Globalization

Globalization and internationalization both have an advantage. This two go together in the aspect of trading. Going to and fro from one country to another in matters of business and other travel is not so restricted like before. With the help of information technology, communication is easy and faster, and therefore transacting business and the delivery of products through courier is much easier. Globalization is benefecial to countries who suffer price elasticity due to high demand that results in low supply of a certain products. It is also benefecial to countries who have product surplus and even intentional surplus because of their power to supply globally. I say, the power to supply globally, because they created a market structure to make them powerful.

In the aspect of education where countries' having high rate of poverty incidence, and some citizens lacks access to learning in universities, and only the rich citizen can afford to finish degrees, this is a disadvantage to some universities. The reason for this is that there are some learning that people can access to the internet, for example, the availability books in the internet. Instructions can be acquired freely from youtube amd many other institutions that could provide through video streaming. Another example is the EDX university. Master's degree for example can be learned through internet. Skills training can also be learned in the internet.

Now, let's talk about employment, of course, companies will stop producing when there products is not anymore competitive in the market due to lower price of imported products. Employment is a factor to measure poverty incidence. And, this will follow the food insecurity of some citizens who lose their jobs. Cannibalistic capitalism even victimized some political leaders. Like for example, some countries are now losing hope for their rice industry due to lower cost of rice production of some importing countries compare to their own country.

As to my job, yes it affect some of us, due to the new law on the tarrification of rice, the government agency has to downsize the organization. This is the effect that some positions are not any more needed.

I have observed that the approach to teaching students from senior high school down to junior high achool and elementary, compared before, the type of approach of teahers today (with the help of low salary) is a lazy teaching approach. Teachers does not anymore exert effort to teach, they act like coaches in a certain sports until the semester ends. Students will rely on youtube discussions, google, and forums. The old approach of teaching students now transferred to google university and youtube university. Books are not anymore saleable in the bookstore. Book authors are not anymore a demand.