Chapter 12 THE LAST ONE!!!. What drives global capitalism?

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Transcript of Chapter 12 THE LAST ONE!!!. What drives global capitalism?

Chapter 12THE LAST

ONE!!!

What drives global

capitalism?

Market-dominant minorities with their disproportionate

capital, skills, business networks and control over

the modern economy

Who is Malaysia’s prime minister

and what does he frequently attack?

Mahathir mohamad

moral degeneration and

asian values

What even triggered $40 billion of capital

flight and helped economically

destabilize all of Southeast asia?

1998 anti-Chinese riots in

Indonesia

What is the fundamental

point in “leveling the playing

field”?

Bring impoverished majorities up to the

level where they can compete with

the market dominant minorities

What is the “nep”

Malaysia’s new economic

policy

Who is the president of Zimbabwe?

Robert Mugabe

Since when has china been rapidly

maketizing without

democratizing?

1980

Does china have a market

dominant minority?

no

In what year did life

magazine expose nike child labor?

1996 with pictures of

Pakistani kids with soccer

balls

In 2001 how much money was added to poor countries

aid from the United states?

$50 million “as an insurance policy against future

terrorism