ISmanMalaysia


International Social Mutual Aid Network (I-Sman) is really a platform for folks where they can share their money amongst themselves and also be up as a residential area together, yet residing in different continents around the globe. I-Sman will be the Common Man's Combat The Unfair Global Economy System. I-Sman will be the new worlds crowd-funding and crowd-investing platform. I-Sman


Globalization

To be able to acquire a deeper comprehension of the global economic issues ultimately causing the existing global recession we must go through the history, things that work, and the stuff that have harmed the earth's economy in general. I-Sman Malaysia

As a result of downfalls of your global economy depending on capitalism, there are entire activist movements making an effort to stem the tide of under developed countries being consumed with this global economy. Continue reading and I'll explain some of the basics.

History

A global economy is not actually a new idea. Individuals have been traveling by sea to trade goods for centuries. At the center Ages, traders would travel across the Silk Road connecting China and Europe.

Throughout the Industrial Revolution from the late 18th century, steam engines led to faster production machinery in addition to steam powered boats enabling individuals to produce, deliver and trade goods considerably faster than in the past.

Following the 1980s, however, globalization really found speed. Events such as the NAFTA (American Free Trade Agreement) and also the formation of the WTO (World Trade Organization) opened up the markets dramatically. These along with other factors allowed the complete global economy to become held under one system the very first time in history.

Benefits and drawbacks

Globalization allows nations to create their business best. If a country can get cheap coffee from another country, they are able to focus their agricultural efforts on a crop which is more suited with their climate. The rise from the overall market size will benefit consumers by giving cheaper plus more easily obtainable goods.

Now, for that down side(s). Industrialized countries experience significant unemployment when corporations outsource or relocate to areas of cheap labor. However the biggest and maybe most upsetting bad thing is globalization, once we have approached it over the past thirty years, directly contributes to the poorest countries growing poorer. These countries get gobbled up by corporations quickly in many cases having their most important resources, including water that is clean, being extracted from the citizens for privatized production and employ.

Moving Forward

The protest groups carry on growing and organize, using current global economic issues as evidence that everything has gone terribly wrong. Nevertheless the problems lie not merely with all the ethical concerns of globalization. Indicators start to show which our current global economic crisis is getting ready to get much worse. A good thing you are able to is to educate yourself, form your own opinions and discover how to protect your financial future.