Globalization: The Downside

Bringing the best history on the web. — From Crash Course, the last video in their first series on World History, #42.

In which John asks whether globalization is a net positive for humanity. While the new global economy has created a lot of wealth, and lifted a lot of people out of poverty, it also has some effects that aren’t so hot. Wealth disparity, rising divorce rates, environmental damage, and new paths for the spread of disease. So does all this outweigh the economic benefits, the innovation, and the relative peace that come with interconnected economies? As usual, the answer is not simple. In this case, we’re living in the middle of the events we’re discussing, so it’s hard to know how it’s going to turn out.

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