In summary, globalization is essential for global economies to continually grow. Protectionism is allegorical to a person going on strike and not working; it is imperative for nations to not pursue this strategy and instead realize that each of them competes on a global playing field every day. While the critics of globalization voice their fears, they need to realize that the many aspects of competing globally have been in existence within economic systems for centuries, and that the gauntlet of efficiency and ability to respond quickly and accurately to customer's needs, no matter where they are, is the gauntlet any company must pick up if they hope to survive in the 21st century.

References

Friedman, (1999) - the Lexus and the Olive Tree. Anchor Press. May 2, 1999. New York, NY

Friedman, T. (2005) - the World Is Flat. Farrar, Straus, and Giroux. New York, NY. Published 2005

Geert Hofstede (1983). The cultural relativity of organizational practices and theories....

Retrieved November 7, 2007, from ABI/INFORM Global database. (Document ID: 83259133).
Hall, Peter V (2005). Globalizing L.A.: Trade, Infrastructure, and Regional Development. Economic Geography, 81(3), 329-330. Retrieved November 7, 2007, from ABI/INFORM Global database. (Document ID: 884511621).

Konvitz, Josef W (1994). Global cities and economic growth. Organisation for Economic Cooperation and Development. The OECD Observer,(190), 31. Retrieved November 7, 2007, from ABI/INFORM Global database. (Document ID: 915185).

Takahashi, Lois M (2000). Los Angeles: Globalization, Urbanization and Social Struggles. American Planning Association. Journal of the American Planning Association, 66(3), 325. Retrieved November 7, 2007, from ABI/INFORM Global database. (Document ID: 56286143).

Whitelegg, Drew (2000). Los Angeles: Globalization, Urbanization and Social Struggle / Ecology of Fear: Los Angeles and the…