GLOBL 2 Lecture Notes - Lecture 14: Abet, Outsourcing
Document Summary
Outsourcing has emerged as a recent and central global phenomenon that is beneficial in some ways but harmful in many others. Kobrin, electronic cash and the end of national markets . Electronic cash will eventually be capable of destroying the nation state"s current function by overriding national markets and government issued currencies. The rise in popularity of electronic cash is clear today, and while convenient, can aid and abet criminal activity. Firebaugh, the rise in income disparities over the nineteenth and twentieth centuries . The income disparity between the rich and the poor has always existed, but in recent times has become very apparent and doesn"t seem to be getting smaller any time soon. The income gap has come into play recently in politics, social movements, and more. Although many people want to believe that globalization only brings positive things, in reality, it brings a large amount of economic inequality.
