Watch the video above
Post #1
· Two comments:
· Who or what is a winner of globilzation?
· Who or what is a loser of globilization?
Post #2
· One response to another comment made by a classmate.
Each post is worth 10 points for a total of 20 points. Post using complete sentences and a minimum of five sentences per post, for a minimum of ten sentences.
Video:
Response:
Joshua Cline
Discussion Board #1
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The true winners of globalization are higher ups at large companies. These large companies, such as Amazon or Alibaba, have been able to leverage their economies of scale and drive out competition. They’ve made it so hard to enter the marketplace that they in turn continue to report large earnings year over year. The heads of those companies have reaped the benefits of those large earnings with exuberant salaries and incentives. There are other winners such as former third world countries who have been able to develop due to the influx of cash from outsourcing operations but their wins are no where near the scale of the higher ups. Access to electricity and basic necessities, in my opinion, is a basic human right and globalization has provided access to those which makes it hard to say they aren’t winners. Unfortunately, with globalization there are losers. The blue-collar workers had been beat up over the years due to outsourcing and automatization. They’ve seen their wages remain stagnant and jobs disappear. Often, blue collar workers have had to form unions in order to protect themselves from falling further down the elephant scale.
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