To examine globalization, the focus is on the multinational corporation Walmart. After watching the videos and reading the resources, leverage scholarly resources and statistics in a 750- to 1000-word essay to do the following:
- Analyze the effect of globalization on job quality and unemployment patterns.
- Contrast different viewpoints on globalization (i.e. neoliberal, world systems) and their arguments for and against the role of NGOs.
- Explain the effect of globalization on the US labor market and global labor policies.
Great to see you again I have added all the required resources:
Beautiful Mind. (2005, October 11). Wal-Mart: The high cost of low price [Video file]. New York, NY: Retail Project L.L.C. Retrieved fromWalmart The High Cost Of Low Price (Links to an external site.)
Fadi-BNZE-HD. (2014, March 14). Full documentary no logo brands, globalization and resistance [Video file]. Retrieved from No Logo Brands, Globalization and Resistance (Links to an external site.)
*Study guide, http://www.mediaed.org/assets/
Ford School. (2011, March 11). @fordschool – Paul Krugman: Reflections on Globalization: Yesteryear and today[Video file]. Retrieved from.@fordschool – Paul Krugman: Reflections on Globalization: Yesteryear and Today (Links to an external site.)
PBS Newshour. (2014, August 20). ‘Factory Man’ explores human side of how globalization affects U.S. industry [Video file]. Retrieved from http://www.pbs.org/newshour/
Walmart. (n.d.). Community giving. http://foundation.walmart.com/
Recommended References
International Monetary Fund. (n.d.). Key issues: Globalization. Retrieved from http://www.imf.org/external/
World Affairs Council: Nor Cal. (2006, October 6). Making globalization work Joseph Stiglitz [Video file]. Retrieved from http://library.fora.tv/2006/
Online Writing Lab (n.d.). Annotated bibliography samples. Retrieved from https://owl.english.purdue.
Walmart The High Cost Of Low Price
No Logo Brands, Globalization and Resistance
.@fordschool – Paul Krugman: Reflections on Globalization: Yesteryear and Today
Answer preview
massive disparity between wages, it is evident how far we are from attaining a global labor market. Nevertheless, through the spread of technology, globalization has immensely aided in the integration of labor markets and minimized the wage gap between workers in already developed and developing economies. There are both positive and negative effects of globalization on the labor market (Lialina 2019). Positive effects arise from developing countries’ capacity to create new jobs and production opportunities mainly from alleviating price distortions concerning labor and capital. Adverse effects, on the other side, arise from the large-scale technological developments that follow the phenomenon, thus reducing the demand for unskilled labor. Instead of erecting protectionist policies to stanch globalization forces, it would be best to shift the focus towards establishing possible ways of helping workers adjust to the rapidly changing world.
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