Global Capitalism

Paper Summary:

This paper presents a detailed examination of several sociological based articles that explore the topic of capitalism as it pertains to globalization. Using the article 'Democracy and Global Capitalism' written by Gordon Laxer in 1995, the paper compares the ideas promoted by Laxer as a springboard to examine later published ideas regarding corporate social responsibility and capitalism trends around the world.

Outline:
Introduction
Laxer's Springboard
Supporting Laxer's Thoughts
Conclusion

From the Paper:

"Additionally the article moves to explore the changes that have taken place in recent decades that have worked to build power for corporations instead of allowing the power to be held by the individuals that work for them. Reminding the reader that under the Gerald Ford administration a practice began in which the corporations did allow individual workers to own pieces of the company and allow them to garner a slice of the profits gains he then takes the reader on a tour through history in which after that era corporations began to exercise the advances in technology and globalization to threatened employees with moves across seas if they demanded higher wages or pieces of the profits(Laxer, 1995). Moving entire manufacturing or other operations overseas became a reality for many companies as they escaped ecological mandates, labor laws and wage demands by doing so. This recent turn of events provided corporations with the power politically, socially and economically(Laxer, 1995)."

Sample of Sources Used:

• ________(2000) LABOR: ILO TACKLES IMPACTS OF GLOBALIZATION Inter Press Service English News Wire
• Laxer, Gordon. (1995) Democracy and Global Capitalism. Canadian Review of Sociology and Anthropology.
• Olson, Paulette (1999) The impact of globalization on U.S. labor markets: redefining the debate.(Papers from the 1999 AFEE Meeting) Journal of Economic Issues
• Lobe, Jim (1998) U.S.: TRANSNATIONALS WIN COURT VICTORY OVER GRASSROOTS ACTIVISTS Inter Press Service English News Wire
• Tabb, William, (2000) After Seattle: Understanding the Politics of Globalization.Monthly Review.

More papers on Global Capitalism:

• Book Review # 32696 : "The Silent Takeover: Global Capitalism And The Death Of Democracy"
• Research Paper # 53610 : "Marxism and Global Capitalism"
• Analytical Essay # 65454 : "Michael Jordan and the New Global Capitalism"
• Essay # 42019 : "The Crisis of Global Capitalism"

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