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Can a Communist Party Nurture a Modern Capitalist System?

Can a Communist Party Nurture a Modern Capitalist System? | American Government | Scoop.it

"After growing by leaps and bounds for more than three decades, China’s economic growth has come to a halt, falling from around 12 percent in the second quarter of 2006 to 7.6 percent in the second quarter of 2012. Export-dependent manufacturing sector has been hard hit. The June HSBC Flash Purchasing Managers Index hit a seven-month low of 48.1, down from a final reading of 48.4 in May, the eighth consecutive month that the index has been below 50—the contraction threshold. Is this just a temporary pause, caused by a prolonged slow-down in the world economy or something more serious?"


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Graham Mulligan's comment, March 14, 2013 12:32 PM
I think the flag icon needs to be changed.
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Globalization

The world is becoming more and more interconnected. Globalization changes how people consume, work and live almost everywhere on the world. Today, many economic, political, cultural or ecological relationships are not explainable from a national perspective. At the same time, a controversial debate about the consequences of globalization has begun.

 

Questions to ponder: What are the driving forces behind globalization? What areas are most impacted by globalization?  How does globalization benefit some, and adversely impact others? Why?

 

Tags: Globalization, economic, industry, NGOs, political, scale, unit 6 industry.


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Kyle Toner's comment, September 10, 2012 12:31 PM
Globalization is an overall positive drive. In time globalization needs to mold developing countries who are in need of a better political and economical system
Sheyna Vargas's comment, September 10, 2012 1:16 PM
After watching this video, it is becoming clear that Globalization isn't just one-sided. While making it easier to connect with people all around the world and lowering costs for businesses, it is also causing harm to less developed countries. The question that pops into my head is, "Does the ends justify the means?" One could argue either point.
First, Globalization has made the world a "smaller" place. Not only is it easier to communicate with one another on different sides of the world but it’s also easier and cheaper to transport goods across nations and bodies of water. These are obviously benefits to both the developed countries and lesser developed countries in getting goods in timely fashions and producing jobs in both areas. Globalization also creates competition amongst developing nations to learn or advance in new skills to bring and/or keep jobs in their country/area.
On the other hand, Globalization is also wreaking havoc on cultural diversity around the global with Western music, food, and products becoming more available. Western culture is basically looked upon as the “money making” culture. Globalization, by creating competition is also harming local business in newly developing countries. This drives the prices down for the local businesses and makes them work for less.
Maricarmen Husson's curator insight, May 3, 2013 11:39 AM

Globalización Globalization