Category: Globalization
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Are We Talking About Inequality or Poverty?
Clive Crook wrote an interesting piece: All This Inequality Talk Does Nothing for the Poor – Bloomberg … Inequality is rising, and that's a bad thing. What's worse is that the issue is getting mixed up with what should be a more pressing debate over economic opportunity, which would be better kept separate. This is…
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Communism vs. Democracy and Markets. Are these the only viable options?
The past century has been a competition between two metanarratives: communism vs. democracy and markets. Is it possible that there are other viable ways of organizing human societies? Eric Li offers a fascinating window into Chinese culture and suggests that there may indeed be viable alternatives. The Chinese model may not be feasible in other…
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How homogenizing is globalization?
Forbes: What A Wonderful World! Get Raped In Dubai And You'll Serve 16 Months In Prison Eamonn Fingleton Globalization continues to integrate the world into a more deeply interconnected economic system, but at the same time, it provides platforms for previously silenced and marginalized voices to be heard. It allows us to become better acquainted…
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Globalization Is The Unsung Champion of the Protests Around The World
Atlantic Cities: Globalization Is The Unsung Champion of the Protests Around The World Through the late 80s and 90s, protests everywhere from Berlin to Seattle revealed a common target of public unrest: globalization. Jobs and industries in rich countries were moving to emerging markets, and the free flow of capital led to concerns about financial…
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Forget ‘Buy American’? U.S. Retailers Push an ‘Imports Work’ Campaign
Time: Forget 'Buy American'? U.S. Retailers Push an 'Imports Work' Campaign … You may not have noticed, but last week was promoted as something called "Imports Work Week." The celebrate the importance of imports in the U.S., a group of business associations led by the National Retail Federation (NRF) has released a study showing the…
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How to Fix America’s Wealth Inequality: Teach Americans to Be Cheap
The Atlantic: How to Fix America's Wealth Inequality: Teach Americans to Be Cheap … The math of wealth is actually pretty simple: It all boils down to four things: 1. How much you start with, 2. How much income you make, 3. How much of your income you save, and 4. How good of a…
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Saturday Links
1. The new global top dog in international trade is China. China Eclipses U.S. as Biggest Trading Nation "U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China's customs administration reported last month that the country's trade in goods in 2012 amounted to $3.87 trillion." 2.…