Can globalization be considered to be doing more harm than good? Please discussed using peer reviewed research.

Globalization has had a major impact on the world at large, both in terms of business
and culture. As technology improves, the world metaphorically gets smaller. When that happens,
cultures collide and changes begin to occur. Along with all of the positives, there are several
pitfalls that can accompany globalization.

First, big business can get even
bigger. Large national companies rapidly become so powerful that they hold large portions of the
market throughout the worldand they end up pushing out local businesses and putting people out
of work while undercutting prices.

Second, threats...