The natures of markets prior to the industrial revolution and the emergence of the capitalist economy where markets in which market prices were determined more by adherence to social, religious and political normative forces than forces of competition in trade (Polanyi; 1994). ... Rifkin outlines this problem of improvements in technology at an exceeding rapid rate creates conditions where machines can do work that was once done by humans. ... This has led to increasing workforce insecurity as technology continues to threaten the stability of existing jobs that can seemingly more easily be r...

• Word Count: 1246
• Approx Pages: 5
• Has Bibliography
• Grade Level: Graduate

During the 1990s, literature on the international political economy was dominated by the idea of globalization. ... Whether or not such developments are good or bad is a topic of ongoing political debate. ... Similarly, the nineteenth century proved to be an era of increased international commerce, triggered by the industrial revolution but, in the 1930s, this economic expansion was reversed as political turmoil created the Great Depression. ... In being able to choose how much liberalization to allow, governments are responding to a variety of factors and politics. ... From a political perspe...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate