Has globalization really worked essay

Although they may not recognize themselves as antiglobalists and are pro-capitalism, some economists who don't share the neoliberal approach of international economic institutions have strongly influenced the movement. Amartya Sen 's Development as Freedom ( Nobel Prize in Economics , 1999), argues that third world development must be understood as the expansion of human capability, not simply the increase in national income per capita, and thus requires policies attuned to health and education, not simply GDP. James Tobin 's (winner of the Nobel Prize in Economics ) proposal for a tax on financial transactions (called, after him, the Tobin tax ) has become part of the agenda of the movement. Also, George Soros , Joseph E. Stiglitz (another Economic Sciences Nobel prize winner, formerly of the World Bank, author of Globalization and Its Discontents ) and David Korten have made arguments for drastically improving transparency , for debt relief , land reform , and restructuring corporate accountability systems. Korten and Stiglitz's contribution to the movement include involvement in direct actions and street protest.

To these developments must be added changes in educational technology – especially the use of the internet and other computer forms, and the growth of distance learning. At one level these can be seen as an instrument of localization. They allow people to study at home or at work. However, they usually involve highly individualized forms of learning and may not lead to any additional interaction with neighbours or with local shops, agencies and groups. They also allow people from very different parts of the world to engage in the same programme – and student contact can be across great physical distance.

Has globalization really worked essay

has globalization really worked essay

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