Political Science 2140A/B Chapter Notes - Chapter 7: Offshore Outsourcing, Nationstates, Outsourcing
2 Nov 2017
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Reading 6 chapter 7 global economic flows. Waste paper: waste paper from us shipped to china and recycled into corrugated boxes to ship goods around the world and back to us, once boxes arrived and unpacked, turned into scrap again and repeated. Increasing competition for commodities economic impact of flow of oil. Driving force of industrialization and mechanized warfare. Oil imports to oil-rich nations: net exporters are beginning to have to shift to importers due to increasing number of cars, homes, and businesses leading to greater demand domestically (us already has, Outsourcing transfer of activities once performed by an entity to a business in exchange for money. Joseph schumpeter creative destruction outsourcing is destructive but in long-run good, constructive for economy: can see job loss (destruction) but other jobs created in country, neoliberals argue jobs lost are created in another industry. Changing corporate structure: taylorist/fordist ideas undermined in global approach, organizations becoming flat rather than hierarchical.
