To understand where globalization is going in the future, you have to understand where its coming from.
The author grew up in Charleston, West Virginia, a city whose history reflects Americas centuries long-rise as an economic power house from the grime covered mines that helped fuel its growth.
He describes the old economy and the different occupations in each nation. United Kingdom, midlands cities like Manchester and Leeds became the industrial base. London provided the finance. Coal came from Wales. Germany became the manufacturing center and Coal came …show more content…
He mentions his grandpa Ray De Paulo,who moved from the coal camps of Colorado during the great depression he tells us the story of how his high school had close down to lack of funds,so they just handed out diplomas to everyone,including his 13 year old grandfather back then.At this time it was very easy to make a living with just a highschool diploma.
He tells the story of how his grandfather became what wed now vividly as an entrepreneur.He started this business where he went door to door selling telephones at a time were people were getting phones for the first time.Aditionally he ran a garage,a golf course ,a restaurant,a bakery,a parking lot and a house –cleaning business.
The author discusses how his grandfather understood one of the curious mysteries of globalization he said exposure creates not only opportunity but competition and it can make us question and eventually lose our standing in the world.At his grandfathers lifetime many industrial centers in America were realizing their high …show more content…
By the time the novelist was in college,the only chemicsld that provided secure jobs in west Virginia were the ones that sizzled as they hit the floor of the Charleston civic center.
The right side of globalization-talks about some forces of globalization and labor migration elsewhere. In India poverty rate dropped from 60 percent of the population to 22 percent.
While the author was growing up India, while the country was going through a deprivation.
Today it is a country increasingly defined by technology global services and a fast growing middle class.He also talks about changes in china droping over that same period from 84 percent to 13 percent,taking roughly over 600 milion Chinese out of poverty.China has become the second largest economy in the world after the united