International Politics Essay Example | Topics and Well Written Essays - 1500 words

International Politics - bear witness ExampleThis paper aims to critically review the book Why Globalization Works which is written by Martin Wolf. In order to support the arguments, evidences from the text go away similarly be presented. Authors disputation Martin Wolf has presented the topic of globoseization rationally. Defending globalization, the author argues that anti globalization, failure of political sympathiess and systems have been the cause of global market failures. Wolf also dismantles the argument that rich countries exploit smaller countries. He has drawn a clear picture where the problem exists (Wolf). The failure of our humanity is not that there is too much globalization, hardly that there is too little (Wolf 4). Thesis Statement For the greater mature, globalization itself is a vibrant transpose but as how the political system has mismanaged or mislead this channel of globalization, it has brought the worst affects throughout the world, to the world eco nomies and to their systems. Body The book has a strong appeal for those who are interested in globalization and its prox how democracies will make the most out of this phenomenon and how governments and their unleash markets will collapse due to its wrong or mere use. In order to understand the authors argument and to prove the thesis statement, a critical analysis of the book is given below. The idea that distance, space, and technology matters is not disagreed but at the analogous time a territorial authority of states matter. Even though technology is detect as a sound source which allows strong territorial control and monitoring of physical objects that crosses the borders, states should not emphasize and believe heavily on the regulation of markets local or international. The state or a government will itself decide and plan to which extent it is going to utilize the opportunities presented by globalization (Wolf). Market failures are noticed not because of globalization b ut because of the system failure and the weak and ineffective policies. These failures are usually local. It is also due to the central planning as the author has termed it as ludicrous as it does not contemplate the consumer behavior or his taste, lacking the element of innovation (Wolf 59-60). It is the duty of the government to cater the basic need of consumers by providing them the basic goods (Wolf). In order to prosper and grow, a state should realize that it needs to rinse its debt and at the same time should also protect what belongs to the public. The state must show elements of credibility, predictability, transparency, and consistency (Wolf 25). Moreover, the government must refrain itself in interfering in the business deals of merchants and investors. It should let them do business as they want because it is evident that all the Western societies have been crafted by these businessmen using the elements of practicality, rationalism, and freedom of interrogative (Wol f). The author of the book Martin Wolf comes with a very comprehensive definition of globalization that it is something which is meant for the greater good, for the good of the world, for the good of the worlds economies and their economic revivals. The author describes globalization as a method of free trade, and a method where free movement of goods, resources and opportunities are made possible. Globalization itself is an idea to promote the greater integration of the world as the author