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Europe, and elsewhere at a fraction of what American workers earn' (Lou Dobbs, pg. 35). As I was reading Exporting America I found many examples of Americans losing their jobs due to globalization. Here are some examples from Exporting America:

Carrier, maker of air-conditioning and heating units, closes its Syracuse, New York, plants and most of its 1,200 jobs go to Singapore and Malaysia.

Maytag shits its factory in Galesburg, Illinois and moves 1,600 jobs to Reynosa, Mexico.

IBM announces growth and new jobs and then outsourced 90 percent of them, 15,000 in allwhile competitor Microsoft contributes $2 billion to India's economy with jobs.

Next, since capital is moving overseas it represents lost output, trade, and employment at home. Not only are Americans losing jobs but also America is losing out on producing those products here at home. The more jobs Corporate America outsources, the fewer workers there are to pay local, state, and federal taxes, which in the end further punished our struggling public education system. 'But the outsourcing of American jobs is worsening our problems, not solving them. The law of supply and demand will always determine economic choices. As Corporate America recruits more labor from third world countries, it is encouraging our young people to make educational choices that may be ominous for our ability to produce and for our future prosperity' (Lou Dobbs, pg. 116)

Another disadvantage that I found to be interesting was 'the spread of a materialistic lifestyle and attitude that sees consumption as the path to prosperity' (Advantages and Disadvantages of Globalization, 2003). I found that to be a different outlook focusing in on the society's reaction to globalization. So does making more money and having a lucrative bank account control our life and our lifestyle? For example, we have pro players who get attacked by the media for holding out for millions and millions of dollars when corporations dump workers to make extra money.

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