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There are two contending opinions on the issue of globalization. There are some observers who believe that globalization has brought rapid prosperity to the underdeveloped countries while others argue that globalization serves the needs of the metropolitan countries at the expense of the peripheral countries. This paper posits that globalization is economic terrorism. Using a dependency theory to analyze the asymmetric relationships between the developed and the underdeveloped countries, the writer applies some economic indicators to highlight the widening gap between the two worlds. In doing so, it is argued that the socio-economic and political structure of the peripheral countries are subordinated via globalization to foster the economic interest (the superstructure) of the metropolitan countries. Although several studies have been done on the issue of globalization, there has been no systematic study done to link the activities of both the governmental and nongovernmental organizations in terms of their impact in the international political economy. This holistic approach is an attempt to fill that vacuum. Drawing from the experience of Nigeria and some other underdeveloped countries in enhancing our understanding of how globalization accelerates the underdevelopment of the periphery, the roles played by the multinational corporations, Western media technology, the lone superpower, World Trade Organization, and International Monetary Bank/World Bank, are subjected to the test of empirical reality and logical plausibility.
THEORETICAL FOUNDATION
Globalization (a homogenization of global economic, social and political order) is not synonymous with internationalization (a collaboration of nationstates in their pursuit of mutual interests). It is argued in this paper that the ideal of a universal civilization is a recipe for unending conflicts in the world. It is time to resolve the contradiction between the need to foster multiculturalism and diversity on the one hand and the promotion of globalization on the other hand.
To fully understand the system of globalization, there is the need to revisit dependency theory. Dependency theory evolved in Latin America during the 1960s and later it found favor in some writings about Africa and Asia. Since both orthodox as well as the radical writers have assimilated dependency into their interpretation of development and underdevelopment, resulting in considerable confusion, effort is made here to distinguish the nature of dependency that the underdeveloped countries are subjected to from what the orthodox scholars may claim. Contemporary perspectives of dependency reveal the contrasting forms of dominance and dependence among the nations of the capitalist world. A Brazilian social scientist, Theotonio Dos Santos, lucidly affirms that:
First of all, you need confidence in yourself and your merchandise with clear goals and knowledge of the products you are selling. Only then can you inspire dedication from your staff and a willingness to buy from customers.
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Successful business people, no matter what their industry, have been found to share similar traits. Today’s world is no longer satisfied with simply success–we want to know how the successful get to the top. The Russians developed a concept called “anthropomaximology,” in which they try to answer the question of why some individuals outperform others. Through the years I’ve done some anthropomaximology of my own and found there are certain qualities that describe successful business people. Here are a few:
1 They constantly set higher goals Successful business people are mountain climbers who, having climbed one peak, look beyond to the next highest. They are the retailers who send 1,500 mailers to their customers and yield a good turnout of 100. But instead of being satisfied with 100, they ask how they can increase that number to 150 the next time.
For example, Donald Kelley of Kelley Frame and Art Galleries, with locations in Minnesota and Wisconsin, continually tries to improve his e-mail list. “My goal is to collect 150 new e-mail names every month and send out a new e-mail message to this list every two weeks.”
2 They avoid “comfort zones” To a successful person, standing still feels like going backwards. People who stay in their comfort zones do what they did before because it’s “the way we’ve always done it:” They run the same ads, buy the same merchandise in the same way and avoid anything new, different or unusual because they feel they might do something wrong. They blame any lack of business on the weather, the time of the year, the economy–anything except for themselves.
Successful gallery owners attend art shows, read catalogs and visit other galleries in their travels. They are always searching to find unique art exclusive to their galleries. They take control of their own destiny and market their businesses as exciting destinations.
3 They are driven by accomplishments, not money
Successful people follow the theory of Apple Computer’s founder Steve Jobs, who said, “The journey is the reward.” They are customer focused, not product focused. Their thrill is not the ringing of the register but the crowds responding to their mailing. For them, there is no greater high than a line outside the store before the doors open.
4 They solve problems rather than place blame
Tumi’s luxury range is made from durable and lightweight nylon with calf-leather trim. This is fitted with a metal barcoded panel that helps reunite the bag with you if it gets lost.
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2 Knomo Bungo [pound]154.99
This leather messenger bag fits a 15-inch laptop and has a quilted removable pocket for your computer. It’s made of soft leather on the front and strong nylon or canvas on the back.
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3 Pakuma Akara K1 [pound]49.99
This is good for bigger notebook computers, and will hold a 17- inch laptop in its Cocoon memory-foam protection system. It has an MP3 player pouch with a headphone-out port.
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