Unit20: Globalization, Finance, Covid, and their impact on the World of Work (and the Job Market):
Intro:
In the wake of the transition from a manufacturing-based economy to a service-based economy - thanks to the digital revolution - and the economic crisis, the world economy has been faced with a number of challenges, not to mention the Covid-19 pandemic. Here we will try and study a few of these issues and reflect on the causes and the consequences of the various crises the world has been confronted with.
Survival kit:
Download this file and add whatever you think is interesting.
Step1: "New" phenomena in the world of work: companies and employees adjust to economic challenges and a post-Covid world:
-
Doc1a: "Hybrid work and how Covid has changed the world of
work"
"Hybrid work is now the norm for the world ahead", Forbes
"And the word of 2022 is ... Hybrid work", The Economist
- Doc1b : Quiet-quitting (and the "Great Resignation"):
Definition of quiet-quitting +
The Great Resignation
(Investopedia)
- Doc1c: "Welcome to the YOLO economy" - EM Lyon 2021 (The New York Times)
- Doc1d: "5 clever ways companies are helping their employees fight burnout", The Washington Post
"The GooglePlex", HowStuffWorks
-
Doc1e: a case in point: "Spotify is America's Most Loved Workplace”
- Doc1f: "The Great Resignation" (IENA document/2022)
- A few other articles on key notions (workaholism and burnout):
"My name is Tim... I'm a workaholic", The Guardian
"Definition of burnout", Investopedia
"Americans: the overworked people", CNBC
Step2: The fallout from "Permacrisis" and Globalization on the economy:
- "Permacrisis", Covid, and the economic crisis:
A year of "permacrisis" (cf 2022 highlights + words of the year)
The plight of unemployed people:
The
Ax, by Donald Westlake (doc2a + doc2b ---------------------------->)
2. Globalization: its advocates and critics:
Main facts (Encyclopedia)
The New York Stock Exchange (official website)
"Wall Street News", Bloomberg
The Trader, by Rupert Morgan (doc2c)
Occupy Wall Street (official website)
"Stéphane Hessel, writer and inspiration behind Occupy Wall Street, dies at 95", The Guardian
World economic inequality, Vox
"Where do the wealthiest 1% live?", The BBC
Step3: The US and the UK economies now:
- The US economy now:
- The US-China trade war (Doc3a: Océane and Déborah's oral presentation):
"Who won the US-China trade war?" (The Wall Street Journal)
"What's at stake for the top 2 world economies as Biden and Xi meet", CNN"US-China relations in the Biden era: a timeline" (China Briefing)
"China hits back at US chip sanctions with WTO dispute", Financial Times
"Biden neglects US-China Trade War", (Foreign Policy)"The Future of the USA-China Trade War" (e-ir.info)
- Recent union wins in the US:
"Recent union wins at Amazon, Starbucks and more", Reuters Doc3b
- The crisis of Coinbase: NPR
2. The UK economy now:
- The Brexit aftermath: cf Unit15
"Brexit fallout has permanently damages UK economy", says former bank official", iNews Doc3c + Unit15
- Rishi Sunak, Strikes and "the winter of discontent": cf Unit6+Unit15
"Winter of discontent? Rail strikes hit UK as unions ramp up industrial action", Euronews Doc3d + Unit15/Unit6 EC1 2022 2023"Britain's profound economic crisis gives Rishi Sunak only unpleasant choices", CNN Doc3d (follow-up)
"Record numbers of working families in poverty due to low-paid jobs", The Guardian
Go further:
- Extra resources:
"How the recession reshaped the economy", NY Times
"28 maps that explain the global economy", Vox
- General knowledge:
Indignez-vous: extraits choisis, L'Express
- A few games to practice!
Vocabulary game1 (eclectic English)
Vocabulary game2 (a bit more difficult)
Verbs used to discuss graphs (Eclectic English)
A few graphs or charts for you to describe (Eclectic English)
Quizlet games created by a former student:
Programme de révisions pour la colle de la semaine du 23 janvier
- voc + cours Unit20
- recap Unit20
- Verbes irréguliers E-L
- Quantifieurs + Structures causatives S1V1S2(to)V2 cf cours, petit carnet, thèmes grammaticaux et corrigés