technology, and information between countries. Think of it as a “McDonaldization” of not just capital, labor, and commodities but of lifestyles, ideas, preferences, food, culture, and values–the interaction amongst people within states plays a vital role in transforming not just political institutions, but cultural standards (norms), and social connections (Swathi Hosamani and Shravani Hosamani 4). Furthermore, globalization brings about economic growth, technological progress, and infrastructure development and has the promise to bring lower-developed countries into the 21st century; however, simultaneously, many difficulties still arise at the intersection of economic progress and safeguarding human rights (Swathi et al. 7). First, what does it mean to safeguard human rights? “Human rights”, a term coined in the 20th century, nevertheless present since the beginning of civilization, are fundamental basic rights. Human Rights are natural or inherent within all of us by virtue of our existence. To safeguard human rights means to uphold the inherent worth and respect of every individual in the collective and in cultivating a cohesive society, protect against any attempt of infringement of one’s dignity, as a collective cannot triumph if even the inherent rights of one do not remain inviolable (Swathi et al. 7). Economic globalization does not just have significant potential to impact human rights; it Read more