Cohen, Stephen S.,

Shaken and Stirred. Stephen S. Cohen and J. Bradford DeLong. - Atlantic Monthly, 2005. - SIRS Enduring Issues 2006. Article 4, Business, 1522-3191; .

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.

1522-3191;


Competition--International
Economic forecasting
International trade
Labor market
Offshore assembly industry


United States--Economic conditions

AC1.S5

050