Articles tagged with: globalisation
Americas, Asia, Industry & Manufacturing, NEWS »
Could manufacturing abuses caused by the need for ever-cheaper products be a partial catalyst for a reversion to local manufacturing? According to China Labor Watch’s latest investigation of five Wal-Mart supplier factories reveals not a single factory has implemented Wal-Mart’s basic standards, and with wages at rates as low as $0.44/hour, questions about the desperate need for change have to be asked.
ANALYSIS, Americas, Asia, Europe, INNOVATION, Innovation Economics »
ANALYSIS, USA — Wealthy white people with academic economic dogma are a plague on all our wallets, let alone houses.
The economics brains trust of our last 8 years or so of US (and British & Australian) economic policy have been a few rich white guys, right-wing academic economists from big universities like Harvard. These folks theories are to blame for severity of the coming US recession.
Why?
Most universities (like Harvard) have a fair mix of dissent; but the current US administration selected all economists (and think-tanks) with far-Right free market views.
Clinton, …
INNOVATION, Our World »
VIDEOS, Youtube – Interesting film, unsure of the source. Makes a case for global supply chains and trade, apparently shot in the 1950s, by its appearance. Worth a look even if just to disagree or not!
ANALYSIS, Americas, Asia, Europe, Innovation Economics »
ANALYSIS, Global – Very few people actually understand capitalism, or economics. Even those charged with regulating economic free trade.
But most people understand sport, say European football (or soccer in other countries). And economics at a macro, international level is similar conceptually.
So here’s an easy explanation of the main argument between economics and ‘free trade’; and the practice of regulating markets.
You may think who is ‘right’ about economics and free markets is too complex to understand, but this analogy makes it straightforward.
I know a few politicians who could do …
