Globalisation and International Institutions Essay

Globalisation and International Institutions - Essay ExampleGlobalization and enlightment Globalization and enlightment envisages ideas move across the world with ease at any given time. The world, instead of promoting globalization, encouraged slave trade, curiously the more developed nations. This is building up of economical slave trade which is not similar to the record of debates that the current world needs to be engaged in. For instance, ten Smith propagates authorities intervention and let off trade across borders not minding the effects it may have on the economy of those countries (Stilglitz, 2002 p. 38). According to prof Joseph, for industries to develop, the magnitude of development needs to be in line with the government policies. According to smith, when cities develop, the rural sphere will be negatively affected or rather will feel the impact at a great level. Joseph therefore, argues that, no development can occur automatically without a favorable government policy. Two decades ago, smith may have anticipated the ideas that reflected the ideas of globalization. Smith was aware of the marketing professions and limitations of the government that play a role in what happened after the policy setting (Smith, 1901) Globalization and enlightment has caused moral values problems and the meeting of different societies that has resulted in stack of diverse cultures mixing through migration. This is exactly what Joseph believes is a propeller of globalization and enlightment. He believes that the value of tolerance is necessary if we have to achieve this, because we need to learn living with people from diversified cultures and backgrounds without conflicts. Therefore, to enhance globalization, we need to establish some standards that all individuals need to conform to. They include, basic valet rights, labor standards, and establishment of the encounter of law that should be agreed upon by all the countries, for example, a get against the t orture of children (Stilglitz, 1993 p. 143). Globalization has a future and if we attempt to go beyond these confines, then we will be trying to ignore the values, which must be followed for a positive achievement. Convention of torture is undermining the international rule of law hence affecting the way we live together as the international community that the supply administration failed to live up to. The world needs to push for the values like looking at the IMF imposations on basic economic world standards. He argues that tolerance gratuitys us to live towards achieving different economic goals and globalization (Younis, 2008). Second is the set up rules that are set and imposed by the international community, for example, rationality and pragmatism which positively affect globalization. Adam smith rejected this ideologies was at the heart of the enlightment. He became the buzz off of a new ideology of the free market ideology which turned out to a religion. Adam Smiths argu ment promotes self-interest instead of promoting moral issues that may enhance enlightment and globalization. Professor Joseph subscribes to issues that do not compromise globalization, but rather enhances the well-being of the society leading to globalization. Self-interests do not lead to economic improvement but rather it pulls down the chances of economic efficiencies. The higher the profits accrued from the ventures, the break up the business environment and basic social