#globalization

We have not noticed how fast the rest has risen. Most of the industrialized world--and a good part of the nonindustrialized world as well--has better cell phone service than the United States. Broadband is faster and cheaper across the industrial world, from Canada to France to Japan, and the United States now stands sixteenth in the world in broadband penetration per capita. Americans are constantly told by their politicians that the only thing we have to learn from other countries' health care systems is to be thankful for ours. Most Americans ignore the fact that a third of the country's public schools are totally dysfunctional (because their children go to the other two-thirds). The American litigation system is now routinely referred to as a huge cost to doing business, but no one dares propose any reform of it. Our mortgage deduction for housing costs a staggering $80 billion a year, and we are told it is crucial to support home ownership, except that Margaret Thatcher eliminated it in Britain, and yet that country has the same rate of home ownership as the United States. We rarely look around and notice other options and alternatives, convinced that "we're number one. ↗

— Fareed Zakaria

#economics #globalization #nationalism #technology #business

Workers were required to stay six months, and even then permission to quit was not always granted. The factory held the first two months of every worker's pay; leaving without approval meant losing that money and starting over somewhere else. That was a fact of factory life you couldn't know from the outside: Getting into a factory was easy. The hard part was getting out. ↗

— Leslie T. Chang

#china #chinese #chuqu #city #factory

Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry. ↗

— Arthur Levitt

#competition #done #forces #globalization #industry

Where globalization means, as it so often does, that the rich and powerful now have new means to further enrich and empower themselves at the cost of the poorer and weaker, we have a responsibility to protest in the name of universal freedom. ↗

— Nelson Mandela

#does #empower #enrich #freedom #further

We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization. ↗

— Peter Mandelson

#demonstrate #embrace #equip #european #globalization

Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and anti-globalization, and yet their economies are growing again. ↗

— Evo Morales

#already #america #argentina #been #countries

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods. ↗

— Robert Reich

#economic growth #free #free trade #globalization #goods

For globalization to work for America, it must work for working people. We should measure the success of our economy by the breadth of our middle class, and the scope of opportunity offered to the poorest child to climb into that middle class. ↗

— John J. Sweeney

#breadth #child #class #climb #economy

This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others. ↗

— Richard Grasso

#basic #country #dependent #each #economy

The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector. ↗

— William Greider

#commercial #dollars #global #globalization #interests