Boom, Bust, Exodus PDF ePub eBook

Books Info:

Boom, Bust, Exodus free pdf In 2002, the town of Galesburg, a slowly declining Rustbelt city of 34,000 in western Illinois, learned that it would soon lose its largest factory, a Maytag refrigerator plant that had anchored Galesburg's social and economic life for decades. Workers at the plant earned $15.14 an hour, had good insurance, and were assured a solid retirement. In 2004, the plant was relocated to Reynosa, Mexico, where workers spent 13-hour days assembling refrigerators for $1.10 an hour. In Boom, Bust, Exodus, Chad Broughton offers a ground-level look at the rapid transition to a globalized economy, from the perspective of those whose lives it has most deeply affected. We live in a commoditized world, increasingly divorced from the origins of the goods we consume- it is easy to ignore who is manufacturing our smart phones and hybrid cars- and where they come from no longer seems to matter. And yet, Broughton shows, the who and where matter deeply, and in this book he puts human faces to the relentless cycle of global manufacturing. It is a tale of two cities. In Galesburg, where the empty Maytag factory still stands, a hollowed out version of the American dream, the economy is a shadow of what it once was. Reynosa, in contrast, has become one of the exploding post-NAFTA "second-tier cities" of the developing world, thanks to the influx of foreign-owned, export-oriented maquiladoras-an industrial promised land throbbing with the energy of commerce, legal and illegal. And yet even these distinctions, Broughton shows, cannot be finely drawn: families in Reynosa also struggle to get by, and the city is beset by violence and a ruthless drug war. Those left behind in the post-Industrial decline of Galesburg, meanwhile, do not see themselves as helpless victims: they have gone back to school, pursued new careers, and learned to adapt and even thrive. In an era of growing inequality and a downsized middle class, Boom, Bust, Exodus gives us the voices of those who have borne the heaviest burdens of the economic upheavals of the past three decades. A deeply personal work grounded in solid scholarship, this important, immersive, and affecting book brings home the price and the cost of globalization.

About Chad Broughton

Chad Broughton is Senior Lecturer in Public Policy Studies and Faculty Director of the Chicago Studies Program at the University of Chicago.

Details Book

Author : Chad Broughton
Publisher : Oxford University Press
Data Published : 15 January 2015
ISBN : 0199765618
EAN : 9780199765614
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 408 pages
Age + : 15 years
Language : English
Rating :

Reviews Boom, Bust, Exodus

17 Comments Add a comment

Related eBooks Download

  • Thailand's Boom and Bust free pdfThailand's Boom and Bust

    Completely revised since its first publication in 1996. this book is about the transformation of a country over one roller-coaster decade. It is about the economics of boom and bust..

  • Occupy the Solution Not Wall Street free pdfOccupy the Solution Not Wall Street

    The development of physical productive forces is not cyclical. but we have a macroeconomic system that follows boom-and-bust cycles. If the development of physical productive power behaves in a boom-and-bust cyclical pattern..

  • The Lost City of the Exodus free pdfThe Lost City of the Exodus

    When the first archaeologists visited Egypt in the late 1800s. they arrived in the eastern Nile Delta to verify the events described in the biblical Book of Exodus. Several locations believed to be the city of the Exodus were found but all were later rejected for lack of evidence..

  • Economy/Society free pdfEconomy/Society

    This long-awaited second edition of "Economy/Society Markets. Meanings. and Social Structure" continues to offer an accessible introduction to the way social arrangements affect economic activity. and shows that economic exchanges are deeply embedded in social relationships..

  • The Global Curse of the Federal Reserve free pdfThe Global Curse of the Federal Reserve

    Foreword by Alex J. Pollock. resident fellow at the American Enterprise Institute. Washington DC. USA. He was President and CEO of the Federal Home Loan Bank of Chicago from 1991 to 2004 and is the author of Boom and Bust (2011)..

  • Boom, Bust, Exodus free pdfBoom, Bust, Exodus

    Free Book Apps. In 2002, the town of Galesburg, a slowly declining Rustbelt city of 34,000 in western Illinois, learned that it would soon lose its largest factory, a Maytag refrigerator plant that ha