Saturday, November 21, 2009

Globalization's Effects?

The Globalization 101 website has what I consider to be a very good and useful definition of globalization. What I like about it, and why I use it with my students, is that it takes in "non-economic" factors - culture, technology, and politics - when examining the impact of Globalization.

Once you've examined it, I invite you to check out this article from yesterday's edition of The Wall Street Journal.

On reading it, I remembered the violent and sad past of unionization in the U.S., and was wondering whether India will face a similar pattern, or whether it can be avoided with a turnaround in the global economy? The graphics are also gripping. I welcome your thoughts.

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