China and the Global Economy
Recently, the so-called "global economy" has been incredibly successful, being strongly supported by most recent presidents, Bill Clinton, and now George Bush. This economy has, overall, been a great impetus for the world as a whole. Not only does it bolster the economies of struggling nations by allowing them to trade with an economic powerhouse like the United States, but also it allows for more competition in the global marketplace, driving down costs to the consumer, and increasing quality. China, however, is one nation whose potential entrance into this global economy is under heavy opposition and scrutiny. While our executive branch strongly advocates their entrance, claiming that China would be a great addition, many oppose this notion, citing all of the moral and ethical issues at hand as evidence against the nation of China. So the question remains, as to whether or not China should be allowed to join the world economy. I will discuss the pros and cons of this very heated issue. First, we should address exactly why China is such a questionable nation as far as economy is concerned. One important issue is their incredibly poor working conditions, and treatment of employees. In America, we have many laws protectin
We cannot forcefully make them change. In reality, we would be using subterfuge to change China in a completely passive manner, the only method the proponents believe would be effective. If it does not, then America, as well as the global economy, will find itself in a negative situation that I don't believe we will be able to get out of. That, coupled with the fact that China would be a very powerful addition to the global economy, leads me to my final conclusion. While I do not approve of the method America would be using, I do recognize it as the only viable solution. On the other hand, I do recognize that there really are no other alternatives if we hope to ever see reform in China. There are, of course, two sides to every coin, and the proponents of China's admission into the global economy present very strong arguments themselves. Were we to ignore China's violations with the hope that they will change on their own, I would lose a lot of respect for America. I support the inclusion of China in the world economy, albeit very grudgingly. Opponents of China's entrance into the global economy cite these obvious moral violations as reasons for not allowing China to participate until they do something to change the current environment. I just hope, however, that we are right in thinking that exposure to American values will exact some kind of reform in China. They believe that China would follow suit, but only if they believe that we are supporting them. Personally, I am torn on the issue. Their workers get paid a pittance while being subjected to harsh working environments in so called "sweat factories", where they are crammed together in a building with no air conditioning or other such luxuries.
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