Countries today are classified based on the division of labor due to globalization. Major industrial countries are responsible for high-value-added production, while peripheral companies in developing countries carry out labor-intensive but low-value-added production. Malcolm Waters argued that the global division of labor widens the gap between rich and poor countries. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay There is much debate about whether globalization promotes economic growth for all or increases the gap between rich and poor. Those who fall into the latter hypothesis believe that this is due to neoliberalism, which is a set of ideas that support the superiority of the market over the state. Critics of neoliberalism differentiate globalization as “a universal process of reducing the globe into a small village” and globalism as “an ideological version of neoliberal globalization.” Critics of globalism, on the other hand, point to the social inequalities that occur on both national and global scales. There are also those who believe that inequality due to globalization is a good thing, like the economist Friedrich von Hayek, or those who believe that globalization does not bring any type of prosperity, like Joseph Stiglitz. It is clear, however, that due to inequality, the rich have become inseparable from total global wealth. In the Philippines, for example, the 50 richest Filipinos have a combined net worth equivalent to about a quarter of the country's gross domestic product. Growth is an increase in quantity while development is an increase in quality. They do not include each other, since development does not necessarily occur if growth occurs. There are different advocates and beliefs about growth; one is the productivist paradigm, which supports continuous and endless growth, refusing that there are limits to resources. Ecological economics, on the other hand, recognizes that resources are limited and for this reason the redistribution of wealth is an ethical obligation. Consumerism and growing demand, especially in developed countries, are believed to be responsible for global environmental degradation. Consumerism is also felt in third world countries in the form of used products from developed countries, such as second-hand clothes, purchased by people in developing countries. Please note: this is just an example. Get a customized document from our expert writers now. Get a Custom Essay Man-made problems caused by globalization are defined by Anthony Giddens as artificial risks. People are aware of these problems, Giddens explains, but that doesn't necessarily mean people will actively come together to solve them. Global warming caused by technological progress is an example of artificial risk. People are aware of the phenomenon, but since the effects of global warming are not immediately visible, not many will do anything to reduce the problem or solve it.