Globalization Blowback in the Translation Industry?

Patenttranslator's Blog

“Globalization”, “Globalizierung”, “globalizace”, “mondalization” – I hear or read this word in various languages whenever I watch news or read a newspaper online.

Globalization has had a major impact on our world: it made some people much richer, mostly those who were already very rich, and some people poorer, mostly those who were not very rich to begin with. I am told that it also lifted some people out of grinding poverty, mostly people in what is still called the third world. I have no way to verify the statement in the previous sentence, but it probably is true to some extent.

Globalization not only made billionaires out of people who only had a few hundred million before it started reshaping the world in the mid 1990s. This after Bill Clinton, who felt our pain so convincingly in 1992, signed NAFTA (North American Free Trade Association) a few years later.

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About translatorpower

The Cross-cultural Connector, The Global Mindset Advocate
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One Response to Globalization Blowback in the Translation Industry?

  1. A brilliant film is circulating about this, it is called “The Divide” and there is also a book called “The Spirit Level” which you should read on the same subject. The capitalists claim that their obscene wealth is the result of capitalism’s success. In fact, the deep division between rich and poor is a spectacular example of capitalism’s failure.

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