Today's class will transition our focus from the unit question on state legitimacy to a multi-day exploration on economic growth and rising inequality. We'll look at export-led growth and the new social contract that emerged after 1989.
Use the following online tool from MIT (external link) to examine China’s exports to the United States in the following years.
For each date, make a note of the total amount of exports from China to the United States and the composition of those exports. Then, consider:
Analyzing the impact and interests of foreign investors:
We will watch an 11-minute clip from Frontline: “Is Wal-Mart good for America?” (the clip is called “China’s view of Wal-Mart”) produced in 2004.
As we watch, take notes from the perspective of one of the following roles: (a) U.S. Secretary of Commerce, (b) the Chinese Minister of Commerce, (c) the CEO of Wal-Mart. Pay attention to the pros and cons of Wal-Mart’s involvement in China from your perspective.
In the discussion that will conclude our class, we will stay with our roles to consider: