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Essay / Research Paper Abstract
A 5 page book review on William Greider's One World, Ready or Not. The writer explores the positive aspects of this text, which denounces globalization, and then draws on criticism of the book, to discuss possible faults in the author's argument. Bibliography lists 2 sources.
Page Count:
5 pages (~225 words per page)
File: D0_kh1wrld.rtf
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Unformatted sample text from the term paper:
1997 book, One World, Ready or Not, examines the current processes of global capitalism, which are transforming the work into one borderless market, regardless of whether or not the social
structures of the various nations are prepared for such a change. An examination of this text demonstrates that there is much to recommend it; but, also, that it has distinct
flaws. First of all, it should be noted that this is not an economics textbook, but rather an outline of broad social theory. Greider views world capitalism and the
process generally referred to as "globalization" as out of control, stimulating increasing polarization between the rich and the poor, as well as being responsible for widespread environmental destruction. In the
beginning of his text, Greider compares global capitalism to a giant machine, a machine that is truly remarkable in its efficiency and productivity. However, he also points out that the
benefits from this machine go to a very small percentage of the worlds population, while it wreaks havoc with the lives of the vast majority. Greider argues that the ghost
of Karl Marx is still hovering over the world, threatening social upheaval due to the inequalities inherent in the current system. Greider divides his comments into three parts. In the
first section, he describes the efforts of various enterprises to reach the top of their markets in regards to profits, while offering their workers the lowest possible wage, which is
a process that can often devastate lives and communities. The second section focuses on finance capital, "the Robespierre of this revolution." The third section deals with the social costs of
globalization, in which Greider claims that the "dark satanic mills," condemned two centuries ago, have reappeared. In this section, Greider makes a compelling argument by citing actual instances that he
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