Book review

Globalization itself is neither good nor bad. It has great power of doing good, and for the East Asian countries that have adopted globalization on its own terms and give it your own pace, it has brought enormous benefits, despite the pullback during the 1997 crisis, but it did not bring to much of the world comparable use, and for many turned into a disaster. Experience in the United States in the XIX century. It is a good parallel to today's globalization, and this contrast helps to highlight past successes and present failures. While declining transport costs, expanded local markets, formed a new national economy, there were national companies doing business across the country. But markets were not left on their own, they did not develop at random; the state played a vital role in shaping the course of economic development. The US government has received ample opportunities for economic activity, where the courts have given expansive interpretation of the provisions of the Constitution which enabled the federal government to carry out the regulation of interstate commerce. The federal government began to regulate the financial system, to determine the minimum wage and working conditions, and eventually established a system of insurance against unemployment and social security, to solve the problems created by the market system. The federal government has contributed to the development of some industries (for example, laid in 1842 by the federal government first telegraph line between Baltimore and Washington), and encouraged others, such as agriculture, not only helping to establish universities, so that they were research, but also providing development services, training farmers in new technologies. The federal government is not limited to a central role in stimulating the American economy. Even if it did not employ active methods of income redistribution policy, it at least had the program, the benefits of which are distributed among so many: widespread education and improvement of methods to increase productivity in agriculture, distribution of land [7] enabled the minimum possible for all Americans.

Concierto Para Sordos by Matias Montes-Huidobro

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Matias Montes-Huidobro
Bilingual Review Press (AZ)
Date of release
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Concierto Para Sordos

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