Two paragraphs Required for this assignment.
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Week 7: Globalization and the Future of Capitalism (CO 3)
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Given the dominance of Western technology and economic institutions in global economic and cultural life, assess the challenges of technological and economic globalization to the cultural values and social patterns of a traditional society, e.g., Japan, Saudi Arabia, or India. |
We are witnessing a new chapter in human history: globalization. The advent of the Information Age is making possible new economic and political advances that will forever change the way humans interact. Some claim that this represents the triumph of capitalism over communism while others argue that it marks the end of capitalist freedom and the beginning of economic enslavement.
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