1. Civilization Timeline (all dates estimations)
Hunting-Gathering
195,000 – 10,000 BC
Agricultural
Revolution
~10,000 BC
Industrial
~1750/ Computer Revolution
s, 1980s, 1995
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2. Computer Revolution (1930s-40s, 1970s, 1990s)
Computers and Globalization
Computing Power
Ease of travel
Ease of global finance
Communications
Ability to communicate instantly
Ability to communicate globally
Information
Ability to share large amounts of
information with anyone, anywhere
Global spread of technology

3. Impact of Globalization and Technological Change Late 20th-early 21st Century
Marxism vs. Capitalism: Capitalism Won
Collapse of USSR and communist allies
East Asian strategy success: Accept Globalization
Rapid Growth in Developing World
Rise of China and India
Slower Growth in Industrial World
Decline of manufacturing?
Competition or Technology?
Great Recession sharpens the new argument:
Liberal Capitalism vs. State Capitalism

4. Share of World GDP, 1-1600 Angus Maddison Data
Light Blue: Europe
Dark Blue: US
Green: Middle East

5. Share of World GDP, 1-1950 Angus Maddison Data

6. Share of World GDP: 1-2008 Angus Maddison Data

7. Wealth in the Developing World: Extreme Poverty Rates World Bank Data

8. Wealth in the Developing World; Slower Growth in Industrial World GDP Growth By Region 2015 From The Economist

9. Comparing Continents

10. Good News; Bad News

11. US: Percent of Labor Force by Sector

12. US Data

13. Sources for Previous Slide on US
Louis Johnson. “History lessons: Understanding the decline in manufacturing” Minnesota Post. 2/22/12https://
1840–1900: Robert E. Gallman and Thomas J. Weiss. "The Service Industries in the Nineteenth Century." In Production and Productivity in the Service Industries, ed. Victor R. Fuchs, New York: Columbia University Press (for NBER), 1969.
1900–1940: John W. Kendrick, Productivity Trends in the United States. Princeton: Princeton University Press (for NBER), 1961.
1950–2010: Bureau of Economic Analysis, National Income and Product Accounts.

14. Manufacturing in Industrial World

15. Results of Change Growth in developing world Industrial World Trade
Manufacturing growth
Integration in world economy
Success of economies with greater state intervention?
Industrial World
Decline in manufacturing
Shift to services/technology
Political Result: Rise of Populism

16. Globalization vs. Populism: US and Europe turn Against Globalization
“Trump prepared to hit China with $ billion in annual tariffs” Washington Post, March 19, 2018

17. China Champions Globalization (with limits: state intervention)

18. US Out of TPP; CPTPP Lives On Trans Pacific Partnership becomes Comprehensive and Progressive TPP