Globalization Challenges and Ethics

Globalization: a process of interaction and integration among people, companies, and governments of different nations, driven by international trade and investment, aided by information technology.
Effects of globalization: impacts on the environment, culture, political systems, economic development, and human physical well-being.
Objective: to create a truly interrelated, interdependent, and developed global village.

Reduction of protectionism: unfair unless applied fairly, leading to exploitation by multinationals.
Inequality of power: massive exploitation by multinationals, particularly in countries with weak or no trade unions.
Gap between rich and poor: 40% of the world's population lives on less than $2 a day, receiving only 5% of the world's income.
Economic globalization: marginalizes the poor, destroys the environment, and damages cultures.
Increased inequality: further impoverishes the poor.
Global problems: pollution, resource shortages, global warming, expansion of global tourism, spread of diseases, and terrorism.
Poverty: 820 million people lack adequate nutrition, and there is a need for aid and a fairer trading system.

Countries must accept shared responsibility for managing risks and assisting developing countries.
Coordinated action: address poverty and malnutrition worldwide, support countries where outbreaks occur, and help those most at risk of infection.
International cooperation: necessary to address global dangers such as climate change, financial crises, and rising inequality.

Millennials: born between 1977 and 1995, characterized by increased use and familiarity with communications, media, and digital technologies.
Traits: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
Ethical outlook: open-minded, pragmatic idealists, desiring to make the world a better place, but also understanding the need to work within and outside existing institutions.
Beliefs: support access to affordable contraception, abortion, and progressive domestic social agenda.
Work ethics: tech-savvy, appreciative of diversity, skilled in multitasking, but also lack basic literacy fundamentals, have short attention spans, and demand immediate feedback and recognition.

Millennials: individualistic, self-directed, and focused on finding themselves, with a strong sense of independence.
Morality: personal and subjective, based on feeling, and nontransferable to others.
Conflict with parents: difference in mentality, with Baby Boomers seeing Millennials as greedy, self-absorbed, and wasteful, while Millennials are seen as denying the lifestyles of their parents.
Differences between Baby Boomers and Millennials: progressive social issues, political party identification, and wealth.### Millennials and Marriage
Millennials are more likely to marry someone of a different race, with 15% of marriages being between people of different races or ethnicities.
This is a significant increase from the 1960s, when less than 3% of marriages were between people of different races or ethnicities.
More than a quarter of Asians and Hispanics, one in six African Americans, and 10% of whites marry outside their ethnicity.

More Millennials live at home than their parents (Baby Boomers) did at the same age.
Over 22% of households in the U.S. have two or more adult generations living under the same roof, a level not seen since the end of World War II.

Religious ethics concerns beliefs and practices of what is good or bad, right or wrong, virtuous or vicious, from a religious point of view.
Christian ethics, for example, may be based on the teachings of Jesus Christ about loving one's neighbor, being a good Samaritan, and loving one's enemies.

Ethics is a system of moral principles that affect how people make decisions and lead their lives.
Ethics is concerned with what is good and right for persons and society.
Religion is defined as people's beliefs and opinions concerning the existence, nature, and worship of a deity or deities, and divine involvement in the universe and human life.
The term 'religion' is sometimes used interchangeably with 'faith,' 'creed,' 'belief system,' or 'conviction.'

Many ethicists believe that religion is necessary for the continued survival of morality as an integral part of human life, especially in a globalized world.
The 'cut-flowers thesis' suggests that morality cannot survive in the long run if its ties to religion are cut.
This thesis is supported by thinkers such as Leo Tolstoy, who argued that morality is like a flower that needs roots to survive, and that without religion, morality will wither.