Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Slagle who wrote (66423)	7/19/2005 2:59:40 PM
From: KyrosL	Read Replies (1) of 74559

As I said I disagree with your basic premise that globalization is an evil plot. Globalization increases the overall economic pie, that's why economists love it. But it also results in a much more unequal distribution of the pie. The result is that it creates losers as well as winners. The big losers are the working classes (blue collar, and, increasingly, white collar) of the advanced countries. The huge winners are the top ranks of multinational companies (basically CEOs and their executive teams) and the governing and business elites of developing countries. Smaller winners are the working classes of developing countries, and investors.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next