This conversation is closed.
Globalization is helping increase Wealth of Developed World
Globalization is enabling consumer & related products / services at cheaper costs to people of developed world. Technology & patents for most products needed by majority of world population is controlled by Developed world.
Education system of Developed world is geared towards Innovation / leaders. Education system of Developing world is geared towards making more engineers who can be good subordinates. Due to high unemployment in developing world most young population is focused only on ensuring they are employed (they cannot even dream of failing); whereas Developed world respects failure by its work-force.