{"id":52583,"date":"2012-11-17T11:00:23","date_gmt":"2012-11-17T16:00:23","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=52583"},"modified":"2012-11-11T01:50:16","modified_gmt":"2012-11-11T06:50:16","slug":"globalization-and-the-national-economy","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2012\/11\/17\/globalization-and-the-national-economy\/","title":{"rendered":"Globalization and the National Economy"},"content":{"rendered":"

\"\"<\/a>In the five minute video below, U.C. Santa Barbara sociologist Richard Appelbaum discusses the global changes that are driving our uncertain economic future. \u00a0While economists have rightly focused on many proximate factors, he says, sociologists\u00a0have emphasized “changing nature of the economy in the world today.” \u00a0He offers a quick history of economic transformations throughout human history and then focuses on the ongoing changes that we call “globalization.” \u00a0This includes lightning speed communication and extremely fast movement of goods from one part of the world to another.<\/p>\n

Globalization, he goes on, has caused a migration of work out of wealthy and into poor countries. \u00a0Meanwhile, businesses that have no national boundaries are increasingly independent. Not beholden to any given country, it has become more difficult to regulate industries in ways that benefit any given state and its citizens.<\/p>\n

Appelbaum finishes with a quick discussion of what all this means for young people who are educating themselves today with the hopes of a bright future tomorrow.<\/p>\n