Globalization and

its Moral
Repercussions
 Globalization
• Globalization is the spread of products, technology, information, and
jobs across national borders and cultures. In economic terms, it
describes an interdependence of nations around the globe fostered
through free trade.
• It is the process of integration among the people, companies
and governments of different nations.
• A process driven by international trade and investment and
aided by information technology.
 Globalization
• Globalized practice is not new. It was called in early years of
mercantilism. Those practices can have effect culturally, on the
physical aspects, and that is where morality comes in.
• Effects may be good or bad. Development could come to a
country, plants and factories are placed but they could have
hazards to physical health.
 Globalization
• Example, in Boracay cultural effects are now evident. Natives
were driven away resulting to displacement. Not to mention the
placing of Boracay under rehabilitation because of lack of
planning at the height of the booming of the tourist industry in
the area.
• The same thing is true to Baguio where more Koreans are
occupying the area, displacing the natives of the place.
 Globalization is a complicated issue. It is necessary to
evaluate the pros and cons before drawing any
conclusions.
PROS CONS
• Free trade • Threats of corporate powers ruling
• More influx of information the world

• Cultural intermingling • There is wider gap between the

rich and the poor.
• Socially, we have become more
open and tolerant • Leads to exploitation of labor,
including child labor
 Ethical
challenges in
Globalization
 JOBS
• “Mind workers,” such as engineers, lawyers and
doctors, generally have the ability to find jobs and
demand high prices for their work in first world
countries.
• Laborers and manual workers, however, are
experiencing a loss of positions in first world countries,
as their services can be outsourced much more cheaply
to workers in third world countries.
 BRAIN DRAIN
• The “brain drain” effect of globalization is another
ethical issue; it refers to talented or educated people in
third world countries who leave their countries of
origin for better opportunities in first world countries.
• This leaves third world countries lacking homegrown,
educated professionals such as doctors and engineers
 NATURAL RESOURCES
• According to the State of The World 2006 Report, “The world's
ecological capacity is simply insufficient to satisfy the ambitions of
China, India, Japan, Europe and the United States as well as the
aspirations of the rest of the world in a sustainable way.”
• Tropical rainforests around the world, predominantly in Brazil,
Indonesia and Papua New Guinea, are being felled for fuel and
cattle-grazing pastures. Apart from wildlife concerns, this reduction
in rainforests will have a huge effect on oxygen levels for the entire
planet.
 HEALTH
• Easier means of transportation can easily lead to the spread of highly
infectious diseases. This is, however, no modern phenomena; in the
14th century, the Black Death spread from Asia to Europe, wiping
out approximately 50% of Europe's population. When Europe first
colonized the Americas, diseases such as smallpox were responsible
for around 90% of Native Americans who died during that time.
• Modern diseases such as HIV/AIDS and swine flu, however, have
been spread through modern means of transport such as air travel.
 FINANCIAL
• Due to an increasingly globalized world, there is a growing
market and financial interdependency between nations.
• Since we share financial interests, corporations and governments
are trying to sort out ecological problems for each other.
• Transnational companies install plants in other countries
providing them employment and getting them out of poverty.
 Summary
• It is a challenge for each Filipino and as nation in order to
transform its effects into opportunities for our economic well-
being and better understanding of our identity as Filipinos.
• Let us not forget that if it intends to help Filipinos build
stronger and advanced technology to produce more, we are in
the first place a nation of more than one hundred million and
that makes us an incredibly attractive market for multinationals
and a source of cheap labor at the same time.
 Summary
• The presentation of the advantages and disadvantages of
globalization is not exhaustive but it has enough elements that
can help initiate further reflection on the topic.
• It does not mean that we should turn our back to globalization
since it is a global reality, but we should know how to deal with
it. It offers a lot of opportunities but protecting our integrity
will be to our best interest.
Millenials and
Fillinials:
Ethical
challenges
 Introduction
• Millennials (also known as Generation Y, Digital Natives,
Generation Me, Generation Rent, and Echo Boomers) are
generational cohort born roughly between 1980-2000.
• Millennials are likely the most studied and talked about generation
today.
• They are the first generation in history that have grown up totally
immersed in a world of digital technology, which has shaped their
identities and created lasting political, social and cultural attitudes.
 Introduction
• This is so because they equate the world with digital
technology. This makes the Millennials unique.
• They experience the world through technology, like older
generations experience the world through their organic
senses.
• This intimacy with the digital world is one of the
Millennials’ greatest strengths and greatest challenge
To understand better who the Filinials are, let us take a look at the
birth coverage and the corresponding name attached to it as
presented below:

• Generation Z (GenZ, Post-Millennial, Centennials) birth years

ranging from the late-1990s to mid-2000s.
• Generation Y (Millennials) Born between 1980 and 2000.
• Generation X (Gen X, MTV Generation)
• Born between 1960 through to ending birth year in the early 1980s,
they are the “Baby Boomers”
• Born in the early 1940s and ending birth year in 1959 are the
“Silents”
 Some of the negative traits and attributes
widely assigned to each cohort include:
• Traditionalists – Conformers who resist change,
are disciplined and pragmatic, work and family
lives never coincide, dress formally.
• Boomers – Self-centered with sense of
entitlement, workaholics, self-motivated, don't
appreciate feedback.
 Some of the negative traits and attributes
widely assigned to each cohort include:
• Gen Xers – Lazy, skeptical and cynical, question authority
figures, desire for a work-life balance and flexible schedule,
work dress is at low end of business casual.
• Millennials – Lack basic literacy fundamentals, very short
attention spans, not loyal to organization, demand immediate
feedback and recognition, integrate technology into the
workplace, expect to have many employers and multiple
careers, work dress is whatever feels comfortable.
 Millenials
• The way to attract millennials is to create a “state of the art experience”-
workplace that matches their technological expertise.
• It’s about finding a balance between youthful enthusiasm, collaborative
spirit, and the realities of the business world.
• Nothing makes millennials unhappier than doing tasks with traditional
methods that can be done better and more efficiently with the right
technology or more sophisticated methods
• In the Philippines, Filipino millennials or “Fillennials” is now a thing.
 Ethical challenges
• There are certainly a lot of conflicting views about the characteristics of
millennials but there are some common themes. One is collaboration.
Millennials want to work with each other using technology.
• Another is loyalty to people, not companies. Most experts agree that
Millennials have no compunctions about switching jobs if they can find
an employer to meet their needs. So when they say, “We think we can
do a much better job with this project if you buy us this neat software,”
that deserves some serious thought. They might be right. The payoff in
their enthusiasm, commitment, and efficiency may be worth it
 Ethical challenges
• Narcissism
The more excessively you view yourself as powerful,
important, and attractive. Although they do tend to have
high self-esteem and well-being by certain definitions,
narcissists are also prone to impulsivity, risky decisions,
and unstable romantic relationships. When their ego is
threatened, narcissists often respond with aggression.
 Ethical challenges
• They’re shiftless, egocentric, hypersensitive to
criticism, and unable to cope with the stresses of real
life.
• Up to 17 percent of them are depressed, and 14 percent
suffer from anxiety. Millennials seek psychotherapy
 more often than members of Generation X or other,
earlier generations.
 Ethical challenges
• Money is one of the most common focal points
for millennials’ worries. Many of them have
trouble finding jobs, are still living with their
parents, or harbor serious concerns about making
enough money to start their own lives in earnest.
• They’re having trouble saving money, too.
 Ethical challenges
• Devalue Face-to-Face Communication
Millennials' high reliance on technology has resulted in a
deterioration of other interpersonal skills. While Millennials
have good reason not to answer your phone call, there is still
tremendous value in face-to-face communication and if
leveraged appropriately can forge deeper connections.
 Ethical challenges
• There probably isn't another word more synonymous to
Millennials than the word entitled.
• Millennials who demand or expect things too fast
instead of being patient and respectful only expose their
naiveness as young professionals. Give your effort,
help, and support without expecting anything in
return. Don't demand anything, earn everything.