2. Review: Economic Globalization at the Personal Level Economic globalization transforms all of us into producers and consumers…all of us into owners and sellers These processes in turn transform the way we look at and experience the world…the way we live

3. Road Map EconomicPoliticalCultural Global Organizational National Personal Evaluation Application

4. Opportunity or Exploitation? Does global capitalism lift all boats? Does global capitalism lift all boats? Or does it immiserate the poor at the expense of the rich? Or does it immiserate the poor at the expense of the rich? Both sides can be justified theoretically Both sides can be justified theoretically Both sides have many proponents Both sides have many proponents

5. Evidence: Per Capita Calorie Intake for Main World Regions (FAO)

6. Evidence: Life Expectancy

7. Evidence: Child Mortality (Boschi-Pinto, Lanata, Mendoza, and Habte)

8. Evidence: Safe Drinking Water (WHO) % safe drinking % safe drinking 1970 2000 1970 2000 Uganda 22 50 U.K. 100 100 U.S. Uruguay 81 98

9. Evidence: Safe Drinking Water (WHO)

10. Evidence: GDP growth, Suicide GDP % growth 1980-90 1990-98 Suicides/100,000 1975 2000 Uganda 104 15 Ukraine -- 591 24 30 U.K. 6 3 8 8 U.S. 4 2 13 11 Uruguay 61 40 10 10

11. Evidence: 2005 GDP/capita United States $42,000 Uruguay$16,000 Uzbekistan$2,000 Uganda$1,700

12. Evidence: Earnings Ratios U.S./Uruguay2.6 U.S./Uzbekistan21.0 U.S./Uganda24.7 U.S. men/U.S. women 1.3 U.S. blacks/U.S. whites 1.5

13. Evidence: Shares of World Income Inequality (UNDP) 19601970198019891998 20% low 2%2%2%1%1% 60% middle 28%24%22%16%10% 20% high 70%74%76%83%89%

14. Evidence: External Debt as % of GDP (sources: Ecosecretariat, CIA Factbook) 19992008 Azerbaijan24.93.71 Kazakhstan71.557.29 Kyrgyzstan93.628.11 Tajikstan89.613.04 Turkmenistan70.85.2 USA8.299.95

15. Resistance Labor activists in the core countries Labor activists in the core countries –Wages –Health and safety standards Environmentalists in the core countries Environmentalists in the core countries –Environmental standards