Historically, international flows of capital and commodity trade have taken three routes, through imperialist and colonial conquest, trade and investment among advanced capitalist countries and recently through exchanges among Third World countries (Petras 27). These methods share the common goal of exploiting vulnerable areas of the world in order to benefit core countries and more importantly international corporations. However, each route has produced different consequences in global society. Imperi

Many people are self-indulged in the seemingly prosperous lifestyle of the “American Dream” that they are able to ignore the problems of the world. It seems corporations have developed the ideal system of capitalism completely disregarding social welfare. They have created the most efficient method of production, completely disregarding life, and have found the ideal consumer, who are delusional to corporate actions. The system consists of an absolutely amoral process of not only production but also living. Humanity has become a machine of production much resembling the process of computers. One must do not think, corporate America doesn’t need one to think because its their way or the highway. This is the impression that has been present in local society more recently. This could possibly be the demise of the current capitalist system. Once the local public is affected directly situations become more hostile. The illusions that once shielded the methods and interests of the system begin to fade. People begin to educate themselves and always second-guess any course of action. Perhaps the people of this nation no longer wish to participate. At first reform is the first attempt of resolution, however, failure to reform makes revolution inevitable. In the periphery revolution and reform is almost impossible, however, in the core there is a greater power of public opinion. In fact in this nation lies a people historically resistant to domination and in all hope will disallow the destruction of the human character.

The stolen wealth of the Third World during imperialism disabled the ability of periphery nations to develop industrially, and exponentially increased the rate that the core countries industrialized. The effect of World Wars dramatically enhanced this process and in the present has left the Third World helpless. Unfortunately, the only available aid these countries can seek is the assistance of these financial giants. Although many of these agencies comply with financial aid, it is well assumed that their interests will be the first priority of Third World democracies in order to compensate for their assistance. If a governing body of the Third World objects to foreign industrialization of their territory at low cost financial aid becomes more limited, which dramatically affects the status social welfare. Secondly, an increase of tax rates on foreign investment or higher minimum wage also drives the industries in these sectors to relocate to cheaper establishments of industry. Although financial aid is offered for humanitarian purposes the corporate interests associated with this process involves paying wages cheaper than the standard of living and the inability to tax paralyzes any attempt to enhance social welfare. Any income produced by the periphery is spent not on education or healthcare but on the high interest of large debts to these financial giants. Anything that is left is spent on military in order to maintain the flow of international financing that only few prosperous individuals benefit. Basically, the promotion of democracy in the periphery is the main actor in destabilizing the democratic process in these nations. Uneducated workers exhausted from hard cheap labor barely have the energy to attempt to unionize and when any hope of a better life becomes present through reformist action it is quickly quelled by paramilitary intervention. The Third World can be classified as a well-oiled machine for cheap fast production where workers are merely referred as a replaceable commodity. Concerns for their health or education are not factored in corporate interests because it doesn’t coincide with their interests. If one dies another is born, similar to the ideology of imperialist slavery.

In the processes of globalization and imperialism many similar trends can be identified. Although the methods used are very different the motivation behind these processes and the parties involved remains

Some topics in this essay:
Third World, Latin America, Corporate America, World Bank, , Cheney’s X-company, Cuba Mexico, France Germany, Republic Russia, Treasury Department, third world, social welfare, international corporations, core countries, third world countries, world countries, financial aid, cheap labor, corporate america, financial giants, debt crisis, taiwan south korea, imf world bank, japan taiwan south, stolen wealth third,