Economics

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Title: Economics

Essay Details:

Subject: Business

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Date: March 23, 2011

Level: University

Grade: A

Length: 4 / 1028

Essay text:

Amongst others, the doctrines of the nation state, the efficiency of representative political systems, and the industrial capital economic model of economy all seem to be running headlong into a new reality. Upon these pillars of modern Western myths are built real institutions integral to modern life, and yet the realities of the 21st century violently batter their foundations. The economic forces of corporate globalization are ripping through national economies with an amazing energy, and without a national economy, there is little need for the nation state. Cheap labor, the siren call of our modern captains of industry, has made China manufacturer for the world, resulting in a gradual corrosion of the living standards of a growing number of the industrialized West...

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