... power, andthe relative stature and influence of countries, are their economic size and growth, on the one hand, and their military capabilities, on the other While these are certainly not the only ... organized the chapters into three parts to provide a semblance of cohesion: I TheGlobal Economy, which includes chapters dealing with globalization, financial crises, WTO, andthe euro; II The U.S Economy ... China and Taiwan tothe World Trade Organization (WTO), andthe economic and other consequences of this change in status, will continue to be of regional as well as global significance So, too,...
... power, andthe relative stature and influence of countries, are their economic size and growth, on the one hand, and their military capabilities, on the other While these are certainly not the only ... organized the chapters into three parts to provide a semblance of cohesion: I TheGlobal Economy, which includes chapters dealing with globalization, financial crises, WTO, andthe euro; II The U.S Economy ... China and Taiwan tothe World Trade Organization (WTO), andthe economic and other consequences of this change in status, will continue to be of regional as well as global significance So, too,...
... before and after 1995 Prior tothe fall of the Berlin Wall andthe collapse of the Soviet Union, the 14 economies of Eastern Europe andthe former Soviet Union were larger in size than the Non-G7, ... attributed tothe accumulation and deployment of capital and another a quarter to a third tothe more effective use of labor Our second objective is to explore the determinants of the growth ... Eastern Europe andthe former Soviet Union, North Africa andthe Middle East, and Sub-Saharan Africa The fourteen major economies include the G7 economies listed above andthe developing and transition...
... of Tables The Resurgent City xii xiii Inside the City 19 Production and Work in the American Metropolis 41 The Cognitive-Cultural Economyandthe Creative City 64 Culture, Economy, andthe City ... Amin and Thrift (2002) suggest, that they therefore cease to function as sites of local interdependency and economic power On the contrary, the more the urban economy is able to reach out to distant ... of these phenomena in the geographic logic of the city and an insistence on the intrinsically collective nature of the dynamics of intra-urban space In order to set the scene further andto fix...
... revolutionized the way we live, and thus, in the eyes of many, epitomize the transition tothe knowledge society andtheglobal knowledge economy. 10 At the beginning of the nineteenth century, theglobal ... TheGlobal Knowledge Economyand Higher Education 1.1 Introduction 1.2 Globalization andthe Knowledge Economy 1.2.1 The Industrial Society 1.2.2 Transformation tothe Knowledge Society andthe ... countries to reap the benefits of theglobal knowledge economy This has led tothe emergence of new types of students in addition to those in the relevant age cohort To meet the demand for lifelong...
... as thousands of lights steam toward a large automaker’s panels, softly make contact and then bounce back toward the center of the tunnel As the lights touch the panel, we notice that they dim ... While these businesses obviously don’t cater directly totheglobal mass market, they are nonetheless integrated into the activity that occurs in the tunnel, and they are heavily impacted by the ... place The autoworkers in turn make purchases from other business, small and large, andthe light continues to parade through the tunnel We also know that behind the walls of the tunnel there...
... time, as they were able to lower their prices As a result, their profits, and therefore the wealth of their top employees and shareholders increased These were the brighter lights in the tunnel ... shipped to Europe andtothe Northern states where it was manufactured into textiles and clothing It was this constant wealth flowing in from the outside that was able to maintain theeconomy ... issue, there were also significant differences and debate about issues relating tothe differing economic systems of the North andthe South The Northern economy was built on free labor and entrepreneurship...
... customer who, failing to insert the cylinder properly, watched it fall tothe ground and then roll under his car He then found that when he attempted to get out and retrieve it, he was unable to ... side of the glasses is open andthe other closed And, of course, the glasses could be rotated in any direction And perhaps they are touching or somehow entangled with other objects Building and programming ... able to recognize the sunglasses in any possible configuration and then Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 66 pick them up, fold them and put them...
... time they could evolve into technology capable of driving the car autonomously—just as jet airliners nowroutinely fly and land without assistance While thetechnology for automated cars and trucks ... codes as they shop and, in the near future, will be able to pay for their purchases directly through their phones—presumably avoiding the checkout isle altogether The specter of near fully automated ... short of what the auto mechanic faces The layout of a supermarket is standardized and could easily be programmed into a computer The aisles are wide andthe floors are smooth; ideal territory for...
... to come to cities or industrial regions to work These workers typically live in factory dormitories and not have the right to bring their families tothe cities or to genuinely assimilate into ... turned to home equity loans and credit cards in order to maintain their standard of living The collapse of these credit lines in 2008, together with rapidly rising unemployment, forced consumers to ... China; to workers in the U.S it looks exactly the same as simply building a fully automated factory In other words, service offshoring and factory relocations accelerate the job loss as well as the...
... might take the distribution of incomes in the United States and then eliminate both the richest andthe poorest people Then graph the average income of the remaining “typical” people (the bulk ... become too capital intensive (the machines they employ will begin to run themselves) Once this happens, they will collectively begin to pump more purchasing power from the river than they return to ... objective should be to stabilize the system and ensure that the job losses due to automation are as gradual as possible The most important short-term goal is to avoid the severe downturn and potentially...
... to recapture just the optimal amount of income and then get it into the hands of consumers so that there will be sufficient consumer demand to continue driving theeconomy Once the income has been ... transitional economyandto begin to realize the vision that Keynes wrote of in 1930: (1) We will need the government to enforce a worksharing scheme (2) We need to decouple health care and other social ... phenomenon and that theeconomy would eventually absorb the excess workers The main thrust of his essay was to attempt to look much furToday, when economists discuss the causes of the Great Depression,...
... than the automation technology that is likely to threaten routine jobs So it won’t arrive in time to solve the problem in any case The Heads in the Sand Objection If other arguments against the ... technology advances tothe point where a type of job can be automated, the machines to this can easily be replicated Machines not need to be educated or trained, and so they are not subject to ... does not want The obvious answer to that is that, in the future, automation technology will be more flexible and easy to adapt to different products I think the manufacturers of automation equipment...
... been shown unequivocally to be non-starters They deserve to be swept into the dustbin of history The answer tothe problem is clearly to adapt our system The free market economy is not a natural ... to understand and then simulate the human brain The Blue Brain Project,57 a collaboration between Switzerland’s EPFL (one of Europe’s top technical universities) and IBM, is one such effort to ... Outsmarting Marx The central thesis of this book is that, as technology accelerates, machine automation may ultimately penetrate theeconomytothe extent that wages no longer provide the bulk of...
... customer who, failing to insert the cylinder properly, watched it fall tothe ground and then roll under his car He then found that when he attempted to get out and retrieve it, he was unable to ... side of the glasses is open andthe other closed And, of course, the glasses could be rotated in any direction And perhaps they are touching or somehow entangled with other objects Building and programming ... able to recognize the sunglasses in any possible configuration and then Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 66 pick them up, fold them and put them...
... time they could evolve into technology capable of driving the car autonomously—just as jet airliners nowroutinely fly and land without assistance While thetechnology for automated cars and trucks ... codes as they shop and, in the near future, will be able to pay for their purchases directly through their phones—presumably avoiding the checkout isle altogether The specter of near fully automated ... short of what the auto mechanic faces The layout of a supermarket is standardized and could easily be programmed into a computer The aisles are wide andthe floors are smooth; ideal territory for...
... to come to cities or industrial regions to work These workers typically live in factory dormitories and not have the right to bring their families tothe cities or to genuinely assimilate into ... turned to home equity loans and credit cards in order to maintain their standard of living The collapse of these credit lines in 2008, together with rapidly rising unemployment, forced consumers to ... China; to workers in the U.S it looks exactly the same as simply building a fully automated factory In other words, service offshoring and factory relocations accelerate the job loss as well as the...
... of the income accrues tothe owners and managers of the business, and (2) some of the income is redirected tothe consumers of the business’s products or services in the form of lower prices Therefore, ... income into the hands of consumers, and as we have seen, that is absolutely essential in order to create sustained demand for mass market products and services and therefore drive theeconomy ... new products and services and creates entirely new and very lucrative markets Consider the case of a fully automated factory As technology progresses, the factory will continue to become even...