As adapted from Globalization: Threat or Opportunity? by Paul Streeten.
Copyright © Copenhagen Business School Press, 2001. Page 30.
Winners The North (Japan, The U.S., Europe) and parts of Asia Output People with Assets Profits The highly skilled and educated Professional, managerial, and technical people People able to adjust to new situations quickly and easily Creditors Those independent of public services Large firms Men The strong Risk Takers Global Markets Sellers of technologically advanced equipment Global Culture Global Peace |
Losers Many developing countries (including most of Africa and Latin America) Employment People without Assets Wages People without skills The uneducated Workers People unable to adjust to new situations easily Debtors Those dependent on public services Small Firms women and children Human Security Local communities Sellers of primary and manufactured products Local Cultures Local troubles (here referring to Russia, Mexico and Turkey) |
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Proponents Businessmen and Economists |
Opponents Environmentalists, Working People, Consumer Rights Groups, Family Organizations, Farmers, Religious Organizations, Advocates of democracy, Zapatistas |
Note 1 - It is worth noting that those with assets can often benefit more than those with skills. An example is the case of a friend who created a new safety feature for automobiles. Because all larger corporations own the ideas of their employees he was given $1000 and a plaque for his new patent. The company kept the rest. This goes into the question of intellectual property which is running alongside that of globalization
Note 2 - I had to leave the Zapatistas in.