3.8: Discussion

Is an Efficient Economy Necessarily a Good Economy?

What criteria besides efficiency should be used to evaluate an economic system?

Consider wages, inequality, prices, sustainability, resilience, worker protections, innovation, security, and democratic accountability.

Use at least two examples from Chapter 3.

Who Actually Has the Most Power in the Global Economy?

Choose one issue, trade, finance, platforms, labor, taxation, AI, or supply chains, and rank governments, corporations, international organizations, workers, consumers, and civil society according to their influence.

Your answer must distinguish among several forms of power.

Has Globalization Failed, or Is It Being Rewritten?

Which interpretation better fits the contemporary period?

A. The world is retreating from globalization.

or

B. Governments are renegotiating the rules of globalization.

Use evidence from at least three sections.