I just recently finished a 2,000 word essay for my Political science class about globalization. I focused more on the economic side of it and carefully weighed the pros and cons. I’m not sure how familiar the people reading this post are with the idea of globalization, but I will assume they at least know what it is. While doing the research I began to look at everything through a capitalist point of view, thinking that since the overall standard of living and GDP are increasing then it is an overall positive to the economy. While this statement is technically true there are still plenty of people not benefiting from the international market and the divide between rich and poor is still getting bigger. This doesn’t mean that the poor are necessarily becoming poorer, but the rich are becoming richer at a faster rate. This is partly due to the lack of international business regulations, such as varying wage laws between nations (allowing certain businesses to outsource and exploit lower wage rates in other countries). I came to the conclusion that globalization is overall good for the economy, but could benefit from an international organization that regulates trade.