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Economic Globalization: Transformations and Controversies at the Personal Level

Explore the impact of economic globalization on individuals, from transforming us into producers and consumers to shaping our worldview and lifestyles. Is globalization an opportunity or exploitation? This review examines evidence such as per capita calorie intake, life expectancy, child mortality, safe drinking water, GDP growth, earnings ratios, income inequality, and resistance movements in core countries.

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Economic Globalization: Transformations and Controversies at the Personal Level

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  1. Review: Economic Globalization at the Personal Level Economic globalization transforms all of us into producers and consumers…all of us into owners and sellers These processes in turn transform the way we look at and experience the world…the way we live

  2. Road Map

  3. Opportunity or Exploitation? • Does global capitalism lift all boats? • Or does it immiserate the poor at the expense of the rich? • Both sides can be justified theoretically • Both sides have many proponents

  4. Evidence: Per Capita Calorie Intake for Main World Regions (FAO)

  5. Evidence: Life Expectancy

  6. Evidence: Child Mortality (Boschi-Pinto, Lanata, Mendoza, and Habte)

  7. Evidence: Safe Drinking Water(WHO)

  8. Evidence: Safe Drinking Water(WHO)

  9. Evidence: GDP growth, Suicide

  10. Evidence: 2005 GDP/capita

  11. Evidence: Earnings Ratios

  12. Evidence: Shares of World Income Inequality(UNDP)

  13. Evidence: External Debt as % of GDP (sources: Ecosecretariat, CIA Factbook)

  14. Resistance • Labor activists in the core countries • Wages • Health and safety standards • Environmentalists in the core countries • Environmental standards

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