About Lesson
1. Unequal Benefits of Globalisation βοΈπ
- Not everyone has benefited equally from globalisation. πβ
- Educated, skilled, and wealthy individuals have made the best use of new opportunities. ππΌπ°
- Many people, especially small producers and workers, have not shared the benefits. π©βπΎπ·ββοΈπ
- Job security has decreased, with many workers now being employed on a contract basis. ππ
- Traditional industries such as handloom, small-scale manufacturing, and cottage industries have suffered due to cheap imports. π§΅ππ
- Farmers have been affected by fluctuating prices due to global market trends, making their income uncertain. ππΈπ
- Income inequality has increased, as the rich have gained more from global trade and investment, while the poor have struggled. π΅β¬οΈπ₯β¬οΈ
2. The Need for Fair Globalisation β π
- Fair globalisation should create equal opportunities for all. βοΈπ
- The benefits of globalisation must be distributed more fairly. π‘π€
- Policies should ensure that no one is left behind in economic growth. πΆββοΈπ
- Governments should take steps to protect vulnerable workers and small businesses from unfair competition. ποΈπ©βππ‘οΈ
- Environmental concerns should be addressed, ensuring that economic growth does not lead to excessive pollution and resource depletion. π±β»οΈπ
- Large corporations should be held accountable for fair wages, ethical sourcing, and better working conditions. πΌπ·ββοΈβοΈ
- Countries should work together to prevent exploitation and ensure fair trade policies for all nations. π€πποΈ
3. Role of Government in Ensuring Fair Globalisation ποΈπ
- The government can take steps to protect all citizens, not just the wealthy. π©βπ©βπ§βπ¦βοΈ
- Measures include:
- Ensuring proper implementation of labour laws to protect workers’ rights. π οΈπ
- Supporting small producers to help them compete globally. ππ
- Using trade and investment barriers when necessary to shield domestic industries from unfair competition. π§π
- Negotiating at WTO for fairer trade rules that are beneficial to developing countries. ππ€
- Collaborating with other developing countries to counter developed nations’ dominance and advocate for more balanced global policies. πβ
- Introducing social welfare programs to support those displaced by globalisation, such as retraining programs and unemployment benefits. πΌπ§βπ«π°
- Promoting sustainable development practices that align with fair trade and environmentally friendly policies. π±πβ»οΈ
- Enhancing access to education and skill development for all citizens to help them adapt to global market demands. πππ‘
4. Role of People in Fair Globalisation π£οΈπ€
- Mass campaigns and public representation have influenced major trade and investment decisions at WTO. π’π
- This shows that people can play a crucial role in pushing for fairer policies. π₯βοΈ
- Collective action can help create a more just and balanced globalisation process. βπ
- Activism and civil society movements can raise awareness and demand accountability from multinational corporations. πͺ§π’π¬
- Public pressure can lead to changes in government policy, ensuring that the interests of all people are considered. π£οΈπ
- Global solidarity movements between workers and small producers can advocate for ethical business practices and fairer wages. ππͺπ΅
- People can challenge unfair practices by corporations through boycotts, petitions, and legal action. βπ«ποΈ
- Grassroots organizations can work to empower marginalized groups and give them a voice in the globalisation process. π¬π₯π±