By Johan Norberg
Marshalling evidence and the newest examine findings, the writer systematically refutes the adversaries of globalization, markets, and development. This ebook will swap the controversy on globalization during this nation and make believers of skeptics.
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Extra info for In Defense of Global Capitalism
Sample text
All studies have shown that respect for women’s rights and their ability to exert influence in the home are closely bound up with their ability to find employment outside the home and earn an independent income. 44 Technological progress can expedite social progress. Women in Saudi Arabia are prevented from showing themselves in public unless they cover their whole bodies except the hands, eyes, and feet. They are also disqualified from driving cars and from doing other things. The practical effect of this has been to exclude them from all economic activity.
Increased productivity and purchasing power induced many farmers to invest their capital in starting up private and cooperative industrial production. Since then, more and more previously inconceivable phenomena—freer labor markets, foreign trade, direct foreign investments—have become commonplace. Information about those developments is partly contradictory, owing to the difficulty of obtaining hard facts in an immense dictatorship. But all observers agree that the economic growth and the rise in incomes observed in China are unique.
How, for example, do you maintain patriarchal family traditions when children are suddenly earning more than the head of the family? One of the traditions challenged by globalization is the long-standing subjugation of women. Through cultural contacts and the interchange of ideas, new hopes and ideals are disseminated. Indian women who can see on television that women are not necessarily housewives begin to contemplate careers in law or medicine. com. The site’s name, which means ‘‘highheeled shoes,’’ is a symbol of freedom contrasting with the tradition of bound feet.
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