The world has become increasingly integrated and interconnected with regards to trade and finance due diminishing barriers between borders. As a result, economic globalization can be considered as a vehicle that works well for economic and technological advances. However, it can also be a threat to the economic and socio-cultural values of a nation. The economic crisis has hit many nations of the world, including the United States. Many people are finding it hard to cope with the ever-rising standards of living and inflation rates, whereas the wages of those employed have generally remained the same. Stagnant wages that have persisted for the past decades are increasingly causing people to worry about their lives in the future. For many who are unemployed, life is getting harder by the day with the diminishing job opportunities. As a result, this phenomenon has ultimately made many people adjust their American dream, and even lose their faith in it. “The Internship” is a movie that puts these current economic issues in perspective, albeit in a humorous manner. In this paper, with the guidance of the movie, I will argue that the hard economic times have shattered the American dreams for many people. Secondly, I will show the hardships that the so-called “Generation Y”, which is the young people of today, has to endure in order to get employed. From the movie, I will illustrate how the current economic conditions have affected the lives of many pepole, both the old and the young. Globalization The world today is in a position where everyone and everything is highly integrated and interconnected; meaning that every country in the world today is exposing itself to the existence of a global system. Globalization is not a new phenomeno... ... middle of paper ... ...e destruction refers to an occurrence when “the opening up of new market, foreign or domestic, and the organizational development … incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one (Cox, 2014)”. “The Internship” interprets this concept by showing Billy and Nick’s circumstance, where smartphones are replacing watches as well as the protagonists’ jobs. Nevertheless, creative destruction can be a double-edged sword. On one side, it can create new jobs for people with the right skill sets and qualifications, and it can also make our daily tasks a lot easier due to technological innovations. On the other side, it can put some people at a great disadvantage. As evident in the movie, people who have subordinate qualifications, like Billy and Nick, are laid off due to downsizing of the company.
In Caroline Porter’s article “Millennials Face Uphill Climb,” the author talks about the U.S. work market for individuals from the Millennial era as of September 30, 2013, concentrating on the expense of school, understudy advances, middle compensations, and the monetary conditions that have brought about changes to the U.S. workforce. With educated and formal diction that creates a negative tone, Porter hopes to reach her audience of Millennials to inform them about how employment has changed.
Globalization is the shift toward a more integrated and interdependent world economy (Hill, 2005). Globalization has several different areas including the
If we scale our way up to two thousand feet we find people working towards graduate degree just to get a job we are selling our souls to society to be claimed as a successful people as we keep scaling the mountain we find people getting their degrees based on job promotions or job security. The avalanche is an accumulation of debit that we accrue by taking out school loans at an interest rate that increases our debt at an expedited rate. Millennial’s socialized to love and embrace the technological boom marketing to the millennial populace is based heavily on reified conceptual drawings passed off as innovation and exuberant brilliance. The millienal’s American dream is unachievable because we have to have a society whispering spells into our ears to be highly educated, live in absolute luxury and being extremely
America’s youth is struggling to find success because they are suffering from an economy that was severely damaged by the previous generation. In many instances older generations insist that the reason young people are struggling to survive and succeed in today's economy is because millennials and those belonging to Generation Z are lazy and do not want to work hard in order to achieve their dream, or it is that those youths feel as if they are entitled to success so they complain when they do not have opportunities and jobs handed to them. In reality, the lack of success for the youngest two generations does not have to do with an attitude problem, but rather with an economy that is struggling to survive due to the actions of previous generations. According to Hardin and lifeboats ethics, there is a large divide between the rich and the poor and there is not a solution to decreasing that divide that would result in the survival
With the economic recession prevalent in the United States, the job market is malaise. Many young adults, including Cody Preston and Justin Randol, have become unemployed and been forced to take menial, inept, and low-paying jobs. The unemployment rate has skyrocketed in the past few years exceedingly affecting the young adult population. The personal issue of economic struggles seemingly correlates to the bigger problem. Personal troubles become societal problems and the economic recession is a huge topic of politics and societal matters. Alike the recession in the early 80’s, history has begun...
John Baylis, Steve Smith and Patricia Owens define globalisation as “mostly simply [or simplistically!] defined as a process of increasing interconnectedness between societies such that events in one part of the world increasingly have effects on peoples and societies far away. A globalized world is one in which political, economic, cultural, and social events become more and more inter connected, and also one in which they have more impact” (John Baylis S. S., 2014, p. 9).
Every high schooler has the opportunity to look back at there high school career 20 years after graduation and ask the question “Did I change the status quo in high school?” Seth Godin suggests that everyone has deep within themselves a desire to change the status quo. High school students are no different, the millennial generation still wants to change the status quo as much as every other generation they are just utilizing a different set of tools. In the past high schoolers have depended the industrial system of changing the status quo; working harder than anyone else. The problem is that the industrial system relies on an increase in talent and an increase in hard work, but we have run out of both. Godin suggests that the business world has already made the change from industrialism to the idea of tribes. High schoolers ought to make a shift from doing more and working harder to working in student-led groups.
Of these traits, a small handful could be considered core qualities of globalization. According to Steger, these qualities include “the creation of new social networks and the multiplication of existing connections”, “the expansion and the stretching of social relations”, “the intensification and acceleration of social exchanges”, and “ involves both the macro-structures of a ‘global community’ and the micro-structures of ‘global personhood’” (14-15). Steger utilizes these concepts to offer a short, working definition that reads “Globalization refers to the expansion and intensification of social relations and consciousness across world-time and world-space” (15). One last vital factor to keep in mind is that globalization, by its very nature
The term ‘globalization’ was referred by Hussein Mutalib in his studies as “the process of further integrating the global community into an inter-dependent, border-less world through means such as capital, exchange, production and information flows” (Mutalib, 2002). In essence, globalization includes: (a) economic globalization; (b) political globalization, (c) socio-cultural globalization and (d) world opinion on various issues and agendas that call for universal action (Mutalib, 2002).
Kai-Fu Lee, the founder of Sinovation Ventures, describes artificial intelligence as a “decision engine that will replace people and exceed those of humanity.” Artificial intelligence is considered a “decision engine” which can retrieve data, a technical skill applied in traditional companies such as banks and insurance firms. Therefore, artificial intelligence can replace certain customary jobs, which are geared for the upcoming generation of college students after they complete their college degree. In response to AI replacing current jobs, Michael Hobbes’ article Generation Screwed,” mentions that millennials are uncertain about their future prospects, since there is a disproportional relationship between low salaries and high cost of living. The jobs offered to millennials offer a minimum wage of $8.00 to $9.00 per hour, which is insufficient to pay for rent, electricity, and healthcare. Therefore, many millennials pursue a college degree in hopes for a suitable job with a high salary to meet their necessities. However, many college students struggle to find a job or internship which pays for their high cost of living. According to Hobbes, he mentions that a university diploma is a prerequisite for a low-paying job or internship, which each student is competing for after college. Therefore, jobs act as a “gamble” in which a whirlpool of
Globalization can briefly be defined as ‘something’ that affects and changes the traditional arrangements of the state system. It is a term that directly implies change and therefore is a continuos process over a long period of time as compared to quickly changing into a wanted or desir...
However, there are key traits that are agreed upon by many, if not most, researchers in the field. There are two key traits that are relevant for the current paper. The first trait is that globalisation transcends traditional boundaries. For example, Mohammad Abed-Aljabbari defines globalisation as system that ‘extend[s] a culture and transferring it to other countries’ . This means that what was historically confined to a specific culture is readily available and easily transferred between countries. Culture may refer to traditions, or the culture of learning and even the culture in which organisations are run. The second trait that is commonly found in the defining of globalisation is that it enhances interdependence between nations. Flanagan, Kugler, and Frost (2011) aptly coined the hustle and bustle that is created by globalisation as the ‘process of growing international activity’ . The emphasis on the growth of a porous, unrestricted, and broad-reaching collaborative process allows us to reconcile with the fact that countries depend on each other extensively in order to progress. This, as will be presented later, comes with opportunities and challenges on its own. Thus, even when the definition of globalisation is yet to be perfected, it is clear that the term is referring to the phenomenon that encompasses the transcendence of traditional boundaries which leads to an interdependence between nations for
The film The Internship is the story of Billy McMahon (played by Vince Vaughn) and Nick Campbell (played by Owen Wilson) who lose their jobs as salesman when the company they work for closes down. They then manage to get internships at Google in an attempt to reinvent themselves and to eventually get jobs at Google. The only problem is that Billy and Nick are going to Google which is a technology giant but they themselves do not have any tech skills which makes them unsuitable for the internship. One of the people working at Google who are helping to select candidates for the internship then convinces the company to give these two men a chance. When Nick and Billy arrive at Google for their summer internship they find themselves in
Multiple technological advances have contributed to the advent of globalization, making it a reality in different ways across the globe, but globalization is sustained, in large part, by its mutually beneficial relationship with the interdependence theory. Globalization’s spread across the globe has not only forced nations to depend on each other or risk being left behind, but it has also effectively discarded the notion that national polities function as bounded or closed systems.
Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)