Nancy Birdsall, President of the Center for Global Development gives a brief overview of the issues and concerns surrounding the growing global Inequality resulting from Globalization.
Nancy Birdsall, President of the Center for Global Development gives a brief overview of the issues and concerns surrounding the growing global Inequality resulting from Globalization.
Thank you for speaking up about this contentious issue, but I disagree with your idea that it is 'markets' per se that work better. Multinational corporations and monopolies do not create better markets. They create better tools to further concentrate wealth and influence, which spells doom to both truly free markets and to democracy itself.
Not true. If wealth is spread, how can it be further concentrated into a smaller arena? In Vietnam, Nike factories have lifted people out of poverty, expanded commerce, increased children's education (an investment that will most certainly return profit from future ingenuity), and allowed local businesses to expand. Look at Europe and Asia. They have embraced globalisation and they have increased their wealth. We need to break down barriers and laws, not create more obstacles for globalisation.
we need is an educational reform that educates people on what is really going on in order to become more politically active to change the direction of this shift towards more inequality, otherwise the media will keep manipulating us and things will just happen without us even knowing about it.
Thank you Dr. Birdsall. I appreciate the work that your Center for Global Development does to help us better understand how globalization affects inequality.