Brian’s Globalization Blog

Archive for October, 2006

24 Hour News

Posted by bcooney on October 31, 2006

The media. Yes like globalization the media is everywhere, all the time. Turn on a TV anywhere in the world there is a good chance you can get access to CNN or the BBC. Even in the world of sports, ESPN has 24 hour sports news and even channels dedicated only to NFL football. The amount of information accessible in this modern era is nothing short of overwhelming, but why then does watching news often yield us little or no benefit.

My father who’s a military came home from work one evening and the family came together for dinner. Our dinner table is normally, well lets say vocally active. When my mother asked my father about work he went on about a coup in an African country, honestly I don’t remember which country. He continued on for several minutes about why the coup was taking place and the various techniques and US responses and feelings about it. After several minutes I finally asked. WHAT. He didn’t understand and obviously I didn’t either. I said “dad I was watching the news for 2 hours today,” as I often do before and after school and during and in between activities on a lazy, “no one said anything about a coup!” Well sure enough it happened. While I don’t recall anything said on the news instead of covering an African revolution, mostly because it wasn’t covered. I’m sure there were plenty of human interest stories about a man struck by lighting, a Midwestern storm, and a traffic jam, all stuffed between normal days talk of the economy, government, and events.

I turned on the news to hear a 10 minute story about Madonna adopting a baby but on an average day I will miss crucial stories about our world. The information is out there but so is the service to deliver to me. When its worth my time I seek out the answers and look, but when I don’t even know something happened or don’t have an opportunity to do anything more than listen to the headlines. I have a demand for this type of information and others do too. When will the 24 hour news channels give us more news. While I haven’t turned away I am dissatisfied.

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Research

Posted by bcooney on October 23, 2006

Type of Source?

Encyclopedia of fact based sources
Prespective?

Various perspective

I intend on using sections from the case studies and the politics and international trade for my research

Citation

Vaidya, Ashish K. Encyclopedia of trade labor and politics

 

 

I still haven’t decided upon a focued question for this paper.  There are so many aspects.  I would like to examine the driving forces of the continuation of globalization Friedman gave us the flatteners to get us to today but what’s next?)  I am also considering a compartive analysis between countries such as a third world/developing/develpoped nations, comparision based on regional geography, or a comparitive anaylsis of governement policy or MNC’s as driving forces or actors of globalization.  PLEASE HELP!!! FEEDBACK IS MUCH APPRECIATED!  WHAT IS NOT BEING ADDRESSED THAT I CAN TAKE CARE OF!?!?

Posted in FSEM100J | 3 Comments »

Labor in America

Posted by bcooney on October 12, 2006

Before class today (this has taken weeks to post) there was an intellectual struggle. Between good and evil? Perhaps not but an important topic of discussion. With “The World is Flat” down we have all read the concepts and heard about people being affecting, but we haven’t really discovered why. It’s happening yes, we can see what has happened but we all have our assumptions and theories. What is next? What questions are to be answered? Will I get that essay finished in time?

A very important factor in the globalization is the debate over the American Labor force. While world wide many countries experience a growth of jobs due to globalization some believe that the US is experiencing loss particularly in the manufacturing sector. While thousands of factory and labor jobs flee the US, miraculously unemployment in this country is at a low. Compounding the debate even more is the issue of immigration. Much of the immigration debate deals with immigrants working jobs that some believe “no American’s want.” It’s amazing just how vast the American economy alone is. Whatever can be said about anyone sector has a reaaction in another. While certain types of jobs are being outsourced and manufacturing is being offshored many factors play into the question… why?

We have found that through advances in technology it is easier today to communicate and collaborate, but how does that change the dynamic of the blue collar American worker? In all reality I think it has done very little. The rest of the world has started to catch up and specialize. Meanwhile American industry has “been hit hard.” But have we really? Is globalization really to blame or is it only a piece of the puzzle?

What is poor in America today? What is hard working in America today? The United States can often define luxury across the board, but are standards of living our rated lower than several countries (I think we are ranked 6). Everyday we hear about the poor in America, but when was the last time we defined what poor really is? Is it an income? A quality of life? I truly believe that if you ask what poor was you would get many different answers. The same goes for every class in our 3(ish) class society. Some may say a rich person makes $500,000 a year. Others may say a rich person makes $90,ooo year. That is quite a broad spectrum. What is middle class; I think that may require a dedicated blog entry itself. Most importantly though, what is poor and what is poor in America. While it is impossible to deny there is homelessness and often times hopelessness, poor in America is rich in thevast majority of the world, and often in very developed and prospering countries. Have you ever been to a house in America without electricity or a TV? Or less a hosue without access to clean or running water? While poor in America is nothing I aspire to or hope upon anyone, it is not the struggle for survival it once was or potentially could be.

As we have the luxury to complain in America how bad is it really. While jobs are shipped out and workers become unemployed, how much blame is ever placed on the American worker. It takes a brave individual (or any non politician) to simply say it often is our fault! While American’s work longer days than most of their European counterparts it is usually within a few hours a week difference. 40 hours a week is considered full. In unionized sectors higher than average pay and benifits are expected. But at what point is it deterimental to the American laborer.

My highschool built a new track over the summer. Southern Illinois is in a lot of ways unchanged by globalization. Many work labor jobs, standard weeks, and fight for benifits. Unions in this country are a brotherhood. There bond is strong but are there means always justified? When another union not in our town went on strike a sympathy strike was called. Workers “sacrificed” their hours for better circumstances for their brethren. After a long period of inaction our school was still trackless and alternative labor was found. The track was finished. The track is magnificient and rumored to be less expensive than the original labor estimated cost. The workers got paid for their unemployment by their unions (really paying themselves back in dues), but were detremental to themselves. Refusal to do more, and demands to get more is not the formula for success in any situation that I can fathom. Outpricing ourselves from the manufactoring sector or in any manual labor specifically (gardening, fast food, etc.) creates a void to be filled by someone else, whether its Mexicans in DC or Indians in Banglore. In response to my argument many would say that the American worker is under paid and needs a so called “living wage.” If we cannot possible pay our selfinduced demand, we cannot pay it. Bussinesses don’t survive living in the red because of manufactoring or labor costs. Its an evolution, survival of the fittest.

Out pricing by labor in the US is a major factor in the offshoring of manufacroting jobs. While US workers cannot compete with lowest wages in other countries with minimum wages in america, not all off shoring can be blamed on America and corporations.

In the recent senatorial debate between Allen and Webb, Webb mentioned globalization and its nasty effects on the american worker. Rather than embracing gloablization many politicians are scared of it. Fear is deterimental to our response and evolution. If we embrace globalization we can survive the nation’s job shift away from manufactoring and continue to lead the world economy.

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Headlines say it

Posted by bcooney on October 6, 2006

NEWS ALERT
from The Wall Street Journal

Oct. 6, 2006
U.S. nonfarm payrolls expanded by 51,000 in September, weaker than expected, though prior months were revised higher. The unemployment rate slipped to 4.6% from 4.7% in August. Average hourly earnings increased 4.0% from a year earlier.

The Labor Department report suggests payrolls growth continues to slow as the
economy cools from its rapid pace earlier in the year.

For more information, see:
http://online.wsj.com/article/SB116013687106084804.html?mod=djemalert

Wages and jobs up.  Wahoo.  This economy is a strong economy.  Why are people struggling to believe that.  There is an attitude and a group in this country that will be pessimistic no matter what.  Reality, believe it or not, is that a great economy will have its problems, problems are inevitable in any economy.

I think, and don’t be shocked by this, rich people are allowed to be rich.  People at the top are succeeding, is that really as terrible as it seems?  The people that employ us, the people with great ideas, the people with the courage to start ventures and risk their money; they are allowed to succeed.  While not everyone is “legit” rich (old money…) ironically these are the celebrities and often untalented or political.  How can people that champion the name Kennedy say what they do about money and influence.  If we want to have a discussion about rich and poor, we should stop hearing bad the rich our from the rich and how needy the poor are from the rich.

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Economic Growth; the Dow Hits All Time High

Posted by bcooney on October 5, 2006

I was watching “Your World With Neil Cavuto” where a round-table discussion was taking place. The topic at hand revealed several interesting points, 2 of which stood out. 1, the Dow Jones hit an all time record soaring high. 2, (and I paraphrase) “the US economy has grown 20% in 4 years. That 20% growth is equal to the entire Chinese economy.” That statistic is one of the most powerful things I have heard in my time here. While I follow geography, politics, and economics, I am still amazed by that. In FSEM100J we talk about China and India and their tremendous growth, the same Chinese boom is retaught and reinforced again in my geography class, and my political science professor wrote a book about China. China has exploded as a focus of American academia (as we heard President Frawley’s calls for Mandrin) and economics, yet despite that, the American economy, which I later heard called “weak and failing the American worker” by a US senator from N. Dakota, is growing bigger and faster. While the world maybe catching up America is the locomotive pulling it along. As far as the world being flat… it will be easier to lay track for the train on a level surface.

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Decline of Europe

Posted by bcooney on October 3, 2006

Fareed Zakaria’s “The Decline And Fall Of Europe” supports my previous article about the future of European economics. Europe is quickly falling behind in the global marketplace. It’s aging population and lack of work incentives will force Europe into decline if current trends hold. Growth occurs through innovation and Zakaria points out that science, education, and innovation are fleeing Europe. Coupled with the heavy socialized programs Europe is in a serious crunch. At its current rate those relying on government aid in retirement will outnumber those in the work force within 25 years. Despite this, many in Europe are pushing for shorter work weeks and better benefits. Europe is transforming into a time bomb.

Only growth has a chance to curb the decline in population and the underachieving growth rates. Growth will require an infusion of labor most likely from immigrants. In Europe however, great racism an biased exists against immigrants for ethnic and religious reasons. In term immigrants will eventually have to gain the rights of citizens if they are being taxed to take care of the native citizens. Only time will tell but Europe is in big trouble. Protectionism and Socialism are currently leading Europe into decline.

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