#globalization

Globalization is a fact of economic life. ↗

— Carlos Salinas de Gortari

#economic life #fact #globalization #life

The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries. ↗

— Richard Grasso

#capital #change #countries #create #economic

It's trite to say that the world has gotten smaller in the age of globalization, but my travels have told me that it's wrong to think this means there is some kind of uniform world culture. ↗

— Norman Spinrad

#culture #globalization #gotten #kind #me

The standardization of world culture, with local popular or traditional forms driven out or dumbed down to make way for American television, American music, food, clothes and films, has been seen by many as the very heart of globalization. ↗

— Fredric Jameson

#american music #american television #been #clothes #culture

But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization. ↗

— David Korten

#been #companies #downsizing #globalization #in the past

In the US, most progressives start to see the differences between internationalism and economic globalization. ↗

— David Korten

#differences #economic #globalization #internationalism #most

There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations. ↗

— David Korten

#awareness #corporations #global #globalization #huge

We have not noticed how fast the rest has risen. Most of the industrialized world--and a good part of the nonindustrialized world as well--has better cell phone service than the United States. Broadband is faster and cheaper across the industrial world, from Canada to France to Japan, and the United States now stands sixteenth in the world in broadband penetration per capita. Americans are constantly told by their politicians that the only thing we have to learn from other countries' health care systems is to be thankful for ours. Most Americans ignore the fact that a third of the country's public schools are totally dysfunctional (because their children go to the other two-thirds). The American litigation system is now routinely referred to as a huge cost to doing business, but no one dares propose any reform of it. Our mortgage deduction for housing costs a staggering $80 billion a year, and we are told it is crucial to support home ownership, except that Margaret Thatcher eliminated it in Britain, and yet that country has the same rate of home ownership as the United States. We rarely look around and notice other options and alternatives, convinced that "we're number one. ↗

— Fareed Zakaria

#economics #globalization #nationalism #technology #business

Workers were required to stay six months, and even then permission to quit was not always granted. The factory held the first two months of every worker's pay; leaving without approval meant losing that money and starting over somewhere else. That was a fact of factory life you couldn't know from the outside: Getting into a factory was easy. The hard part was getting out. ↗

— Leslie T. Chang

#china #chinese #chuqu #city #factory

Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry. ↗

— Arthur Levitt

#competition #done #forces #globalization #industry