I believe globalism is good in some ways and not so good in other ways. One good thing about globalism is that businesses are able to have more customers. An example of this is an American business that sells its products all over the world and not just in the United States. An increase in customers means an increase in revenue. Another good thing about globalism is that it enables people all over the world to benefit from what economies all over the world produce. An example of this is certain types of foods. Certain fruits and vegetables that are not grown in the United States can be enjoyed by Americans because of globalism and trade A third good thing about globalism is that people can learn from their exposure to products from other parts of the world. This type of learning can help people to become more open minded and familiar with other cultures.
One not so good thing about globalism is that it can take away a country's incentive to create the products it needs for itself. An example of this is China and the United States. One reason why the United States does not make so many things as it should is because it has the luxury of buying whatever it needs from China. If the United States could no longer buy anything from China or any other country, it would be forced to create more things for itself.
Another not so good thing about globalism is that economies all over the world are too connected. Being too connected is bad because something devastating and disastrous that happens to one economy affects other economies. An example of this is the foreign companies that invested in the American economy. The foreign companies suffered as a result of the economic hardships in the United States.