What is the issue in Scunthorpe and Redcar?
Deindustrialisation 2200/900 jobs lost Grimsby local Scunthorpe town still recovering from 20 year losses UK Iron/Steel industry 90% decline Fear of becoming a ghost town
What does the spiral of deprivation consist of?
Old factories close Land becomes derelict Jobs lost People leave inner city Fewer services needed so shops close More jobs lost Only low income groups stay Little money put into area More crime Worsening QoL
What other moral/social negatives of globalisation are there?
Growth of a two speed world - wealthiest 1% receive same income as bottom 57%
Where is there evidence of exploitation?
Savar is the polluted suburb
Rana Plaza: collapsed in April 2013, 1100 killed, fire, electrical & safety reforms, cheap labour $40/month, pay more than subsistence, independence for women, no other choice apart from rural subsistence
What environmental costs are there?
Masses of cheap goods transported far and wide Large consumption Air pollution Landfill sites Carbon emissions Ecological footprint
What are the positives of globalisation?
Rise of 'Tiger' economies - NICs Increase of purchasing power parity Longer established OECD economies Post industrial economy developed Quaternary sector growing in number Greater disposable income/improved diet/healthcare/housing