Global Capitalism Essays


Globalization Is Not Americanization

borrows from all cultures and societies throughout the globe. References Antonino, R.J. & Bonanno, A. (2000). A new global capitalism? American Studies 41(2/3): 33-77. Bigot, C. (2013). Globalisation or Americanisation? Foreign Affairs Review. Retrieved online: http://foreignaffairsreview.co.uk/2013/03/globalization-americanization/ Collins, M. (2015). The pros and cons of globalization. Forbes. May 6, 2015. Retrieved online: https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/#7fa23d5eccce Dyreson, M. (2013). The republic of consumption at the Olympic games. Journal of Global History 8(2): 256-278. First, A. & Avraham, E. (2007). When the “holy land” turns into real estate. Popular Communication 5(4): 223-239. Houlihan, B. (1994). Homogenization, Americanization, and Creolization of sport. Sociology of Sport Journal 1994(11):… Continue Reading...

Globalization and Neoliberalism Pros and Cons

of view. Economists, sociologists, and scholars frequently debate whether neoliberalism and global capitalism are causing or exacerbating global inequalities, or whether the ideologies and practices of the free market may be used to promote global equality instead. Martin Hart-Landsberg (2006) and Norberg (2004) weigh in on the debate. In “Neoliberalism: Myths and Reality,” Hart-Landsberg (2006) claims that globalization and the neoliberal policies that support unbridled capitalism worldwide are harmful to the working classes—the majority of people worldwide. Essentially, Hart-Landsberg (2006) claims neoliberalism and globalization increase global inequalities. Norberg (2004), on the other hand, claims that globalization is leading to… Continue Reading...

American Dream and Wealth Gap

Economics and global capitalism The American Dream has always been tied to homeownership, yet homeownership has always been a prospect made possible through long-term loans made to credit-worthy applicants. For Main Street, this was mainly the case at least since the Baby Boomers came to age. For subsequent generations, predatory lending came about as the monetization of debt became another way for Wall Street to make money off Main Street. The American Dream prior to this was connected to the concept of upward mobility, but this too has… Continue Reading...

The Global Economic Crisis

Economics and global capitalism The problem with the kind of thinking that postulates that human nature is based on self-interest is that underlying this supposition is the assumption that human nature is completely rational and logical and would never do anything to harm itself. This is not the case and economic booms and busts indicate as much. Self-interest is not always aimed towards a positive end. Sometimes, for instance, short-term self-interest is detrimental to long-term self-interest and vice versa. Sometimes people are motivated not by self-interest (at least in… Continue Reading...

Trump Tax Cut Effects

lone or primary cause (Stewart). The article relates to economics and global capitalism in a lot of ways. Indeed, the national economy of the United States is very complex. It is not something that can be measured or assessed easily. When one considers how the national economy interacts with state and local economies, things get even murkier. When one tries to gauge the motives and reactions of the spenders of the country, there is even more complexity. This does not even take into account that there are national-level economies around the world and they often tend to react to and… Continue Reading...

23 Things They Don’t Tell You About Capitalism

Introduction to Economics and global capitalism The book 23 Things They Don’t Tell You About Capitalism is a very captivating and thought provoking read that purposes to provide the reader with some fundamental truths regarding capitalism that may not be easily perceptible or known. This is information regarding capitalism that most people would overlook and hardly take them into consideration in an extensive manner. However, there are a number of things from the list that I was unaware of and gained insight from the information contained in the book. One of… Continue Reading...

Corporations and Global Capitalism

Corporations and global capitalism As an institution, I feel that corporations are playing a negative role in American society. While they provide a lot of great tools for people, from mobile smart phones to services like online shopping, the reality is that behind the scenes of these corporations, things are not so great. The amount of pressure that workers experience when working at Amazon can be immense, and the work does not appear to be particularly rewarding or allow one to really develop any skills. A worker at Amazon… Continue Reading...

Minimum Wage and Aggregate Demand

Introduction to Economics and global capitalism The idea that minimum wage, even though it has risen, has not kept pace with real wages, according to the U.S. Senate Committee on Health, Education, Labor and Pensions (2013). The issue of course is one of inflation. So if Sen. Harkin wants to grow the middle class, which he calls the backbone of the economy, he should simply get on the Fed to stop printing trillions and increasing the money supply so that everyone’s dollars are devalued. No one’s… Continue Reading...