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A Reaction on the Article of Paul Krugman: In Praise of Cheap Labor Free Essay, Term Paper and Book Report

Paul Krugman, the author of the article, “In Praise of Cheap Labor,” is clearly being biased on the side of Globalization and Capitalism. My first impression on him, judging his article, is that he is a die-hard pro-globalist and pro-capitalist for his arguments is clearly absurd. Perhaps I would not consider the term, “argument,” rather they are justifications on the part of those who benefit from globalization and capitalism. On the other hand, he is a very anti-socialist and anti-humanitarian kind of person. I strongly disagree with his article and especially on his argument on the part of wages and working conditions. But before I will further my reactions and argument as I will discuss briefly about Globalization and Capitalism. Globalization refers to the worldwide phenomenon of technological, economic, political and cultural exchanges, brought about by modern communication, transportation and legal infrastructure as well as the political choice to consciously open cross-border links in international trade and finance. It is a term used to describe how human beings ar......

Word Count: 1858
Page Count: 7.4  (250 words a page / double spaced)


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