ROOT -GLOBALIZATION- ROSE : WORLD PRECIS

'' GLOBALIZATION IS COLLAPSING so brace yourself. ''The rise of globalization in the late 19th century, like its contemporary counterpart, had clear winners and losers.

IF migrants themselves received high wages, other workers often lost their jobs or income because of competition with newcomers.

While industrializing economies profited from inexpensive migrant labor, countries that were exporting their citizens worried about losing their best and brightest.

Less expensive imports could be a boon to consumers but hurt many local producers. Even if free trade and migration benefited all economies in the aggregate, as many economists argue it did not distribute these benefits evenly.

In the United States and Germany, local shoemakers complained they could not compete with imports from interwar Czechoslovakia made by anti-union shoe company.

In 1929 a representative of the German shoemakers' association complained about the working conditions in Zlin, Czechoslovakia, where shoes were produced, '' that are unthinkable in the civilized world.''

The world was just as intertwined 100 years ago. Can we avoid another unraveling? 

The World Students Society thanks Tara Zahra.