Shaken and Stirred. Stephen S. Cohen and J. Bradford DeLong.
by Cohen, Stephen S; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 4Business. Publisher: Atlantic Monthly, 2005ISSN: 1522-3191;.Subject(s): Competition -- International | Economic forecasting | International trade | Labor market | Offshore assembly industry | United States -- Economic conditionsDDC classification: 050 Summary: There are signs that divisions in American society may widen in the future, as deep economic and technological forces are undermining the political, cultural, and economic unity that has characterized the postwar era. As the authors argue, the gradual opening of America's vast service sector to foreign competition is likely to cause economic upheaval on a scale not seen since the 1800s, when the development of the steamship and the telegraph made overseas trade in most goods possible. This new economic era will bring with it tremendous opportunity, but also considerable risk--including the real possibility of downward mobility for many in the middle class.| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2006 Business Article 4 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2006.
Originally Published: Shaken and Stirred, Jan./Feb. 2005; pp. 112+.
There are signs that divisions in American society may widen in the future, as deep economic and technological forces are undermining the political, cultural, and economic unity that has characterized the postwar era. As the authors argue, the gradual opening of America's vast service sector to foreign competition is likely to cause economic upheaval on a scale not seen since the 1800s, when the development of the steamship and the telegraph made overseas trade in most goods possible. This new economic era will bring with it tremendous opportunity, but also considerable risk--including the real possibility of downward mobility for many in the middle class.
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