Chad Broughton: From Boom to Bust: The True Cost of Globalization

Chapters: ------------- Introduction: 0:00 "Boom, Bust, Exodus": A Tale of Two Cities Affected by Globalization, NAFTA: 1:44 Researching the Effects of Globalization in the Rust Belt City of Galesburg, IL: 4:43 The Maquilas: The Research Expands to Reynosa, Mexico: 12:32 Migration: How NAFTA Has Reshaped Mexico and the US: 17:35 Family vs. Money: The Story of Exodus from Mexico's Veracruz: 20:35 The Larger Economic Forces of Globalization: 24:41 Audience Questions --------------------------- Question 1: What is the Impact of Government Training Programs for US Workers?: 28:44 Question 2: What was the Transformation of Maytag?: 32:28 Question 3: Why was Bill Clinton so Pro-NAFTA? What Does Clinton Believe Today?: 35:46 Question 4: Can You Delve Deeper into the Characters in the Book?: 37:17 Question 5: How Difficult is it to Revert to an Economically Isolationist Nation? How Would it Affect the US? 40:16 Question 6: Is Newton, IA a Viable City After the Effects of Globalization?: 43:48 Question 7: Do Worker's Unions Exist in Mexico? What is the Mentality of Globalized Workers?: 46:45 Question 8: What are Your Thoughts on Obama's Plan to Fast-Track Foreign Trade Agreements?: 50:14 Question 9: What are NAFTA's Affects on the Mexican Small Farmer?: 51:21 Question 10: What Roles has Technology Played in the Lives of Mexican Families?: 53:20 Question 11: Will National Borders Ever Be Obsolete?: 56:04 Conclusion: 57:40 ---------------------------------------------------------------------------------------------------------------------------------------------------------- In today’s shifting global economy countries must often make rapid transitions to meet the increased demands of globalization. In the midst of this, it is easy for everyday citizens to ignore or forget what these transitions involve, where they take place and who is most affected by them. Chad Broughton will examine these global effects and specifically the US – Mexico relationship through the lens of industrial manufacturing in two North American towns. As thousands of jobs have migrated from the United States to Mexico, Broughton argues that what truly matters in debating the consequences of the shift is not just politics or policy implications, but also who is affected and where these changes take place. Broughton will share the voices of those who have borne the heaviest burdens of recent economic upheavals by putting a human face to the constant cycle of global manufacturing and looking at the true cost of globalization. Chad Broughton, Senior Lecturer, Public Policy Studies, University of Chicago, will be in conversation. For more information about this event please visit: http://www.worldaffairs.org/events/event/1397