Robert Gilpins - The Challenge of Global Capitalism Free Essay, Term Paper and Book Report
Globalization has become the driving force to create an open market for increased international trade relations. The Internet, computer technologies, lowered shipping costs and more have allowed international trade to be much easier and more profitable for many companies. However, there are many criticisms and fears about what globalization brings. Although Robert Gilpin, in his book The Challenge of Global Capitalism, describes that capitalism can cause economic downs and tends to concentrate wealth and power, it is still the best economic system in distributing wealth most equally and improving the lives of the majority of people. Capitalism creates a majority of winners for the most part, but there are many losers as well. These "losers", according to Gilpin, have revolted against what they believe globalization represents, and so they create trade protection, closed blocs of economic trade, and criticize many aspects of globalization. There are also countries and powerful groups that think the world economic system is unfair, and they want to change the system for their own bene......
Word Count: 1801
Page Count: 7.2 (250 words a page / double spaced)
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