SOCIOL 1A06 Lecture Notes - Lecture 17: Subprime Mortgage Crisis, World Trade Organization, Barry W. Lynn
4 Apr 2016
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Globalization is good because it spreads what is good in america, such as liberal approach to business, and mcdonalds. Globalization is bad because it spreads what is worst about america, such as liberal approach to business, and mcdonalds (lynn, 2002, 34) The world is getting smaller due to world being so connected. Un building- political interconnectedness of the world"s population. Atm- consumer banking & international money markets, vast amounts of money to be exchanged. Capitalism (overcapacity, taxes, global commodity chains, cultural imperialism) Simple problem that companies are making more products than consumers with money to be able to afford the products. The(cid:455) do(cid:374)"t e(cid:374)ough ta(cid:454)es, the(cid:455) (cid:272)a(cid:374) a(cid:448)oid pa(cid:455)i(cid:374)g ta(cid:454)es. By putting it in a taxes shield in bermuda, cayman island. Idea that products that involve one piece can be manufactured all over the world. Spread of american culture-- kind of an imperialism. They are exporting there ideas through the film.
