We’re all familiar with the stories of Russian oligarchs buying up mansions in London, but this is a much broader phenomenon. A torrent of capital from wealthy people in emerging markets—from China, above all, but also from Latin America, Russia, and the Middle East—has flowed into the real-estate markets of big cities in other countries, driving up prices and causing a luxury-construction boom. ... The globalization of real estate upends some of our basic assumptions about housing prices. We expect them to reflect local fundamentals—above all, how much people earn. In a truly global market, that may not be the case.
James Surowiecki writing in the New Yorker on the rise of a truly global market in real estate
posted by Jasper Friendly Bear
on May 25, 2014 -
There is much talk today of a financial and economic crisis comparable to the 1930s. With the threat of a currency war and the euro’s collapse looming, the specter of the Great Depression’s bloody aftermath has returned with a vengeance. Several versions of how to make human beings and build society co-existed during the Cold War, when much of the world won independence from colonial empire. Yet, discussion of humanity’s growing interdependence is today limited to a one-world capitalism driven by finance. What have anthropologists to say about that? It would seem very little. But a positive case can be made for the discipline’s contribution to public debate. We make such a case here. We review recent developments in the anthropology of money and finance, listing its achievements, shortcomings and prospects, while referring back to the discipline’s founders a century ago. Economic anthropologists have tended to restrict themselves to niche fields and marginal debates since the 1960s. We hope to reverse this trend by focusing on money’s role in shaping global society and bringing world history into a more active dialogue with ethnography. Money and finance: For an anthropology of globalization by Keith Hart and Horacio Ortiz
posted by infini
on Feb 12, 2014 -
The Great War’s Ominous Echoes
— "It is tempting — and sobering — to compare today’s relationship between China and America to that between Germany and England a century ago. Lulling ourselves into a false sense of safety, we say that countries that have McDonald’s will never fight one another. Yet the extraordinary growth in trade and investment between China and the United States since the 1980s has not served to allay mutual suspicions. At a time when the two countries are competing for markets, resources and influence from the Caribbean to Central Asia, China has become increasingly ready to translate its economic strength into military power." By Margaret MacMillan
, New York Times
, December 13, 2013.
posted by cenoxo
on Dec 14, 2013 -
"To the world of today the men of medieval Christendom already seem remote and unfamiliar. Their names and deeds are recorded in our history-books, their monuments still adorn our cities, but our kinship with them is a thing unreal, which costs an effort of imagination. How much more must this apply to the great Islamic civilization, that stood over against medieval Europe, menacing its existence and yet linked to it by a hundred ties that even war and fear could not sever. Its monuments too abide, for those who may have the fortunate to visit them, but its men and manners are to most of us utterly unknown, or dimly conceived in the romantic image of the Arabian Nights. Even for the specialist it is difficult to reconstruct their lives and see them as they were. Histories and biographies there are in quantity, but the historians for all their picturesque details, seldom show the ability to select the essential and to give their figures that touch of the intimate which makes them live again for the reader. It is in this faculty that Ibn Battuta excels."
Thus begins the book, "Ibn Battuta, Travels in Asia and Africa 1325-1354" published by Routledge and Kegan Paul
. Step into the world
of "the first tourist
" who made his mark as the world's greatest traveler
before the age of steam. [more inside]
posted by infini
on Jan 12, 2013 -
From the mid 40s to the mid 50s Coronet Instructional Films
were always ready to provide social guidance for teenagers on subjects as diverse as dating
, preparing for being drafted
, and shyness
, as well as to children on following the law
, the value of quietness in school
, and appreciating our parents
. They also provided education on topics such as the connection between attitudes and health
, what kind of people live in America
, how to keep a job
, supervising women workers
, the nature of capitalism
, and the plantation System in Southern life
. Inside is an annotated collection of all 86 of the complete Coronet films in the Prelinger Archives
as well as a few more. Its not like you had work to do or anything right? [more inside]
posted by Blasdelb
on Nov 1, 2012 -
How America Is Making the Whole World Fat and Unhealthy It is hardly news that the United States faces epidemic health problems linked to poor diets. Nearly two out of every five Americans are obese. But according to a press release from the UN Special Rapporteur on the Right to Food, Olivier de Schutter, "The West is now exporting diabetes and heart disease to developing countries, along with the processed foods that line the shelves of global supermarkets. By 2030, more than 5 million people will die each year before the age of 60 from non-communicable diseases linked to diets."
De Schutter, whose work usually focuses on ending hunger, just published a new report saying, "The right to food cannot be reduced to a right not to starve. It is an inclusive right to an adequate diet providing all the nutritional elements an individual requires to live a healthy and active life, and the means to access them."
posted by infini
on Apr 4, 2012 -
“You need a thousand rubber gaskets? That’s the factory next door. You need a million screws? That factory is a block away. You need that screw made a little bit different? It will take three hours.
” Charles Duhigg and Keith Bradsher of the NY Times give an in-depth report on Apple's migration of electronics manufacturing to Asia and its impact on middle class Americans.
posted by Blazecock Pileon
on Jan 21, 2012 -
"America?" he says. "I'll tell you about America.
America is not all honey and roses the way they tell you. Truth is, 90 percent of the people there, you will find, they'll do the most stupid things, impulsive things. I know for a fact. At the same time, Americans are bighearted people, and the remaining 10 percent of them are smart. Bloody smart. That's why they rule the world." [more inside]
posted by Naberius
on Jul 6, 2011 -
Current TV previously & previously
, the media company founded by Al Gore after the 2000 election, has picked up the kinds of in depth long form journalism being rapidly dropped by major networks, but has been tantalizingly unavailable for those without cable; until now. They have been putting their Vanguard episodes up on their website and on YouTube. [more inside]
posted by Blasdelb
on Apr 30, 2011 -
The Rise of the New Global Elite
The new global elite are fabulously wealthy, cosmopolitan, philanthrocapitalist
, entrepreneurial, highly driven, frequently self-made, and confident they deserve their success. They are also often unsympathetic to the middle classes of the developed world. Said one senior executive: "...if the transformation of the world economy lifts four people in China and India out of poverty [and] one American drops out of the middle class...that's not such a bad trade."
posted by shivohum
on Jan 16, 2011 -
Burial & Flight
I BEGAN THIS SERIES TEN YEARS AGO in rural Kenya. When I started photographing, I thought I was working on a localized story about how HIV was destroying African society. Over the years, as I broadened my travels to China and Mexico, I began to see similarities in the composition of villages wherever I went. Only later did I fully realize that the quiet moments I documented in the African bush, Mexican plains, and majestic Chinese mountains represented small pieces of a great shift.
posted by metagnathous
on Dec 17, 2010 -
Silicon Sweatshops is a five-part investigation of the supply chains that produce many of the world’s most popular technology products, from Apple iPhones, to Nokia cell phones, Dell keyboards and more. The series examines the scope of the problem, including its effects on workers from the Philippines, Taiwan and China. It also looks at a novel factory program that may be a blueprint for solving this perennial industry problem.
posted by Joe Beese
on Nov 19, 2009 -
A view from Iran
: Golboo Fiuzi, a young resident of Tehran, talks to fellow Iranian citizens about why they think the US hasn't attacked yet, their political views, opinions about globalization and their lives under UN imposed sanctions.
posted by Surfin' Bird
on Oct 20, 2008 -
Waving Goodbye to Hegemony.
"Just a few years ago, America’s hold on global power seemed unshakable. But a lot has changed while we’ve been in Iraq — and the next president is going to be dealing with not only a triumphant China and a retooled Europe but also the quiet rise of a 'second world.'" [Via The Washington Note.]
posted by homunculus
on Jan 27, 2008 -