the world is getting more and more competitive have you realized that yet ?
2007-10-23 09:18:52 · 10 answers · asked by Anonymous in Politics & Government ➔ Politics
The world is opening up globally and there is nothing that can or should be done to stop that from happening. Isn't competition a good thing? I think it has affected us all with the competition. The consumer is getting more bang for the buck, and that's a good thing.
2007-10-23 09:23:54 · answer #1 · answered by Moody Red 6 · 0⤊ 2⤋
It has caused some previously safe jobs to go away. It has interjected a lot of insecurity and worry into the working class.
That being said, it has caused an enormous shift in the cost of goods that has allowed the middle class to live like rich people.
I don't think we yet know how this will shake out. It will be a great leveler while bringing some people up and dropping some down.
About the time that starts getting to be more even across the globe, we will be buying cheap goods from Mars.
2007-10-23 09:23:40 · answer #2 · answered by united9198 7 · 1⤊ 0⤋
Ten years ago I lost a great job in a low-tech industry due to globalization. That gave me time to read and think about what's going on in the world from political and economic standpoints. About 5 years ago I came to the conclusion that emerging nation economies were ready to explode because of better political environments. Democracy was replacing right-wing and collectivist dictatorships. I invested in those markets and have done quite well.
2007-10-23 09:34:50 · answer #3 · answered by Anonymous · 1⤊ 0⤋
I see it. The company I work for was an American company but a UK company took over in 1999. My dad's laments about working with Chinese and Indian immigrants. He is an electrical engineer. I haven't had a raise in at least a couple of years. I'm not alone. I do well at work and always have. My productivity is excellent. I see that China and India are booming while the U.S. is stagnant at best but I believe it's declining.
There is no evidence that the consumer is benefiting here. I think there is evidence that the corporations are benefiting with evidence of huge bonuses and salaries to high level managers. It's ludicrous. I see it where I work. They don't deserve it. Of course that's just my lowly opinion.
2007-10-23 09:24:00 · answer #4 · answered by Unsub29 7 · 2⤊ 0⤋
Most jobs for the lower class are moving overseas, except service jobs.
I don't know much about it, but it seems like after globalization of many small, national economies merging together, will lead to one large, international, economy.
Which I don't really agree with..
2007-10-23 19:55:04 · answer #5 · answered by Doesntstayinvegas.com 3 · 0⤊ 0⤋
Yes, I realized that about 40 years ago. I've seen most of the jobs in my field disappear to Mexico, China and India.
2007-10-23 09:21:24 · answer #6 · answered by Holy Cow! 7 · 2⤊ 0⤋
globalization means nothing more than cheaper , cheaper , cheaper labor . in time it will have a negative impact on all Americans . UNLESS YOUR ONE OF VERY RICH ,, .
2007-10-23 09:25:18 · answer #7 · answered by jeffwey m 4 · 1⤊ 0⤋
I can't buy good Revere-Ware anymore, it is all thin lightweight (shipping costs?) junk from overseas.
2007-10-23 09:22:07 · answer #8 · answered by oohhbother 7 · 0⤊ 0⤋
definitely yes.
2007-10-23 09:21:37 · answer #9 · answered by umer 2 · 0⤊ 0⤋
I find it harder and harder to not buy things manufactured in China.
Yes.
2007-10-23 09:21:06 · answer #10 · answered by Sean 7 · 2⤊ 0⤋