KepitelismCratikke
We negate resolved: On balance, economic globalization benefits worldwide poverty reduction.
For clarity in the round, we offer the following definition from the United Nations: “Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.”1 As such, economic globalization refers to the worldwide adoption and engagement with capitalism.2
Contention 1: Economic globalization increases the gap between the rich and poor
A recent OECD report states that income inequality is rising on a global scale. The Public Seminar in a 2014 article explains that the cause of this is capitalism on national and global levels. “Successive crises turned out to be ever more severe, spreading more widely and rapidly through an increasingly interconnected global economy. Global inflation in the 1970s was followed by rising public debt in the 1980s, and fiscal consolidation in the 1990s was accompanied by a steep increase in private sector indebtedness (Streeck 2011; 2013a). For four decades now, disequilibrium has more or less been the normal condition of OECD capitalism, both at the national and the global levels.3” Clearly, income inequality is exacerbated by a global economy. Instead of only one country being affected, impacts ripple into the rest of the world economy. Toyama Kentaro reporting for The Atlantic explains, “But the dominant reason [for increased income inequality] is that we're experiencing another labor revolution, a transition from low-skill industrial work to high-skill knowledge work. High-skilled workers with jobs that cannot be off-shored or automated are being paid more compared with low-skilled workers. Worse, the transition is stuck -- as educational costs rise, less educated families are unable to gain the education required to complete the transition. Though the report never puts
For clarity in the round, we offer the following definition from the United Nations: “Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.”1 As such, economic globalization refers to the worldwide adoption and engagement with capitalism.2
Contention 1: Economic globalization increases the gap between the rich and poor
A recent OECD report states that income inequality is rising on a global scale. The Public Seminar in a 2014 article explains that the cause of this is capitalism on national and global levels. “Successive crises turned out to be ever more severe, spreading more widely and rapidly through an increasingly interconnected global economy. Global inflation in the 1970s was followed by rising public debt in the 1980s, and fiscal consolidation in the 1990s was accompanied by a steep increase in private sector indebtedness (Streeck 2011; 2013a). For four decades now, disequilibrium has more or less been the normal condition of OECD capitalism, both at the national and the global levels.3” Clearly, income inequality is exacerbated by a global economy. Instead of only one country being affected, impacts ripple into the rest of the world economy. Toyama Kentaro reporting for The Atlantic explains, “But the dominant reason [for increased income inequality] is that we're experiencing another labor revolution, a transition from low-skill industrial work to high-skill knowledge work. High-skilled workers with jobs that cannot be off-shored or automated are being paid more compared with low-skilled workers. Worse, the transition is stuck -- as educational costs rise, less educated families are unable to gain the education required to complete the transition. Though the report never puts