Globalization and its discontents

Article Abstract:

Globalization has effected a change of production venue that affected the workers of both the developed and developing nations. Highly paid workers in developed countries cannot compete with the much lower paid, but equally skilled workers in developing countries. The situation has led some economic analysts to predict scenarios such as the breakdown of the international trading system and continued downsizing. There are no immediate solutions to the problem, but response from all concerned is needed to address the situation. An international conference would be a good start.

Employment, Developing countries, Industrialized countries, International economic relations, Industrial nations, Industrial locations, Industrial location

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The Iraq crisis in historical perspective

Article Abstract:

This article provides an interview with Paul Kennedy, Yale historian. Kennedy expounds on United States foreign relations and the war against Iraq, maintaining the United States has very little need for the support of Europe and the Iraqi war is too high a price to pay, in which the United States will only become weakened.

United States, International politics, Interview, Military policy, United States foreign relations, Iraq War, 2003-

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The threat of modernization

Article Abstract:

Economic modernization is causing large-scale structural unemployment rather than global prosperity. This trend raises questions about which future industries will create jobs, how to pay the social costs of efficiency and whether to liberalize migration policies.

Social aspects, Analysis, Economic development, Industrial efficiency, Economic efficiency, Social economics, Socioeconomics

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