Globalization at a crossroads
Description
To some, the term "globalization" means ruthless exploitation by corporations; to others, it means bringing economic development to all the peoples of the world. This program explains key principles at the core of global economics and takes a historical look at their effects, focusing on market liberalization and the failed "East Asian miracle"; privatization of basic resources in Bolivia and the severe backlash against it; Russia's rapid transition to capitalism and the oligarchism and kleptocracy that came to characterize it; and China's incremental implementation of capitalism under communism. The video also takes stock of the seismic shift in the U.S. economy and its probable effect on the rest of the world.
Runtime
26 min
Series
Subjects
Genre
Date of Publication
[2009], c2010
Database
Films on Demand
Direct Link
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