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Essay / Research Paper Abstract
5 pages in length. As multinational and global capitalism continues to develop, various global systems will become increasingly essential to its orderly progression. In order to meet these specific needs, it will become necessary to reorganize the manner by which many global standards address certain criteria with regard to structural content. The writer discusses how such global standards as currency, accounting, labor, corporate formation and the stock exchange represent integral components in the overall aspect of orderly progression; if not properly engaged, the concepts of multinational and global capitalism will not reach their full potential. Bibliography lists 4 sources.
Page Count:
5 pages (~225 words per page)
File: LM1_TLCglbal.doc
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Unformatted sample text from the term paper:
will become necessary to reorganize the manner by which many global standards address certain criteria with regard to structural content. Such global standards as currency, accounting, labor, corporate formation
and the stock exchange represent integral components in the overall aspect of orderly progression; if not properly engaged, the concepts of multinational and global capitalism will not reach their full
potential. "The worlds nations must eventually turn to political solutions of this nature: collective reform to ameliorate or slow down the destructive forces, to correct the economic imbalances of
supply and demand, to reassert control on capital and restore the social understandings, to foster a more stable promise of prosperity ... [including] ... progressive taxation, a populist monetary policy,
and subsidies and controls to promote sustainable development" (Lindsey, 1997, p. 54). I. LABOR STANDARDS As a means by which to implement new structure proposals for labor standards, one
first needs to consider how the inherently related issues of race and gender play a role in this reconfiguration. It can be argued that if global capitalism is to
flourish, it must do so with the inclusion of every individual, not just those who are deemed worthy. Issues of primary concern embody a number of gender- and race-related
problems that -- if not somehow corrected -- will only serve to undermine the very objectives of global capitalism. "Too many labor leaders are still caught up in the
mythology of the new deal programs of yesteryear rather than divorcing themselves from partisan politics that are destroying labor; rather than fighting exportation of capital and redistribution of public wealth
and power; rather than fighting workplace racism and race-based politics that divide workers; rather than developing and moving a labor agenda" (Caffee, 1995, pp. 7-10). The challenges that face labor
...