DW should get an award for pumping out the large number of high-quality documentaries it does. And all foreign languages are translated with audio, so I can set my phone down and just listen. Fantastic work DW.

@DWDocumentary

Жыл бұрын

Thank you for watching and for your positive feedback!

@MostDopeBro

Жыл бұрын

You’re the award.

@mickkrever4084

Жыл бұрын

@@MostDopeBro *Highest propaganda award since WWII*

@kamran5756

Жыл бұрын

Don't worry they already have been awarded before even making this high-quality indoctrimentary by those at WTO and other 3 lettered organizations starting with W..

@rond5936

Жыл бұрын

When you watch other publications from the BBC, CNN, MSNBC, etc about the US-China trade conflict, the narrator immediately starts criticising trump for the trade conflict. It's only DW who just let the interviewee talk and express themselves without criticising trump needlessly.

We're watching corporate and government greed. That's the real problem.

@nathansharma87

Жыл бұрын

I know. It's so blatantly obvious and open now all across the world even here in Australia and New Zealand. We just can't do anything about it.

@small3687

Жыл бұрын

It's primarily corporate greed and interest co-opting government which is meant to be the will of the people in the interest of the people.

@michaelchavez2206

Жыл бұрын

But that’s the point of corporations and governments they have to grow they have to because justify there wages :dutch van der linde

@lowerastral1963

Жыл бұрын

Correct. And, even though the once Italian leader, Benito Mussolini was a vicious, violent, murderous dictator, he did see, quite clearly, that the perfect blending of government and corporate power helped him coin the words "fascist", "fascists", "fascism", and "fascistic" in order to explain just exactly what happens when you merge those two entities together. The fact of the matter is that we cannot tell where our government begins and corporations end. It's all just one, very LARGE CON-glomeration starting at the head of the Ouroboros and not ending at the tail of the Ouroboros. It's the snake eating itself as it rolls down the never-ending hillside into infinity.

@cjfredi

Жыл бұрын

That is also out of control.

What I like about you DW guys is that your documentaries ask the important questions.

@jkhan2509

Жыл бұрын

No not really.

@robbanks1436

Жыл бұрын

They ask important questions. They just don’t give fully truthful answers.

@allon33

Жыл бұрын

No solutions, so they are part of the problem.

@kiborstefangideonkemboi3818

Жыл бұрын

@@jkhan2509 yes agreed

@lintong3084

Жыл бұрын

an important question with dishonest answers. For example, the port in Greece was sold to chinese because of debt, but debts prio to 2011 euro crisis, no to China. China came as white cavalier. Sri lanka's debts were 80% to financial markets, i.e. mostly Westerners, and 10% to China.

You know, I've been driving rideshare quite a bit lately. I've had the opportunity to sit and chat with many of our newer generation. They are truly smart, considerate of the environment, less interested in domination, and more interested in creating a better world. Such a valuable resource we have which gives me so much hope for a better tomorrow globally.

Corporations and billionaires have profited the most from globalization.

@youme1414

Жыл бұрын

It is the world of the rich.

@SpazzyMcGee1337

Жыл бұрын

And you if you in anyway benefit from electronics.

@user-wg6ik1wi6s

3 ай бұрын

So what, can you blame them? YOU would too if you were in their shoes.

@jorgegomez524

Ай бұрын

That was always the plan

@jaredclark8335

21 күн бұрын

@@user-wg6ik1wi6sthat sentiment cuts both ways, buddy. If YOU were a Peruvian dirt farmer YOU would want a redistribution of wealth and opportunity. No duh most people would take the billionaire’s wealth and power. “For the love of money is the root of all evil” and it would take a staid soul to resist its temptation. But if we meet ourselves where we are and waste no time with hypotheticals than we can see that this global economic system has failed, simply because it benefits too few people.

"Globalization in Crisis" illuminates the complexities of our interconnected world, highlighting both its opportunities and challenges. It's a thought-provoking journey that encourages reflection on the global dynamics shaping our lives. Thank you for shedding light on these important issues.

Winners and losers in World Trade! - very interesting topic. Well done DW💯.

@adamrandall5967

Жыл бұрын

Inevitably it’s the established that get to, ‘Stay the course’ 🪨 10:05

@DWDocumentary

Жыл бұрын

Thanks for sharing your thoughts!

Global Trade is fine when all parties operate in good faith. How can countries with no economic or political power negotiate trade deals beneficial to their people when they are over a barrel? Beyond that, how many developing nations who are known to have corrupt political systems, can ultimately see any benefit trickle down to its citizens when most deals are made out of sight of the population? Globalization is beneficial to the few, but not the many. It is a necessary process, but it's not being used in an ethical manner at this point. Thanks for the cool documentary.

@iggy5347

Жыл бұрын

Globalisation good for developing countries since they got job and becoming rich. China is a good example from rags to riches alll thanks to globalisation. Indonesia vietnam malaysia singapore also got some good fdi from globalisation. Not really globalisation lifted 600 millions people chinese out of poverty. The same goes with india indonesia vietnam

@nurbekkunpeisov9057

Жыл бұрын

@@iggy5347no exactly. In case chinese investors come to build some factory, plant or mining, they strive to involve its subcontractors, employees and suppliers. Developing countries due to corruption and desire to make rich only elites or government representatives are reluctant to change the order. As a result, small portion of population feel the positive impact of the investments. Chinese are top greedy nation, paying less and making people work hard and overtime.

@iggy5347

Жыл бұрын

@@nurbekkunpeisov9057 hahahah you are funny

@nurbekkunpeisov9057

Жыл бұрын

@@iggy5347 I don’t find it funny that people suffer

@iggy5347

Жыл бұрын

@@nurbekkunpeisov9057 the ANGLO people is much worse then the chinese. They colonised they bombed they exploited their resources, what happen to the native in america and tasmania, america new zeland australia is all stolen land. So you said chinese is top greedy natiom??? You anglo people are so funny. You dont see yourself in the mirror you are much much much more worse the the chinese. Look the US ALWAYS AT WAR in the middle east in the last 40 years,. China never fight big war since vietnam war. Like i said you anglo people are a funny bogan

Share holders, and people who own the companies are the winners, and the rest of us are the losers....

@Gnashercide

Жыл бұрын

Nah. Educated people and skilled.

@franzjoseph1837

Жыл бұрын

@@Gnashercide lol higher paid slaves are just higher paid slaves. You literally own nothing in this society.

@susettesantiago5509

Жыл бұрын

Crooks and the Judas who think they are part of the show…….when they are just taking their thirty pieces of silver to crucify the rest of the world………

@Gnashercide

Жыл бұрын

@@franzjoseph1837 nope , they're not "slave" ,just employees. In my country globalisation isn't a problem, it's a chance .

@franzjoseph1837

Жыл бұрын

@@Gnashercide lolo chance for what? Go tell that to the Mexican farmers who have to sell their land cause the Mexican market is flooded with subsidized American agriculture goods or go tell that to the Chinese workers who had jump nets installed to prevent them from committing suicide at apple factories. You are either a shill or a bot cause humans being don't see this degradation of not only our environment but of human beings as a "chance" for anything beyond widespread poverty and skyrocketing corporate profits. Who pays to keep the Congolese at war with each other while at the same time the cobalt production flows like rain ? Who profits from keeping dictatorships in power in resources rich nations in the global south? Like what do you think neo colonialism is?

You guys make the most decent, well elaborated documentaries. Vielen Dank!

@DWDocumentary

Жыл бұрын

Thanks for watching and for the feedback!

@unknown6715

Жыл бұрын

You mean Propaganda machine

@unknown6715

Жыл бұрын

@@_Meng_Lan 🐑

@danielhutchinson6604

Жыл бұрын

@@unknown6715 It seems to be difficult to discover any "Public" Media that is not a Propaganda source since 1980? You are basically, right on......

@solomonKachi7000

Жыл бұрын

@@unknown6715what side are they on in your opinion. I’m not here long enough to know but I do notice a pushy opinion

What are the most important metrics, especially for the developing world, where almost 70% of the world's population live? 1.Increased life expectancy 2. Increased access to safe and drinkable water supplies 3. Increased access to basic food supplies 4. Increased access to basic health services 5. More opportunities and equality for women 5. Less regional and international areas of conflict, and less severity/ intensity in areas where conflict still exists.

This doc is brilliant. Thank you DW. Thank you farmers and steelworkers.

The lost of some American industry to China means less job's in America, more job's in China, less taxes paid in America, more paid in China, but the companies that moved still sell their products for the same amount. The owner's, stockholders, just make more money. So, the only one that has lost, is the American people.

@mihaivmoldovan

11 ай бұрын

The American people benefit from cheap products bought from China, in the end people can choose not to buy "made in China" products and all will be fine. Germans and French know this and buy by default "made in their country" products, supporting their economies.

@petrosE75

10 ай бұрын

You are correct, but it has affected every developed economy. Not just the US. Remember, the entire European economy is about 15% larger than the US' economy, excluding Russia.

@darkskin363

8 ай бұрын

Not true

@JameBlack

8 ай бұрын

The only problem is that Chinese government will soon need wars to justify its reign. So all these manufacturing that was exported to China will soon start to produce weapons to kill westerners. America once already industrialized Soviet Union in the 30s.

@petrosE75

8 ай бұрын

@@blub-tf6rt That's not capitalism. Pick up a book.

I really love the story telling abilities and style of DWTv, they are just my best favorites for many years! Keep it with such detailed and beautiful presentations always! Cheers!

@DWDocumentary

Жыл бұрын

Thanks for watching and taking the time to comment!

@DS-nw4eq

Жыл бұрын

I really like the employees of DW leaving comments and DW giving them a big thumbs up! Such the great content of all times true love when you know the information things.

@DS-nw4eq

Жыл бұрын

Me love long time much good watch. I make pay now? Good comment? Thank you, thank you.

@Theactualclips

4 ай бұрын

They said absolutely nothing about the negative global impact of the USA. They only talked about that of China.

Thanks DW. I just started watching your documentaries from Azerbaijan. Very informative and well done!

@jirislavicek9954

Жыл бұрын

Watch Caspian report, also from Azerbaijan. Great channel on geopolitics 👍

Again cannot be said enough it is great that DW audio translates all the foreign languages much kudos

Subsidies and global markets really fuck everything up, you could say "everybody has to play with the same rules" but that means the lowest economies can't compete because the initial cost is soo much higher benefitting the bigger players. No rules benefit the lowest players because of the invers reasoning. It is almost like you can't plan it, but with the ongoing years the private equity firms and ceo become richer and richer

@regandunn4850

Жыл бұрын

Yes it's like a speeding ticket the rich just pay it and the solo muns say can't aford it

Whether it is globalization or nationalism, someone always profits and some of the ones that profit will be greedy that will not care how they make their profits and use their profits to gain power, status and notoriety with little or no regard for human life or the environment. Having said this, there will also always be some that will use their profits to work towards peace, fairness, justice and to promote honest and respectful ways for businesses to compete in the economy so that humans can continue to make progress on how to share the land and the resources on this planet in sustainable ways. I hope and remain optimistic that the ones that work toward peace and fairness will always have a majority.

@truthslayersoothsayer819

Жыл бұрын

That's right ....more countries should adopt the Chinese model 🙂🙂🙂🙂🙂

@raevj

Жыл бұрын

@@truthslayersoothsayer819 no thanks…the Chinese people (younger generations) don’t even want the CCP..

@marianshen

Жыл бұрын

American scholars pointed out that since the Second World War, the foreign policy of the United States has been based on a simple concept - "You are either with us or against us. The United States should lead, and the allies should follow, while against the United States supremacy." Countries that are in this position will suffer.” This fully exposed the nature of US coercive diplomacy.

@LoveIXTC

Жыл бұрын

only as long as people are fed... all monsters are human

@Danny_6Handford

Жыл бұрын

@@LoveIXTC Correct me if I am wrong, but to me your comment suggests that someone has to be responsible for feeding people. I think people have to learn how to feed themselves and by now people are certainly smart enough with enough intelligence to learn how to do this without harming each other.

Lot's of love from India 🇮🇳💓

As a senior in college I had a year long research project concerning NAFTA. Interestingly the big winners were college educated Mexicans. The poorest still experienced wage stagnation, while low “skilled” American and Canadian workers took hits as well.

@franzjoseph1837

Жыл бұрын

Hence the Zapatista uprising in Mexico. The US and the Mexican elites then decided to funnel money into mercenaries special forces to crush them. These men who then transformed into Los Zetas began to "tradition" of gruesome snuff videos and increased the violence in the "drug war" which of course other corporations profit from along with various government agencies who would have smaller budgets if they didnt have to fight a "war agsint drugs". The price of corporate profits are covered in blood.

@paperandmedals8316

Жыл бұрын

Well then you know the future is NAFTA and Mexico overall will be a big winner, Canada not so much.

@user-cr6yp7vx9r

Жыл бұрын

According to DW, China wins and everyone else loses, great narrative, but nice try. Last I checked, China does NOT own google, apple, microsoft, boeing, mercedes, pfizer, monsanto .... tens of thousands of these western giant firms that taking the biggest cut from the global trade.

@paperandmedals8316

Жыл бұрын

@@user-cr6yp7vx9r The China story is over. We are watching the conclusion.

@DAB_1903

Жыл бұрын

This. 100% agree.

As always an amazing & informative documentary by DW regarding the consequences of globalization.Cant wait for Part 2❤️.

@DWDocumentary

Жыл бұрын

Thanks for watching and taking the time to comment. Be sure to check out our channel for more content.

@jjjkkshen2836

Жыл бұрын

Paid to say bs,trash documentary at all.

@DS-nw4eq

Жыл бұрын

I really like the employees of DW leaving comments and DW giving them a big thumbs up! Such the great content of all times true love when you know the information things.

@Theactualclips

4 ай бұрын

They said absolutely nothing about the negative global impact of the USA. They only talked about that of China.

You don’t kill your own to save strangers. You take care of your own first, no exceptions.

@longdragon3

Жыл бұрын

What if strangers could bring scientific and technological advancement and overall progress human species? Your idea approves selfishness.

@jameswiblishauser9745

Жыл бұрын

@@longdragon3 Still, you don't kill your own, that's worse than selfish.

@raevj

Жыл бұрын

@@longdragon3 if you can’t care for your own family, you don’t give money to your neighbors…common sense.

@jeremiahbell8682

Жыл бұрын

@@longdragon3 what if your own is capable of the same things too?

@nathalytoledo6323

Жыл бұрын

Yes, this does not mean you destroy the whole neighborhood just so that every benefit from the local government goes to you. That's greed and even if you want to do it, it doesn't mean the rest should sit still. We are not talking about surviving, we're talking about not letting everyone else survive because you want more than healthy.

Excellent and informative. Thank you.

As a Nigerian, I can't tell you how proud I am of Mrs. Ngozi the DG of WTO. She is so intelligent

Kudos DW. Your documentaries are always on point

@DWDocumentary

Жыл бұрын

Thanks for watching and for the feedback!

@kiborstefangideonkemboi3818

Жыл бұрын

Propaganda machine

@DS-nw4eq

Жыл бұрын

I really like the employees of DW leaving comments and DW giving them a big thumbs up! Such the great content of all times true love when you know the information things.

@Theactualclips

4 ай бұрын

They said absolutely nothing about the negative global impact of the USA. They only talked about that of China.

Really informative & interesting documentary, so thank you for helping educate all of us on this complex but important issue. However, after watching this, I'm now actually more skeptical about the benefits of globalization, not less. It seems that no matter how noble & good the original intent was, sadly the corporate elitists & the powerful industrialists find a way to abuse it & exploit the working poor. As in geo-politics, greed & corruption are rearing their ugly heads & poisoning what was once a great endeavor. I'm now more pessimistic about our future more than ever before but the inspiring stories told here by these normal citizens from all around the world struggling to succeed gives me a little hope.

@Theactualclips

4 ай бұрын

They said absolutely nothing about the negative global impact of the USA. They only talked about that of China.

An absolute gold mine of journalism!

DW is always relevant! Thank you for always staying on top of things. No channel is even close to being second to you. Huge respect.

@DWDocumentary

Жыл бұрын

Thanks a lot for watching and for your positive feedback. We appreciate you taking the time to comment and are glad you like our content!

@michaelhadikin4329

Жыл бұрын

Excellent Journalism? You might want to consider laying of the drugs, it's clouding your judgement. This isn't journalism, this is straight up "Globalist (you know who they are)" propaganda.

@matteloht

Жыл бұрын

arte for example is at least on a similar level imho. But then again, you have to be able to understand either French or German.

@Theactualclips

4 ай бұрын

They said absolutely nothing about the negative global impact of the USA. They only talked about that of China.

16:20 I lived in China for 5 years. While I was living there in a metropolis, they went from 0% of electric cars to 100% electric buses and taxies. Thats not just a few vehicles when we talk about 20million people in a city. They do care, its just easy to point fingers. Of course there are huge environmental issues, but that's somewhat expected when they provide the whole freakin world with products. Wonder how well the US would do if they had to provide the world with all of those? Or the EU? We would breathe the same toxic air they need to breathe.

This is a great video for global economics. I remember thinking about many of these factors during the COVID payouts.

nice doc. but only foused in america vs china and some europe. globalisation document needs to addres global players. please add another parts in this globalisation series. thanks for this beatiful work. production quality is good.

@DWDocumentary

Жыл бұрын

Thanks for watching and subscribing. We try to cover a broad spectrum of important and often difficult global issues and we really appreciate your positive feedback.

@Curling_Rack

Жыл бұрын

American car made in Brazil

@youme1414

Жыл бұрын

@@Curling_Rack I thought the Americans closed their plants in Brazil sometime ago. It's in the news then.

@jirislavicek9954

Жыл бұрын

I can see long part about Peru

@vespa9566

Жыл бұрын

You can always count on DW for ditching Trump and capitalism.

Very well thought documentary.. 👍

The subtitles seem to be a bit mismatched with the timer FYI, great documentary

Thank you DW for this amazingly informative documentary 🙏

@DWDocumentary

Жыл бұрын

Thanks for watching :)

My greatest concern is for the poor countries to whom the opportunity to improve their standards of living, let alone, catch up with the technologically advanced countries, seem to be forever disappearing.

@LeviKerrison

Жыл бұрын

“Those who have lots, everything shall be given, those who have nothing, everything shall be taken”. Pareto distribution.

@bogdan1213

Жыл бұрын

they will never catch up because they are just bags of meat. not everyone is equal.

@Fastsprinter356hgfvbhgvbmygggb

Жыл бұрын

Don't have any concern for the people of the poor countries, because they (we) immigrate to the richest countries to have better life quality.

@nathalytoledo6323

Жыл бұрын

I am not sure if this comes as a form of criticism or as a form of derogatory treatment, but they're more than bags of meat and some can certainly catch up, just like some have done in the past. The number of them catching on depends on us, humans, or some of us, at least.

@rampantmutt9119

11 ай бұрын

@@nathalytoledo6323 You are overthinking. He is merely racist.

DW never fails us, thanks a lot for the excellent journalism.

@DWDocumentary

Жыл бұрын

Glad you liked the film. We upload documentaries regularly so don’t forget to subscribe.

@iggy5347

Жыл бұрын

Globalisation good for developing countries since they got job and becoming rich. China is a good example from rags to riches alll thanks to globalisation. Indonesia vietnam malaysia singapore also got some good fdi from globalisation

@robertgittings8662

Жыл бұрын

@@iggy5347... err rich countries lives of poor countries hard labors, maintaining their richness and got even richer, have you heard of rich get richer and poor gets poorer? IPhone US gets 99 dollars and Vietnamese gets 1 dollar

What US China trade dispute? It was simply US unilateral trade restrictions

@macc240038

23 күн бұрын

China runs on subsidies to their industries of all kinds aimed at running all competitors in other countries out of business so they can dominate the industry. By the time countries learn this is China's basic tactic when dealing with competitors it is often too late.

What we learn from history that we never learn from history.

This makes my country India who took L from both sides , America and 1st world are getting overwhelmed by Chinese products due competition and china having cheaper work force = less price of overall product meanwhile India despite having a large workforce still importing 10x more from china than exporting it !

@madsam0320

Жыл бұрын

China income per capita is four to five times more than India, why they managed to become biggest exporter in the world instead of India? Is it because of cheap labour? It’s because of globalisation, india is anti globalisation, because of protectionism of local businesses, they cannot compete overseas, the consumers have to pay more for their essentials and have less spendings elsewhere. China see globalisation as a tool, there is no good or bad, in a good hand, it’s useful. And in a bad hand, it’s a weapon that harms. Governments have to make sure that the rewards goes not just to the rich and powerful, the workers and families make up most of the population, and must have disposable incomes for the economy to circulate.

I remember the 70s and 80s Kenya most multinational companies had factories and they paid best salaries nowadays they just distribute. Colgate, Unilever ,Beecham ,Kiwi,Gillette, CPC and many others most closed factories and are sourcing mostly from Asia.

People talk as if China is doing this or that. The world revolves around growth and shareholder return. Now that China is raising standards, capital will move to be next place with lower regulations, to keep satisfying the quarterly growth demands. The owners want more money and look to lower costs

You got the dubbing wrong in the first section about Wearton, otherwise great doccie

Very informative

An amazing documentary as always, and so enlightening! Keep.on educating us DW🎉

@DWDocumentary

4 ай бұрын

Thanks for watching and for your constructive feedback! :-)

Another great thought provoker, thank you DW. Question: what do we do about the problem? ANSWER: regulation. (And WHY wasn't that Peruvian economist elected???)

i was helping a friend make a reaction paper on some of your documentaries and ended up falling in love with your channel!

@DWDocumentary

Жыл бұрын

Thanks for watching and taking the time to comment. Be sure to check out our channel for more content.

Thanks for this

It would have been helpful if an academic who is a critic of globalisation had been interviewed. All the economic "experts" were thoroughly invested in the globalised order. No mention also of how globalisation makes the world more vulnerable in the face of severe climate disruptions and how this could precipitate potential societal collapse. Unfortunately a shallow documentary that put more emphasis on blaming China rather than the underlying system which drives these behaviours.

The profit for a specific country mostly depends on the geolocation and demography of its own country and the countries around it, which I will explain below. USA is located where there are fewer countries around and fewer people to buy their products. If USA wants to sell its products in far countries in Asia, Europe and Africa then the products will cost more for the buyers because of traveling charges. The better the product, the higher the rates of the products. China has many countries around it (or close to it) and many people too, to buy products from them. The Chines products costs less because they don't travel very far and if they do travel far to Africa and Europe then all the products will not be of the same quality because the poor can't buy them if it costs more. China will make lower quality products to make it cheaper for the countries in Africa, so they can buy them. Only rich people can buy the products of better quality from USA and Europe who lives in other continents. IF all the people in every country around the world were balanced in wealth then the possibility of buying products from far country will also increase. BUT that doesn't mean that the countries should keep growing their populations only for the sake of profit because if they do, then it will be devastating for the country, its resources and also for the world, as we can see these days. (Climate change, environmental disasters, poverty, polution and etc) In the end, It's not good to be so greedy for more wealth and power because in the end we lose it all. It's better to share it among the poor and live a balanced, peaceful life with them.

@MalikaBourne

Жыл бұрын

Valid points.

@timothykangethe7700

Жыл бұрын

Globalization favours certain people over others. (Deep seated State Capture & their Profiteer policies). 🇨🇳 "made in China" is heavily supported via CCP's Control Capitalism as opposed to 🇺🇸 Cronyism Business model of a "them vs us"...meaning Republican Wealth vs Democrats/Liberals meagre resources. Thereby buying influence from the profits of.... well you guessed it, State Capture.

@nurbekkunpeisov9057

Жыл бұрын

But you need to understand that credit facilities could afford people to get what they want. USA people lives on credits. A lot of Chinese products are bought by USA and rich European countries. Did you see man from USA driving Kia car? Most USA and European products became uncompetitive since relationship of quality and price is poor. Chinese and korean products are very popular. This concerns usually mod-cons.

@johnbinnie5697

Жыл бұрын

China makes products that the world needs at a low price point. The US sells middle of the road products that the world wants but doesn't need. It's an oversimplification but I'm sure most people will get the point.

@raevj

Жыл бұрын

@@johnbinnie5697 US is the #1 food exporter & a good bit of energy….it isn’t just what you state. Plus tech ideas/designs come from US but then manufactured elsewhere…a lot comes from defense research in the US like the internet.

Free trade has revealed its advantages and disadvantages. The rich become richer, the poor becomes poorer. Each country should be able to negotiate deals that their people need. The WTO agreements should be short term, per industry and easy to get out of when the term limit expires.

@denisesorchidparadise1411

Жыл бұрын

if they are making money off of the poor it will never end

Winners = corporations Losers = everyone else

Problem with economic globalization is that it didn’t and doesn’t include any efforts to include nor promote social and economic equality and justice as a globalization scheme. And that is and will be the crisis of globalization. The solution is to fairly invest in each other for the benefit of each other.

@MyHolidayArchive

Жыл бұрын

That sounds very idealist even many would wish that could happen. The reality is that an overpopulation of our planet with increasing competition for resources means that there is not enough in the world for everyone to have a developed country standard of living. Around 20 years ago when the population was just over 6 billion people, they said at the time we’d need another 4 earths worth of resources to all have a good standard of living. What would it be now with another 2 billion people and all the technology we use every day now that perhaps we didn’t do back then?

Imagine a game of monopoly where 10% of the participants own the majority of global wealth hoarded through centuries of colonialism, and all the technologies that were subsequentially developed during industrialization, while the rest have nothing to sell but their raw materials, which leads to huge trade deficits, which then leads to resorting to IMF loans to cover the deficits, leading to extremely thin chances of being able to develop an industry especially when low tariffs on imports are imposed on them by the IMF (and other tools of political violence) which only serve to make imported goods from richer countries more competitive than local ones in developing (or let's say systematically underdeveloped) markets. That is globalization.. a cycle of deficits, currency devaluations, indebtedness and misery for the third world. A cycle of hell that is extremely difficult to escape.

Why not instead of subsidies apply tarrifs on produce from parts of the world where there are less govt enforced hurdles. If your green mob wants some economic policy for the local manufacturers, calculate the cost of the policy per ton of the item and apply the same on items from countries without these policy.

Great work DW!

@DWDocumentary

Жыл бұрын

Thank you! We're glad you liked the documentary. Subscribe to our channel for the latest uploads.

Informative documentary. Greetings from Perú.

@DWDocumentary

9 ай бұрын

Thanks for watching and for the feedback!

To take care all the best for the public especially the poor is nothing but to improve on the globalization side.

Lets be real, that West Virginia steel plants dont look very low pollution. They just look dated.

@tomthelen8069

Жыл бұрын

So like every industry, updating is a constant, but the short term investments are quickly becoming a BAD INVESTMENT? Why? Biden global initiatives and environmental restrictions?

Really informative documentary, unfortunately the subtitle running faster than the speaker/narrator since english in not my mother tongue i have to put more effort in listening skill 😂 Loving to watch all your contents while i learn my english skills ❤❤

Fantastic documentary 👍

@DWDocumentary

Жыл бұрын

Thanks for watching!

We in the USA lost our capitalist that were willing to invest and manage. Today they have become a brand, not a working corporation that produces the things it sells. All those MBA's became financial men, they forgot how to manage a work force. It was easier to contract to others, look at your iphone, look at your washing machine, American so called capitalist, and investment class no longer wanted to invest in a competent work force of men and women that made them the rich and wealthy today.

thank DW

I really like DW that it gives chance to say to all the sides

I agree with Adam Smith "Wealth of Nations" , each country should protect its ability to make things like cannons.

@Userkzb20253

Жыл бұрын

Too bad he didn’t know about atomic bomb then, what said he if he did?

Another great D.W. documentary !

China is a net global developer we should look at the positive impact of China's projects too how these communities have benefitted from these developments not the negativity always we need a more balanced and inclusive documentary Anyway thanks for the documentary it's informative and covers important topics

@DWDocumentary

10 ай бұрын

Thanks for watching and sharing your thoughts!

Please add subtitles as well humble request

Admittedly, globalization isn’t perfect and is flawed on many ends for lack of international hegemony. Nevertheless, the gains of globalization cannot be denied, and the question left for countries whether industrialized or developing ones is how to best place itself to benefit from the system. Industrialized countries like America may cry wolf for its loss of competitiveness in industries like steel. But, how about their edge in industries like the high tech? Do they complain about this advantage ? I think not. The game of globalization is simple. Win some, lose some.

@jeffreyschnedar8020

Жыл бұрын

The issue with globalisation is with the people. You say US has a competitive edge in high tech, well coal miners and steel workers out of a job cannot easily switch to a job that mandates a four year degree or more. Thats not even a doable switch at 30-40. Boomers have zero place trying to retool their career to a high tech job with millennials or zoomers. Those guys grew up with high tech and just run circles around boomers who know everything about steel. So globalisation is good for some but not everyone, even in the same country. As for USA, corporations are too in bed with government. The benefits of globalisation are too often steered towards the wealthy corporations and their stock holders. Something like 80% of all stocks are held by the super rich. Leave enough people behind and you get Trump. Its really that simple.

@curious-relics

Жыл бұрын

Globalization does not provide an edge in high tech... I'm confused why you think there's some quid pro quo where we trade manufacturing for high tech jobs? The reality is globalization is coming for those high tech jobs too

@darkgalaxy5548

Жыл бұрын

@@curious-relics They already have. High tech jobs have migrated from Silicon Valley to Bangalore for decades.

@cubbyvespers6389

9 ай бұрын

Because lopsided economies are unsustainable. They don't factor in realities that the citizenry are not cookie cutter workers you can simply place where you need them and everything works out. See why the Soviet Union collapsed because of their obsession with industry and so-called 0% unemployment. How'd that work out for them in the end? The U.S. through globalization and obsession with tech has put themselves on the same track.

@themanformerlycalled

9 ай бұрын

An economy cannot thrive on tech alone. You need manufacturing to have a healthy trade balance.

Fabulous documentary. It shows not just how globalisation fails, but also how it succeeds. At 33:40.... how micro-credit makes a difference. At 40:30 ..... how globalisation can succeed even "against" the rich, even though it is in a crisis through protectionism. The global tax agreement _should have_ been mentioned in this context. Yes, I know that the rich win many battles, but the poor are also winning. And some of these gains are sure-footed and hard to reverse There is hope yet.

@DWDocumentary

Жыл бұрын

Thank you for your comment!

@pietrojenkins6901

Жыл бұрын

So how do we achieve an equilibrium ?

@narkelnaru2710

Жыл бұрын

@@pietrojenkins6901 Think of it like a chemical system.

@vaseabmwe39

Жыл бұрын

How are the poor gaining anything?

@narkelnaru2710

Жыл бұрын

@@vaseabmwe39 Did you watch the documentary ?

Problem of equal distribution of resources

hello can someone help me answer these questions that are based on this documentary for school. thank you! 1. What is the negative aspect of economic globalisation in the case of Peru? What is the positive? 2. In Germany as well as in Peru we see the impact of China's economic power (hard power). Is there a threat lying in this? Do you think this can lead to a conflict in the future? Why / why not? 3. Do you understand the title -- winners and losers of the economic globalisation? Which are the losers and which are the winners in the documentary?

Hypocrisy at best To all Do what’s best for ur people That’s it From west Africa 🦅

In India, people will shamelessly sell even themselves to private companies

@Leo-gt1bx

6 ай бұрын

It happens globally not just India

This is journalism…. This sort of news is what the society needs… thanks to DW … and thanks to German government for supporting open and fair journalism

@DWDocumentary

Жыл бұрын

Thanks for watching and for the feedback!

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

This is why I don't use global variables in Java.

@hamid786ish

Жыл бұрын

which means you do not like globalization?

@sysyphenf8ewtfr603

Жыл бұрын

@@hamid786ish yes always use local variables

@hamid786ish

Жыл бұрын

@@sysyphenf8ewtfr603 nice!!

@youme1414

Жыл бұрын

@@sysyphenf8ewtfr603 Then you are local and don't get to far with things.

Globalization in decline, globalism is growing towards "you will own nothing and be happy".

Love your documentaries DW, I wonder what happened to your "Iraq: destruction of a nation" documentary though, I can no longer find it on the channel.

@DWDocumentary

Жыл бұрын

We're glad you like our content! Unfortunately, the online rights for that documentary have now expired. Thanks for watching!

Inflation today is caused by corporate greed, not just supply chain issues. Corporations are recording record profits, so we know that the money being raised by the higher prices isn’t being passed on down the supply chain. The money raised by higher prices is stopping at the corporations and going into their pocket. That’s how we know it’s not supply related inflation. It's a good time to take a beat up 401k and do a Roth Conversion if your stocks are really beaten down. Then you'll only pay taxes on the much lower current prices, and your Roth will be tax free.

Timely topic. Good coverage. Diverse interviews and perspective. When Obama was president, he advocated the 'Trans Pacific Partnership' (TPP) near the end of his 2nd term to improve globalization and to counter China's unfair trade practices As I understand it, one of its goals was to standardize environmental controls so that there would not be financial incentive to pollute. It failed in the U.S. One of the complaints against it was that it ceded too much authority on adjudication, arbitration to international bodies.

@qdelevation8947

Жыл бұрын

China's unfair trade practices? American- You Americans can buy goods from developing countries with very low price. Your one day income in America can buy things that equal 5-20 days' income in developing countries. Is it fair? That's the biggest unfair！ It's just pure exploitation that originate from the US hegemony. Gradually, others don't want that unbalanced and unfair trade, they were trying to get rid of it. And you Americans began to say it as "unfair trade" What a joke! Maybe unable to exploit others seems unfair to Americans Only exploiting others is fair to Americans

@Eric-ye5yz

Жыл бұрын

For a very long time China was operating under very unfair practices, it is not surprising they do not care. China has turned past unfairness to its advantage.

@gregparrott

Жыл бұрын

@@qdelevation8947 I understand your perspective. And I can agree with some of it. But: 1) All 'developed' countries have economic leverage, not just the U.S. Singling out the U.S. muddles your understanding. 2) In large measure, the currency of developed countries gains strength based on what they sell - technology and infrastructure development, including transport, processing, distribution, marketing, etc. 3) Countries which manufacture industrial and agricultural machinery, computers, precision optics, pharmaceuticals, etc. have an inherent financial advantage over countries selling just produce or raw materials (except for oil) 4) Trade imbalances have existed in mankind's history for several millennia 5) Regarding my comment on unfair trading practices, as a condition for joining the WTO, China agreed to float their currency, just as all the other WTO members do. However, the CCP violates their agreement - they control their currency's exchange rate, artificially reducing its value to encourage more sales. You seem to suggest it's fair to do so. The CCP agrees with you. But it is not for the average Chinese worker because by diminishing the exchange rate, it reduces the wages of Chinese citizens, and especially reduces their purchasing power of foreign goods. Do you call THAT fair? 6) Regarding my mention of the TPP, are you saying it is fair to export pollution? You are if you support China or other countries building products with no regard for pollution just so they can offer it at a lower price. 7) You should be more precise in where you point fingers. Trades require MUTUAL AGREEMENT. If I buy a pound of Columbian coffee, a series of companies arranged to buy, transport, process, market, distribute, etc. The buyer most likely has to negotiate both with individual companies in Columbia, as well as meet criteria set by the Columbian government, obtain a license to buy, etc. 8) The farmers and government may agree to a price for some period, perhaps to 2 or 3 months, and specify what steps each party is responsible for, where pickup will occur, etc. 9) Farmers and government may insist on a higher price, and the buyer may agree or buy elsewhere. That's just a fact of life 10) While I would still buy Columbian coffee if the price jumped 20%, perhaps a big enough percentage of the buyer's customers would switch coffee brands, prompting the buyer to decline the price increase. The buyer may look for another seller. Conversely, the seller may in turn seek another buyer. 11) EVERY country has buyers/traders, not just the U.S. If the seller shares your view of the U.S. as the home of all ill spirited buyers, they can seek buyers from other countries. Actually, if they're smart (and they are), they use the internet to seek out buyers all over the world. They would be stupid not to seek out the best price. 12) I agree that globalization has a lot of downside. To my mind, a lot of this is caused because of power brokers within the undeveloped countries. Take Venezuela as an example. It was receiving huge sums of oil revenue, with market rates set by Saudi Arabia and the OPEC cartel. The revenue stream was so controlled, corrupted and diverted by Venezuelan leaders via. shell companies owned by family members and other trickery that Venezuela is now a bankrupt basket case.

Wealthy foreign companies are monopolising goods and services in poorer economies and preventing local enterprises from developing or in some cases unable to survive.

Thank you

It is the time to say goodbye to WTO. We should establish alternative system to the WTO system. The system should be based on the principle of the international transactions shall be allowed only with the consent of the nation, and it is the nation's discretion to what extent the nation has international interaction. Current WTO system is a public bad, not good.

When the Chinese took over the Sri Lanka port, at least they paid for it. The British took over the whole country by force and paid nothing to the Sri Lankans.

@jomo4435

Жыл бұрын

Haha colonization is taking place everyday right in front of our eyes...by corporations and investors haha seems like a societal issue haha now it is coming back home to us

@huangzb8060

Жыл бұрын

When those greedy and immoral Britishs could not colonise China they then pushed drugs to poison and weaken the Chinese.

@nopt1118

Жыл бұрын

Good point. I'll use this argument next time, on the China issue. Good year my friend

@longdragon3

Жыл бұрын

That's because China know nowadays that's the game(loan and trap) you must play to colonise. Countries cannot go invade as they please nowadays but China would've don't exactly that back then if could have.

@linzhiqiang397

Жыл бұрын

@@longdragon3 Chinese fleets of large vessels in ming dynasty took easy to conquer small countries alongside southeast asia and indian ocean,but they chose not to.

It's not fair trade it's all monopoly trade .

How can we adapt the latest technological development to agriculture and farming?

I would like more on that circuit chip etching machine

That’s exactly what happened to the USA. The corporations exported the jobs to China, Vietnam, India and other countries. We now have too many jobless and homeless people.

@jomo4435

Жыл бұрын

Yep thought out sources was the answer.....sure haha

Globalization is wonderful when its incorporating a global population. We need to ensure that the little people aren't being trampled upon and forgotten. I really like the part about micro credit which I believe is the same as micro loans I learned about in my undergraduate studies. We have the ability to create and sustain a beautiful peaceful world where everyone is a winner in my opinion. We need not fight for number 1 status but for a collaborative approach and just and fair actions.

@imransharif4664

7 ай бұрын

Roger that.

People talk about ‘government and corporate greed’ while failing to see they themselves are part of the system. Everyone wants to buy something for next to nothing, unless they are selling something, then they’ll want the highest price for it.

DW you're the best

@DWDocumentary

Жыл бұрын

Thanks!

"...We were energy independent and we gave that away." Nonsense. The United States is, and has been for decades, one of the world's largest exporters of refined petroleum. All that time, with the exception of a a couple of months in 2020, we have been a net importer of crude oil. Don't blame the government, blame transnational oil companies.

@youme1414

Жыл бұрын

Yet USA has trillions of dollars to expend in Afghanistan. Jeez!

@murdelabop

Жыл бұрын

@@youme1414 Yup. Our military budget is around 3% of our GDP, and we have the largest GDP in the world.

@youme1414

Жыл бұрын

@@murdelabop Are you justifying wastefulness ?

@murdelabop

Жыл бұрын

@@youme1414 No, just stating a fact. Even our huge defense spending and military industrial complex couldn't save us in Afghanistan. There's a reason the place is called "the graveyard of empires". It's a lesson that every occupying power has had to learn and relearn for millennia, and this time it was our turn.

there is people with no ambitions, then there is ones with ambitions reaching the sky

@jomo4435

Жыл бұрын

Ambition is a subjective word when it comes to the actions of others ...criminals are ambitious haha like the 2009 financial crash ....criminal ambition and investors greed

Thankyou dw

The biggest winner is who created that stuff and promoted it systematically: the US Treasure. They issued lots of money to pay debts, so to avoid inflation they needed some strong tendency for decrease domestic prices using third word cheap labor plus a way to dry excess dollars outside the US economy thru international commerce and accumulation. When that model started to present itself exhausted, they start to promote instability worldwide in the hope more and more people afraid of the future could accumulate more dollars, drying them from their economy. The amount of money issued by the US without consequence inside their economy is unimaginable! It is a great monetary tool for them.

I'm disappointed that when people made statements which are obviously, blatantly false, DW didn't challenge them on it.

@jkhan2509

Жыл бұрын

So is it because DW perhaps agreed with the statements? Or is it because DW didn't know it better to challenge the "blatantly false statements"? Or was it because the statements were so trivial that were ignored altogether? Pls give a couple of examples of those blatantly false statements.

I'm still wondering who created this issue of possession. Man feels inadequate if the neighbor seems better off than him. Life is supposed to be lived not survived. Why do we struggle to possess?

@jomo4435

Жыл бұрын

Coveting and envy...life is not fair all the time you win I lose...i win someone else loses they win we lose....tough world like it or not using the weather as a judgement maker

@chaoscarl8414

Жыл бұрын

I guess part of it is rooted deep in us. To the victor goes the spoils. The best hunter gets all the glory (and the girls, of course). Add to this the fact that we're constantly bombarded with advertisements. Always being told that we must own the biggest house, the fastest car, the newest iPhone... It's honestly not surprising that we behave like this. We live in a capitalistic society where growth and wealth is valued above all else. It's as though we've completely forgotten that there is more to life than that.

@torstenvogel5867

18 күн бұрын

Because of the greed of leaders. They want more and more and play the bad game win-lose.

First time when I'm hearing german dub instead of subtitles.. finally🥰🥰🥰😘

It is strange this documentary have an English speaker, but when the Americans talk it get dubbed in German, I do not mind when there is spoken German to just read subtitles. but in general a big thank you DW for your many interesting, informative docs

@DWDocumentary

Жыл бұрын

Thank you for watching, we appreciate your constructive feedback :)

I remember some years back there were some vacancies for kitchen hands at a big hotel in midtown Adelaide in South Australia. By 8 in the morning there was a long line of applicants for a handful of jobs. These were laid off plant workers at the local Ford Holden factory. That’s globalisation for you. But what begs the question is that while employed they were getting really fat salaries. Where did all those fat paycheques go?

@INTELLIGENCE_Revolution

Жыл бұрын

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