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Like everything else that exists globalization has some big advantages

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and some big disadvantages let's start with the pluses like positive around [Rocks fall on person]

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here all right probably the most widely

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agreed-upon advantage of globalization is that it allows a massive exchange of

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information better faster and more popular information technologies are

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spreading around the world and allowing the free dissemination of info and cat

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videos galore hey we're still trying to stay positive here or paw-sitive.... [Man watching video of a cat]

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well some say that globalization is also

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starting to give the world a sense of cultural unity lots of people think that

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the sharing of information languages cultures ideas and stuff will help to

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unite the globe you know like hey we're all humans in this thing together no [People battling with swords]

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matter what our religious or ideological divisions are yay isn't it fun that we

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all believe that and we're not constantly in some terrifying global

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conflict well who knows... maybe one day the entire human population will

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simultaneously hold hands and sing around of kumbaya [family singing songs by a piano]

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all right well globalization is also helping to provide low-cost consumer

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goods through the magical math of globalized economies cheap labor cheap

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natural resources cheap transportation and tons of consumers equals $2 shirts [People grabbing 2 dollar shirts off a rack]

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at Walmart what we never said they were stylish $2 shirts

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well globalization is also creating larger market that's the tons of

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consumers part from the earlier equation if the whole world is our markets and [Earth spinning]

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businesses and corporations and ultimately individuals have the

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potential to make bunches of money while technological equality is also helped

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along by globalization this is another biggie...

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so stop doodling pictures of dogs riding unicycles in your notebook school for [Boy doodling in notebook and man throws book away]

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most of the 20th century there's been a huge technology divide between the super

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developed West and the developing world through globalization that gap is [Man stood outside GAP]

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closing yep charity commercials might show us

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Africa being full of mud huts and sad children with flies on their faces [Children in Africa on the TV]

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but Africans are totally taking advantage of a wave of new technologies

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which is great, slow progress but progress nonetheless...

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okay enough positives when lets change the music here to show we mean business

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that's better nice and gloomy it's time to dig into globalization's [People eating at a cafe]

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downside like how about wealth inequality all that wealth generating

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stuff we mentioned before has a tendency to generate great wealth [Money raining]

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for a select few the workers in the textile factories are definitely not

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benefiting as much from the global economy some might even say that the

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global economy is totally taking advantage event [Boss feeding an elephant]

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well globalization has also created an increase in corporate power ginormous

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corporations have tended to be the main folks regulating the global economy

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which makes them bigger which gives them more dollars which makes them more [Building increases and dollar signs fall from sky]

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powerful well it's kind of like how the Incredible Hulk gets bigger and stronger

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the madder his enemies make him.. some people are totally fine with that but

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others worry about giving power to folks who care more about money than local

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communities.. Well globalization also increases the chances of environmental [Cons of globalization]

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damage we've mostly talked about the money side of making that $2 t-shirt but

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cotton doesn't fall from the sky which wouldn't be all that bad considering [Cotton balls fall from the sky]

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sometimes giant chunks of ice fall from the sky and we take cotton any day every

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stage of production has some pretty nasty environmental side effects too

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growing more cotton means clearing more land and using the soil more intensively [Plane pours water over crops]

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and spraying more chemicals, while harvesting it and transporting it takes

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ton of fossil fuels and turning cotton into t-shirts in solution well throwing the

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t-shirt away when it's stained in six months means growing landfills c'mom guys

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buy a tie to go right... well some also complain that globalization is

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creating a loss of cultural diversity well you know that whole sense of global

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oneness well some people argue that it's taking away the unique awesomeness of [Family enjoying meal at the table]

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each individual culture and smooshing us all toward one huge melting pot well

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after all TGI Fridays is great but does it need to be just everywhere well some

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also worried about financial instability that globalization can cause it looks

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like this gigantic interconnected global economy isn't always stronger when [Economy working out]

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everything happens instantaneously and everything is connected small events on

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one side of the world can have a huge ripple effect [Butterfly flying over map of Earth]

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like how the Great Recession in the US recently rippled across the world so

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what's the verdict is globalization good or bad well it's a whole lot of both it

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seems but either way it's coming and like yet another mediocre Fast and the [Vin Diesel standing as cars whizz past]

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Furious sequel it cannot be stopped.

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