By al-Din on April 9, 2011 1:07 AM
Nation-states and people are becoming more interconnected in all facets of life - cultural, economic, political, technological, and environmental. That is globalisation in which transnational corporations (@40,000) and not nations are the major players.
In trade for example, they send us Coke, KFC etc we send them rubber products - condoms and gloves. Malaysia produces 60% of the world's supply of gloves. It may sound simplistic but when we open-up too much and too dependent on foreign trade and investments will erode our sovereignty. Sudden asset outflows by transnational corporations due to political or other reasons can bring a nation to its knees.
However good are the theories of globalisation in the end the weak cannot withstand the onslaught of the whims and fancies of those who define it. Each nation and people must strategize do whatever possible to be not heavily dependent on foreign sources for growth.
Planning for long term sustainability of food security in rice and alternative sources of energy are paramount. Visit this website for biofuel sources and modes of sustainable living.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment