Globalization has both benefits and problems according to the document. It benefits developed countries, foreign investors, and the richest people through opportunities for trade, investment, and business. However, it also causes problems like environmental degradation, terrorism, disease spread, cultural deterioration, climate change, unemployment, and overexploitation of natural resources. While globalization allows more participation in the global economy, its impacts are uneven and it remains a complex topic with reasonable debates on both sides of the issues.