Globalization and Efficient Production

The ability to make things no longer mattered.

And no matter what, it didn't matter any longer where things

were made.

They were to be made in the most efficient place at the lowest possible cost.

That meant more profits for the company, lower costs for the consumers, and that

was the way the world would work. There was this fantasy, really,

that the whole

world would become a free enterprise democracies, and

that everyone would look like

us. That ran into reality. The reality

End of transcript · 85 words

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