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Economic globalization makes rich get richer, poor get poorer

Economic globalization is the unifying of all the economic systems and markets worldwide. The world obviously is nowhere near true globalization, but countries are making huge strides towards it. There is a premise that globalization makes rich countries richer and poor countries poorer. However, I do not agree with this. Firstly, it is true that the rich may very well get richer by globalization. It opens up new investment opportunities and new growth and if they are wise they can benefit financially. Take the recent boom in emerging markets. It is mainly the rich who have access to invest in these markets, and thus, the rich get richer. I would argue, however, that globalization has a very strong force to…