Globallization

Essay specific features

 

Issue:

Social Issues

 

Written by:

Kim M

 

Date added:

June 30, 2011

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1384

 

Was viewed:

6044 times

 

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Essay content:

This alone is not a maligned process as prices are lower and there is improved efficiency in production. But when corporations and governments lower costs by reducing environmental protection, wages, salaries, health care and education, the result can be malevolent- "a downward leveling" of environmental, labor and social conditions (Brecher and Costello 20)...
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As the workforce seeks to become "more competitive" by reducing its wages and social and environmental overheads, income, social and material infrastructures deteriorate. Lower wages and reduced public spending mean less buying power leading to stagnation, recession and unemployment (Brecher and Costello 25)...
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