Countries today are classified according to the division of labor due to globalization. The main industrialized countries are responsible for high value-added production and peripheral companies in developing countries carry out labor-intensive but low value-added production. Malcolm Waters said the global division of labor is widening the gap between rich and poor countries. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”?Get the original essay There are many debates about whether globalization promotes economic growth for all or whether it increases gap between the rich and the poor. Those who fall into the latter category believe this is due to neoliberalism, which is a set of ideas arguing that the market is superior to the state. Critics of neoliberalism differentiate between globalization as "a universal process of reducing the globe into a small village" and globalism as "an ideological version of neoliberal globalization." Critics of globalism, on the other hand, emphasize societal inequalities that exist both domestically and globally. Some even think that inequality due to globalization is a good thing, like the economist Friedrich von Hayek, or that globalization does not bring any kind of prosperity, like Joseph Stiglitz. It is clear, however, that due to inequality, the rich have become inseparable from total global wealth. For example, in the Philippines, the 50 richest Filipinos have a combined net worth equivalent to about a quarter of the country's gross domestic product. Growth is an increase in quantity while development is an increase in quality. They do not integrate with each other, because development does not necessarily occur if there is growth. There are several arguments and beliefs regarding growth; One is the productivist paradigm, which advocates continuous and endless growth, rejecting any limits to resources. Ecological economics, for its part, recognizes that resources are limited and that the redistribution of wealth is therefore an ethical obligation. Consumerism and growing demand, particularly in developed countries, are believed to be responsible for environmental degradation on a global scale. Consumerism is also felt in third world countries in the form of used products from developed countries, such as second-hand clothing purchased by people in developing countries. Keep in mind: this is just a sample. Get a personalized paper from our expert now. writers.Get a Custom Essay Man-made problems caused by globalization are referred to by Anthony Giddens as manufactured risks. People are aware of these problems, Giddens describes, but that doesn't necessarily mean people will actively come together to solve them. Global warming caused by technological progress is an example of a manufactured risk. People are aware of the phenomenon, but because the effects of global warming are not immediately visible, few people will do anything to reduce the problem or solve it...