10 Questions
What is the main consequence of the destruction of India's public food system, according to the text?
Increased poverty for the 99.9%
What is the main argument made by Thomas L. Friedman's book 'The World Is Flat'?
The world is becoming flatter
What is the main point of Vandana Shiva's article 'The Polarised World of Globalisation'?
Globalization has polarized the world
What is the main theme of Richard Florida's article 'The World Is Spiky'?
The world is becoming more spiky
What is the main challenge in determining whether the world is flat or spiky?
Different regions have different perspectives
What is a likely consequence of economic globalization, according to the text?
A further concentration of wealth among the 0.1%
Which group is most likely to be affected by the destruction of India's public food system?
The 99.9%
What is a possible implication of the polarization of wealth in a globalized economy?
A further exacerbation of income inequality
Who is most likely to benefit from the destruction of India's public food system?
Big agriculture businesses
What is a consequence of the concentration of wealth among the 0.1%?
A further polarization of wealth
Study Notes
The World: Flat or Spiky?
- The world's economy is a subject of debate, with some arguing it's flat and others claiming it's spiky.
- Richard Florida's view is that the world is spiky, with economic inequality.
Economic Inequality
- A small number of cities and regions are driving the world economy, causing them to grow richer.
- Meanwhile, the areas left out continue to get poorer.
- The 10 largest U.S. cities have a larger economy than nearly any country on Earth.
Urbanization
- Today, up to 50% of the world's population live in cities, compared to 3% in 1800.
- Urban areas have far more wealth than areas with fewer people.
Global Economy
- The global economy is not flat, with surprisingly few regions truly mattering.
- New York's economy alone is about the size of Russia's or Brazil's.
Consequences of Inequality
- A spiky world brings danger, with a serious divide across the globe.
- Inequality is creating a political push against globalization.
Globalization
- India's public food system was destroyed to create markets for big agriculture businesses.
- The world of the 99.9% has grown poorer because of economic globalization.
Different Perspectives
- One's region, gender, age, and economic standing may shape how they view the topic.
- Considering these factors can help decide on a clearer answer to whether the world is flat or spiky.
Test your knowledge on Richard Florida's concept of a 'spiky' economy, which argues that the world is not flat and that economic inequality is prevalent. Learn how a small number of cities and regions are driving the global economy, while others are left behind.
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