1. Globalization and Development
Globalization has also increased competition giving people incentives to keep becoming more efficient. ... Marxists argue that globalization has given new power to people that own businesses ("capital" in Marxist terminology). When workers in Europe or the US ask for higher wages employers can easily threaten to move production somewhere cheaper, arguing that growing competition produced by free trade will drive them out of business. Immigration rules and relative poverty mean that workers can't threaten to move in the same way. ... It asks where globalization came from, who wanted it, ...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate