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- Product | Globalization n. the Irrational Fear That Someone in China Will Take Your Job
- Globalization: The Irrational Fear That Someone in China Will Take Your Job
By desire or necessity, virtually all of us work for a considerable portion of our lives. Work defines our social status, determines our degrees of health and happiness and underpins our sense of self. The productivity, efficiency and economic significance of the work we do, in aggregate terms, are critical to the prosperity of the societies in which we live. Moreover, fair treatment in our workplaces is an important aspect of our individual well-being and a mark of the civility and decency of our communities. Many of us expect the law to ensure fairness in our work relations; but increasingly, legal arrangements governing labour market regulation are not up to the task.
In developed economies, legal rules dealing with rights at work vary dramatically in terms of their institutional context, substantive content and breadth of applicability across varying forms of productive or remunerated personal activity. In the globalized new economy, legal regulation to support or ensure fairness through domestically legislated rights at work has become increasingly problematic. There has also developed a full blown scholarly crisis about the scope and content of labour and employment law, which has engulfed the global academy in the wake of the collapse of the post-war economic, political and social consensus over the welfare state.
Finding ways around the apparent problems is not simple or easy — conceptually, economically, socially or politically. In part, this is because the values which underpin rights at work are contested terrain. But in large measure also, because this context requires a re-conceptualization of worker rights along the full gamut of personal work relations with a commensurate effort to understand how such thinking connects to broader labour market regulation.
A myriad of legal structures regulate labour markets which are outside the confines of traditional labour and employment law as understood by most lawyers. That wider playing field is provides the background parameters for this paper. Audio MP3 on CD. In Globalization , authors Bruce Greenwald and Judd Kahn cut through the myths surrounding globalization and look more closely at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences.
Page by page, they uncover the real facts about globalization and answer the most important questions it raises, including: Will globalization increase or diminish in economic importance? Click to read or download. Chapter 3: Employment Trends for Globalization 3. See All Customer Reviews.
Shop Books. Read an excerpt of this book! Add to Wishlist. USD Buy Online, Pick up in Store is currently unavailable, but this item may be available for in-store purchase. Sign in to Purchase Instantly. Overview In Globalization , authors Bruce Greenwald and Judd Kahn cut through the myths surrounding globalization and look more closely at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences. About the Author Bruce C.
Read an Excerpt Click to read or download. Table of Contents Acknowledgments. Tradable Goods. From Goods to Services. Which Services Remain Rooted? Why So Newsworthy?
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Who Calls the Shots? An Inadvertent Experiment. The Uneven Course of Manufacturing. The Recipe for Productivity Growth. Importance of Incremental Improvements.
But would those generations prefer to live on streets full of high-rises, or in smaller towns? Today, many working parents worry that they spend too many hours at the office. As full-time work declined, rearing children could become less overwhelming.
And because job opportunities historically have spurred migration in the United States, we might see less of it; the diaspora of extended families could give way to more closely knitted clans. But if men and women lost their purpose and dignity as work went away, those families would nonetheless be troubled. The decline of the labor force would make our politics more contentious.
Product | Globalization n. the Irrational Fear That Someone in China Will Take Your Job
Deciding how to tax profits and distribute income could become the most significant economic-policy debate in American history. But to preserve the consumer economy and the social fabric, governments might have to embrace what Haruhiko Kuroda, the governor of the Bank of Japan, has called the visible hand of economic intervention.
What follows is an early sketch of how it all might work. In the near term, local governments might do well to create more and more-ambitious community centers or other public spaces where residents can meet, learn skills, bond around sports or crafts, and socialize. Two of the most common side effects of unemployment are loneliness, on the individual level, and the hollowing-out of community pride.
Globalization: The Irrational Fear That Someone in China Will Take Your Job
A national policy that directed money toward centers in distressed areas might remedy the maladies of idleness, and form the beginnings of a long-term experiment on how to reengage people in their neighborhoods in the absence of full employment. We could also make it easier for people to start their own, small-scale and even part-time businesses. New-business formation has declined in the past few decades in all 50 states.
One way to nurture fledgling ideas would be to build out a network of business incubators. Near the beginning of any broad decline in job availability, the United States might take a lesson from Germany on job-sharing. Such a policy would help workers at established firms keep their attachment to the labor force despite the declining amount of overall labor.
Spreading work in this way has its limits. Eventually, Washington would have to somehow spread wealth, too. One way of doing that would be to more heavily tax the growing share of income going to the owners of capital, and use the money to cut checks to all adults.
Many liberals currently support it, and in the s, Richard Nixon and the conservative economist Milton Friedman each proposed a version of the idea. That history notwithstanding, the politics of universal income in a world without universal work would be daunting. The most direct solution to the latter problem would be for the government to pay people to do something, rather than nothing.
It hired 40, artists and other cultural workers to produce music and theater, murals and paintings, state and regional travel guides, and surveys of state records. What might that look like? Several national projects might justify direct hiring, such as caring for a rising population of elderly people. But if the balance of work continues to shift toward the small-bore and episodic, the simplest way to help everybody stay busy might be government sponsorship of a national online marketplace of work or, alternatively, a series of local ones, sponsored by local governments.
Individuals could browse for large long-term projects, like cleaning up after a natural disaster, or small short-term ones: an hour of tutoring, an evening of entertainment, an art commission. To ensure a baseline level of attachment to the workforce, the government could pay adults a flat rate in return for some minimum level of activity on the site, but people could always earn more by taking on more gigs.
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Although a digital WPA might strike some people as a strange anachronism, it would be similar to a federalized version of Mechanical Turk, the popular Amazon sister site where individuals and companies post projects of varying complexity, while so-called Turks on the other end browse tasks and collect money for the ones they complete. Mechanical Turk was designed to list tasks that cannot be performed by a computer.
The name is an allusion to an 18th-century Austrian hoax, in which a famous automaton that seemed to play masterful chess concealed a human player who chose the moves and moved the pieces. A government marketplace might likewise specialize in those tasks that required empathy, humanity, or a personal touch.