By: Octavio de la Torre
President of Concanaco Servytur
A Model Under Scrutiny
Throughout history, every breakthrough has generated resistance. Globalization is no exception. For some, it is humanity’s greatest economic advance; for others, it is a mechanism of oppression that benefits a few at the expense of the many.
The 2008 financial crisis, the pandemic and geopolitical conflicts have highlighted its weaknesses, leading many to question whether we are seeing the beginning of the end of this model.
The Economic Impact and Its Criticisms
Critics of globalization argue that it has exacerbated economic inequality. While international trade has lifted millions of people out of poverty, it has also left many local economies behind, and there are those who believe that globalization has concentrated wealth in the hands of a few and weakened the role of states in regulating the economy.
Globalization And Cultural Loss
In addition to the economic impact, there is a cultural argument that cannot be ignored. Many societies have seen their traditions and customs displaced by uniform consumption models, promoted by large multinationals. Cultural homogenization is one of the main concerns of anti-globalization movements, which seek to preserve diversity and local identities.
The Environmental Challenge of Global Trade
Another factor that has led to the revision of the globalized model is the climate crisis. The production and transport of goods globally have generated an unsustainable ecological footprint. Countries such as Germany and Canada have begun to implement models of sustainable globalization, with strict regulations on labor and environmental matters.
Towards A New Globalization?
The future of globalization is uncertain. While some voices call for its end, others seek to reform it to make it more just and equitable. The truth is that the world can no longer afford to move forward without control.
Integration With Responsibility In this new scenario, the key will not be to choose between globalization or anti-globalization, but to find a model that combines economic integration with social and environmental responsibility.
