The Globalization of Capitalism 11.8
Discuss the globalization of capitalism, including its effects on workers, the divisions of wealth, and the global superclass. “This new global business system will change the way everyone lives and works.” Louis Galambos, a historian of business (Zachary 1995) The globalization of capitalism is so significant that its ultimate impact on our lives may rival that of the Industrial Revolution. Let’s look, then, at how capitalism is changing the face of the globe.
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