Globalization in its broadest sense has resulted in the utilization of all points on the compass as legitimate sources for material resources, assignment of processes, and destinations for finished products and services. The only boundaries are efficiency and profitability. However, new contingencies have arisen such as geopolitics and terrorism, the uneven responses in the local community to the impact of global forces; and, criticism of corporate activity is growing.
Because of the impact of increasing globalization, quality of life issues, the impact on lifestyles, and the uneven compatibility with the idea of progress, various issues deriving from equity/social justice arise. Examine and compare expectations of workers, local concepts of propriety, justice, and service, and their impact on the society and its economy.
Sustainable development is an idea set aside to help address concerns about environmental issues with socioeconomic issues (Hopwood El al, 2005). This student is in agreement with Victor (2006) about his statement of sustainable development becoming conventional wisdom. Sustainable development has fallen apart over the last two decades due to the political interference and influence of special interest groups (Victor, 2006).
The ideas Victor discusses are similar to the challenges faced by the World Social Form and World Economic form. The intentions of these groups are to help address globalization issues, many of these groups nonetheless are better at creating documents with ideas and costly budgets, than implementing a plan (Victor, 2006). Reviewing the World Social Forum, World Economic Forum, the United Nation and the World Trade Organization, shows these organizations as failing to deliver on their roles and require reevaluation (Tharoor, 2000).
Humans are dependent on their environment to address their needs and provide resources for daily living; the mix between the economy and the ecosystem is continuing to grow (Hopwood et al, 2005). The longer the struggle is to address the global poverty, the greater challenge to grow the economies of the less prosperous nations (Hopwood et al, 2005).
The sustainable development theory according to Victor can be repaired if taken from a full governance perspective rather, than have interest groups utilized their agenda to mediate the direction of the theory. In order to address the failure of sustainable development, the fundamentals of the theory have to be revisited. In order to implement sustainable development; organizations must address poverty, use local business to grow the country, while utilizing new technologies for growth (Victor, 2006). The implementation of these strategies will foster local growth and spin the wheels of economic growth.
Addressing global poverty can be accomplished through the use of the best polices and avoidance of the grand scheme idea. The student has viewed the impact of poverty on several West African countries, including Nigeria. Though the United Nations and other special interest groups have tried to address the issues, their policies and procedures have proved futile. Special interest groups such as the World Social Forum and the World Economic Forum have also tried to address poverty but to no avail (Victor, 2006).
The use of small and local business versus conglomerates in the impoverished nations encourages entrepreneurial minds and can grow the GDP of a country over time. Encouraging local business, without government interference, will allow for increased opportunities in different industries. These opportunities for business provide them the ability to challenge larger business in their environment and continue to grow (Hopwood et al, 2005).
This student while agreeing with Victor sees his point of view as challenging. The task of curing poverty around the world is a huge burden and financial strain on many. Victor dreams of a society where the concept of sustainable development are implemented, though, with corrupt leaders, politicians, and special interest groups, the possibilities are slim. Can we get through the hurdles to implement this theory?
References
Hopwood, B, Mellor, M & O'Brien, G. (2005). Sustainable Development: mapping different approaches. Sustainable Development. 13(1) p. 38
Tharorr, S. (2000). Does the UN still matter. Retrieved on October 12, 2010 from http://news.bbc.co.uk/2/hi/talking_point/911171.stm
Victor, David G. "Recovering Sustainable Development." Foreign Affairs 85.1 (2006): 91. Expanded Academic ASAP. Retrieved on October 10, 2010 from http://find.galegroup.com.ezp.waldenulibrary.org/gtx/infomark.do?&contentSet=IAC-Documents&type=retrieve&tabID=T002&prodId=EAIM&docId=A142737343&source=gale&srcprod=EAIM&userGroupName=minn4020&version=1.0
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