Summary Essay Example | Topics and Well Written Essays - 750 words - 19

Summary - Essay Example The wages these companies give workers cannot be compared to the revenues they make in their financial years. However, this trend was created by local investors who created a very low wage margin for local workers. Comparing the wages given by local companies and international compared there is about 50 percent difference. This shows how much disregard local companies treat local human resources. On a brighter side, international investments have been of great importance to the economy on India. The country’s infrastructure has greatly improved and many SMEs have been cropping up creating imitations of the international brands (Selzer & Faigley, 395). Regardless of the lack of originality, analysts have argued that this is a good thing since there is creation of jobs (Selzer & Faigley, 393). This whole perspective begs the questions; should there be rules of trade that govern international exploration of local companies? If the rules are created, who will be the least benefici ary? In my opinion globalization should not be governed by financial insecurities. This is because globalization has made the international corporate world effective and much competitive and this leads to growth of the global economy. The article on America’s place on the world is based on the recent global view on the nation. After the Second World War, America assumed the position of super power. A position it effectively exploited with its colonization of European and Asian markets (Selzer & Faigley 379). Its mandate to safeguard the globe has also been effectively executed as the nation is always in fight against terrorism in any part of the globe. However, recent events such the September 11 attacks have made many nations question the capabilities of the United States in ensuring a safe globe (Selzer & Faigley 379). American citizens also feel that the nation has too much on its plate and this is creating a