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Globalization may actually be better for the environment

Globalization may actually be better for the environment

Globalization doesn’t just entail the movement of manufactured goods, but also the transfer of intermediate, capital goods and technologies. That means multinational corporations with clean state-of-the-art technologies can transfer their green know-how to countries with low environmental standards.

What’s a capital gain and how is it taxed?

What’s a capital gain and how is it taxed?

Unlike wages, capital gains are harder to calculate – and harder to tax. But while some assets such as stocks and mutual funds are bought and sold often and so their market price is well known, others like real estate or fine art don’t change hands that often. That means it’s harder to know their value.

Is China the potential driver of a new wave of globalisation?

Is China the potential driver of a new wave of globalisation?

Putting to use its economic, political and symbolic capital in global affairs, China has developed diplomatic thinking and practice that’s not just concerned with short-term economic benefit. Rather, it has focused on the long-term impact of its actions on both the outlook of the world system and the country’s position in it.

Social Capitalism and the Prisoner’s Dilemma?

Social Capitalism and the Prisoner’s Dilemma?

A company that defects have the ability to make more profit than a company that cooperates, as it invests some of those profits back into the community. Moreover, the company that defects may also benefit as the disposable income that is generated may be spent on the products/services that the company is involved with.