The Dangers of Economic Global

A detailed Summary of The Dangers of Economic Global


In many ways, Orwell?s view of the future has come true. Although we do not live in a world dominated by Communist super-powers, there are many aspects of our society that are prophesied in the book.

Take, for example, the three land masses used in Nineteen Eighty-Four. There is Oceania, which encompasses the Americas and Great Britain, Eurasia, which is Europe and the Near East, and Eastasia, which is the rest of Asia and Australia. These enormous blocks of land could now be said to exist, if not by borders, then by economic boundaries. The North America has free trade policies, as does the European union. These make North America and Europe the most powerful economic centres on Earth. However, the emergence of the Far Eastern economies shows that the world is slowly being divided into the lines that Orwell set.

However, the more that we grow apart, the closer that we come together. The Far Eas


It is for this reason, therefore, that I suggest a world organisation, similar to the United Nations, that controls and regulates the stock markets of the World. If we do this, then every country still has its own market, where prices fluctuate, but we will not have the situation where the fate of a nation can be decided by one person or corporation. Also, this would help stabilise the economies of the Far East, and help protect them from the disastrous crashes that we have seen in the past few years.

t is said to be, ?Westernising?, in that it is taking Western (i.e. Europe and the USA) ideas about economics, and putting them into practice. The success of this can be seen by how much fluctuations in, for example, the South Korean stock exchange affect the markets in the USA and Europe.

This global integration means that we are heading down a dangerous road. Unlike Orwell?s vision of a one-par

Some common words found in the essay are:
Nick Leeson, Unlike Orwells, United Nations, America Europe, , Europe USA, Asia Australia, North America, USA Europe, South Korean, stock markets, north america,

Approximate Word count = 608
Approximate Pages = 2 (250 words per page double spaced)

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