October 3 Question
What is globalization? What is neo-liberalism, and how has
it changed life in Canada? Dan Glenday, author of this week’s reading, Rich but Losing Ground: How Canada’s
Position in the World Economy Impacts Jobs, Social Choices, and Life Chances, main argument
was although Canada is a rich country compared to most countries in the world; it is slowly
starting to show its flaws. Over the past few decades, globalization and neoliberalism has played
the biggest role in impacting Canada’s jobs, social choices and life chances. Globalization is the
interaction between people of different nationalities achieved through the mobility of goods,
services, labour and investment; while neoliberalism is an economic point of view with a set
number of policies mainly involving the freedom of the market which is the freedom for capital,
goods, and services to move where it is most profitable.
Globalization and neoliberalism later were the cause to the mentality of There Is No
Alternative (TINA) meaning the economic, political, and social policies that were associated
with neoliberalism was the only way to create wealth and increase the standard for living.
Although, Canada i