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Tag: globalization

Resource Dependent Communities in a Globalizing World

Posted on April 19, 2011April 8, 2011 By Bluegrass Blue Crab
Uncategorized

perhaps the most notorious New York City bankers, Bernie Madeoff, thewrap.com

All people are still dependent on natural resources, but centuries of development complete with urbanization and globalization have removed a large proportion of the world’s population from the production of those natural resources both physically and psychologically. Take, for example, a New York City investment banker. He gets up in the morning, puts on his suit, grabs his coffee and bagel to go, and takes the subway to work where he will trade shares of largely transnational companies. However, each step of his day is connected to and supported by a network of natural resource-based communities: one in India that grew and spun his suit, one in Columbia that grew his coffee, one in North Dakota that grew the wheat for his bagel, and countless others that produce the raw materials for the company he trades. This process of separation means that natural resource dependent communities face both forces of marginalization and empowerment.

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