Video Upload

Noam Chomsky is an authority in the field of globalization. It is interesting to discuss technology in this context. When Chomsky says that the poor complain, he makes reference to the criticism that globalization destroys local economies. He then says, "the system brings rewards to all." His statement may sound oxymoronic but in reality highlights a fundamental point: in the long run, integrating into the world economy brings fruits to all. Nye talks briefly about outsourcing and the income inequalities it produces. I favor Chomsky, in that globalization facilitates the exchange of technology and favorably shifts an agricultural-based economy to a service oriented one.