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Globalization can be partly responsible for the current global economic crisis. Case studies of Thailand and the Arab nations' view of globalization show that globalization is a threat to culture and religion, and it harms indigenous people groups while multinational corporations profit from it.
Readers of Capitolism surely know by now that I try to keep things light and impersonal here, but American Compass’ Oren Cass has encouraged me to make today’s column an exception.. The ...
As shown in the table above, retaliation from foreign governments against U.S. exports or investments would add to the economic pain, and—based on experience during Trump 1.0 and recent ...
There are four main conclusions that can be drawn from the elephant curve in relation to globalization’s effect on income inequality. [1] Beginning with the tail portion of the graph, in the past two decades the very poorest citizens of the world have experienced almost no benefits from the rise of globalization. [1]
President-elect Donald Trump vowed during his presidential campaign he would impose new tariffs on imported goods. Although the potential effects are uncertain, this would likely hurt countries in ...
Globalization and Its Discontents is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The title is a reference to Freud's Civilization and Its Discontents . The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from 1993 and chief economist at the World Bank ...
Two decades from now America could turn into a rentier-dominated society even more unequal than Belle Époque Europe. [ 38 ] One study extended the superstar hypothesis to corporations, with firms that are more dominant in their industry (in some cases due to oligopoly or monopoly) paying their workers far more than the average in the industry.
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