Globalization's Effects on the Global Poor - C. K. Prahalad
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Complete video at: http://fora.tv/fora/showthread.php?t=1422 C. K. Prahalad, acclaimed professor of Corporate Strategy at the University of Michigan's Ross School of Business, discusses both good and bad effects of globalization on the global poor. ----- "Globalization for Better or for Worse: Civilization and the Environment" with CK Prahalad at the 2007 Aspen Ideas Festival. In this, its third year, Aspen Ideas Festival once again gathers scientists, artists, politicians, historians, educators, activists, and other great thinkers around some of the most important and fascinating ideas of our time. As these thinkers present their provocative ideas, they engage a sophisticated and highly motivated audience. Coimbatore Krishnao Prahalad (b. 1941) was born in the town of Coimbatore in Tamil Nadu. He studied physics at the University of Madras (now Chenai), followed by work as a manager in a branch of the Union Carbide battery company, gaining experience of management, He continued his education in the US, earning a PhD from Harvard. He taught both in India and America, eventually joining the faculty of the University of Michigan's Business School, where he holds the title of Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy. C. K. Prahalad is the author of many books, including "The Core Competence of the Corporation" (1990), "Competing for the Future" (with Gary Hamel, 1994), and "The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits" (2004).
Comments
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inequality in the life and the payment of people is so depressing, people need to be more equal and care about more than their immidiete life
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Oww! This Corporate Sector CEO making mockery of 99%. Increasing mobility??? Good... But how??? He had nothing about this "How". Didn't discussed about dysfunctional global economy.Well they are saying these things for about a century. Inclusive growth??? How?
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Arifin mençistira attigi golü ariyodum
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Asks a lot of questions, gives no answers
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yes,although the poor in developing countries like china and india get a job,they are still living below the poverty line.the people are not well protected under the labour law due to the government do not want to upset those foregin company,and the disparity between the rich and poor is getting more serious than before=(
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You fuckers. There will never be a point in YOUR vision of society where even the poorest person on earth has 'enough.' To you the problem is maldistribution. You see ANY inequity in the income or wealth of two individuals, and you immediately conclude that a social injustice must have been committed, and that it is the principal role of government to resolve that injustice. You fucking idiots. Socialist cocksuckers. You're blind to laziness, stupidity, and envy. Masturbate to my pics.
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Fuckers. Rich / poor is a relative thing. Why not talk in absolute terms about what material things people have, or their financial resources. Should we continue the lie-filled conversation in the context of 'social justice' similar to the lie-filled propaganda about "20% of children in America go to be 'hungry' every night...." (when those kids are fucking OBESE?!). You fuckhead libs are misguided b/c most people want 'more than they have' and they don't want to work to get it.
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@1000101er Good points! Good or bad is irrelevant; globalization is inevitable considering the communications available from the airplane to the internet. However, aggressive and unbridled Capitalism (same as the failed Communism) has led to social upheaval and extremes of wealth and poverty where some one thousand families (primarily in the US) control over 20% of world's resources whereas, the bottom 20% are homeless and starving of hunger. Such extremes must be dealt with soon.
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@EternalRhyme , I think it doesn't matter, people didn't want to live in Iraq, before Sadam took over and people sure as hell, didn't want to live in Iraq after. We had prosperity BECAUSE of our constitution. Now that the communists have moved into our government, our prosperity has been given to the bankers and big business. In the past, people came here, seeking freedom and the oportunity for fortune.
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@EternalRhyme, My last sentance simply means that for at least the last 224 years, people have not exactly, been beating a path to the imigration office, hoping to live in Iraq.
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@EternalRhyme I am NO fan of the UN, one of the most corrupt organizations, on Earth. I never said that the US, or the UK were superior to Sadam. The moral and immoral acts of our governments, depend mainly, upon the morality of our governing administrations, but as for the laws upon which my govt. was based, Yeah! You betcha! Many Americans, are woking very hard, now, to return to our founding principles. When Sadam was in power, how many immigrants did you see, trying to get into Iraq?
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@1000101 - I understood but then again I went to a University serving those at the upper end of the disparity spectrum. Anyway good summation.
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@SouthernTexan2 lolololololz You serious?
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not in all cases I had a threesome with a mexican chick and this black dude and I'm a white guy I bang and fucke shit out of her and then homeboy start hitting from behind lol the she say what ups and I look homeboy couldt get it up he was limp dam I just kept fucking her then he end up getting it hard she started suck both are cocks we look at enother he was no bigger then I was so I think really as todo with the person and to say I was few years younger then him and I am circumcised
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RIP Mr. Prahalad. Your fascinating work will continue to inspire scores.
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@elisasue, The US has provided countless assistance to poor nations, unfortunately, selfish personal and political agenda has sometimes, overridden honest intent, in the leadership in those countries and ours, too. We can only do so much. We took Sadam Huessein out, but there are so many, with selfish intent, to take his place.... and even though I disagreed with starting that war, a chance for freedom has been presented. Now it is up to the people to decide if they want it.
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I completely agree with you. Yet, many people in developing countries don't actually have the freedom that we both think they ideally should. I guess if I didn't have the ability to have freedom to choose, even if I was a political activist working for that freedom, I would hope someone would provide assistance from the outside. So many are disparaging because of lack basic necessities, that are readily available in rich countries. I am not promoting socialism, only sustainable development.
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@elisasue I think the most important thing to remember, is "freedom of choice." Each culture should be allowed the freedom to choose how they wish to be governed and if they choose wisely and can hold true to their values, they will succeed in ways that others might never understand. Whenever a government dictates to it's people, instead of the people, dictating to their government, you will find the resources and economic wealth, held tightly, in the hands of the ruling elite.
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@cowgirlmoon You might be right, this is what likely would happen if this was done politically. Yet, does that give us justification to ignore the poor, and take from them? If we can't at least try to be equal economically then I think I would prefer to be on the rich side, yet you are welcome to be on the poor side. That way we are sure to have a balance so that the wealth isn't spread out. Not to be rude. Its easy to dismiss this, as "avoiding socialism" when we aren't the ones starving.
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If we spread the wealth so that all countries have the same, the wealth will be taken, by the ruling elite once again and government will become an Oligarchy. The Great Leader and the ruling elite will have all the wealth and everyone else, will be nothing more than the social collective.
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