Capitalism and western philosophy have taken the world by storm. The global economy is transforming and countries all around the world have to evolve and adapt to survive this new economic wave created towards the end of the twentieth into the twenty-first century. In this Darwinistic economy it is important that countries adapt to the ever changing global economy. The dawn of computers on human civilization has created an environment that is re-writing the books on free trade and the American work force. Automation and artificial labor is having a massive effect on both the economy and the number of job available in this day and age. College is becoming increasingly important for the American population as our country transitions into an
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“Globalization isn 't killing factory jobs. Trade is actually why manufacturing is up 40 percent” This was said by Daniel Griswold in his article in the Los Angeles times. This shows how America is slowly transitioning and getting used to the globalization of the world’s economy. Free trade can be a good thing because it has actually increased American manufacturing. “America 's 21st-century manufacturing sector is dominated by petroleum refining, pharmaceuticals, plastics, fabricated metals, machinery, computers and other electronics, motor vehicles and other transportation equipment, and aircraft and aerospace equipment” stated by Walter E. Williams in is free trade causing job loss. This shows how free trade is advancing American society. As a country we produce items that are valued higher in the global economy. These items show how the effect of free trade on …show more content…
This shows how robots are tranforming the work force by taking jobs from people because the computers are far more efficient than any human being.” But in the past 30 years, software and robots have thrived at replacing a particular kind of occupation: the average wage middle skilled worker” Derek Thompson what jobs will the robots take? This shows how robots are also contributing to the hour glass economy that is appearing in The United States. The robots are capable of taking large sums of jobs and Americans need to be aware that this is
“Globalization isn 't killing factory jobs. Trade is actually why manufacturing is up 40 percent” This was said by Daniel Griswold in his article in the Los Angeles times. This shows how America is slowly transitioning and getting used to the globalization of the world’s economy. Free trade can be a good thing because it has actually increased American manufacturing. “America 's 21st-century manufacturing sector is dominated by petroleum refining, pharmaceuticals, plastics, fabricated metals, machinery, computers and other electronics, motor vehicles and other transportation equipment, and aircraft and aerospace equipment” stated by Walter E. Williams in is free trade causing job loss. This shows how free trade is advancing American society. As a country we produce items that are valued higher in the global economy. These items show how the effect of free trade on …show more content…
This shows how robots are tranforming the work force by taking jobs from people because the computers are far more efficient than any human being.” But in the past 30 years, software and robots have thrived at replacing a particular kind of occupation: the average wage middle skilled worker” Derek Thompson what jobs will the robots take? This shows how robots are also contributing to the hour glass economy that is appearing in The United States. The robots are capable of taking large sums of jobs and Americans need to be aware that this is