In recent decades, globalization, defined as “the process by which markets integrate globally” by Spence, Michael (2011), has emerged as one of the most widely debated phenomenon processes in the world. This is mainly due to the effects it has on sectors such as economics, politics and so on. However, as globalization brings numerous benefits to the world, it also brings with it numerous drawbacks. In this essay I will examine two aspects of the arguments for and against this concept. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay On the one hand, globalization can be seen as positive for economic, political and social reasons. From a market-centric perspective, since it is an undeniable truth that the convergence of countries around the world has led to significant development in technology; communication, transportation and travel have been proletarianized (Aliber and Click, 1993). This allows people around the world to access a large number of standardized products on a large scale, meaning everyone can buy the same products anywhere in the world with little to no price difference. Therefore, as companies now face demand from not only local but also international customers, they gain “a new reality that benefits from enormous economies of scale in production, distribution, marketing and management” (Aliber and Click, 1993 ). . This reduces operational costs and therefore helps companies earn more profits. Regarding the effects that globalization has on politics, it could be argued that it can lead to international peace and greater security. According to Karl W. Deutsch and his associates, “trade and other forms of intercultural exchange would help foster the development of a 'sense of community,' which makes resort to violent forms of conflict resolution increasingly unlikely” (Deutsch et al ., 1957, Barbieri and Scheneider, 1999). Furthermore, it can also be argued that countries are now more interdependent on each other, creating greater possibilities for avoiding conflicts, as well as stepping forward to ensure mutual security in the event of an armed conflict against a country. For example, Russia offered to provide support in the fight against ISIS for Syria and this was due to the strong bond developed through a history of doing business together between these two countries, particularly because Russia is one of the largest suppliers of weapons from Syria (Yan, 2013). At the individual level, the first benefit that people derive from the help of globalization is the improvement of living standards. As this phenomenon allows companies to become multinational, more jobs are created as such companies take jobs globally to find talent, thus leading to increased employment rates in host countries. This is particularly beneficial for the living standards of developing countries and their economies as a whole, as they can gradually move away from poverty. Furthermore, the development of technology resulting from globalization also serves to connect different people across the world. An example of this can be illustrated by the growing popularity of social media platforms such as Facebook, Twitter and so on. In the past, it would take days or even months for a person from one country to reach another through the use of written letters. However, nowadays people can easily use the help of social media sites, as mentioned via the Internet, to talk and make friends with people from other countries with just one click, as well as having.