• Research Paper on:
    One World, Ready or Not by William Greider

    Number of Pages: 5

     

    Summary of the research paper:

    A review of this text by William Greider is presented in five pages. Two sources are cited in the bibliography.

    Name of Research Paper File: D0_kh1wrld.rtf

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    1997 book, One World, Ready or Not, examines the current processes of global capitalism, which are transforming the work into one borderless market, regardless of whether or not the social  structures of the various nations are prepared for such a change. An examination of this text demonstrates that there is much to recommend it; but, also, that it has distinct  flaws. First of all, it should be noted that this is not an economics textbook, but rather an outline of broad social theory. Greider views world capitalism and the  process generally referred to as "globalization" as out of control, stimulating increasing polarization between the rich and the poor, as well as being responsible for widespread environmental destruction. In the  beginning of his text, Greider compares global capitalism to a giant machine, a machine that is truly remarkable in its efficiency and productivity. However, he also points out that the  benefits from this machine go to a very small percentage of the worlds population, while it wreaks havoc with the lives of the vast majority. Greider argues that the ghost  of Karl Marx is still hovering over the world, threatening social upheaval due to the inequalities inherent in the current system. Greider divides his comments into three parts. In the  first section, he describes the efforts of various enterprises to reach the top of their markets in regards to profits, while offering their workers the lowest possible wage, which is  a process that can often devastate lives and communities. The second section focuses on finance capital, "the Robespierre of this revolution." The third section deals with the social costs of  globalization, in which Greider claims that the "dark satanic mills," condemned two centuries ago, have reappeared. In this section, Greider makes a compelling argument by citing actual instances that he 

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