In: Economics
With the many local smaller special unique cultures around the
world in many countries of all sizes: with globalization, should
these small local cultures be protected from globalization?
Why yes? Why no?
The globalization of goods and services production and distribution is a welcome development for many people in that it provides them with access to products they would not otherwise have. However, some are concerned that the changes brought about by globalization are threatening the viability of products made locally and the people producing them. For example, the new availability of foreign foods in a market — often at lower prices — can displace local farmers who have traditionally earned a living by working their small parcels of family-owned land and selling their goods locally.
Globalization, of course, does more than simply increase the availability of consumer products made from abroad and disrupt traditional producers. International trade in cultural products and services such as movies, music, and publications is also on the increase. The expansion of trade in cultural products increases every society's exposure to foreign cultures. And exposure to foreign cultural goods often causes changes to local cultures, values and traditions. While there is no consensus on the consequences of globalization for national cultures, many people believe that exposure of a people to foreign culture can undermine their own cultural identity