The poem Construction (2008) by Aoife Mannix is effective in painting a clear picture of the negative impacts of globalization in the global city. When I was reading this poem I immediately envisioned expansive super tall glass skyscrapers constructed within the past year or so that are catered only to the rich as private residences or luxurious office space. This doubles as an ironic metaphor as they look down on the streets where common people and the poor use everyday. This poem highlights the harmful effects of globalization by relating construction of new large buildings for new inhabitants of the city and deeming this as 'progress' even though the local, struggling population is left behind. The city can claim that the economy is growing as they attract super-rich residents and their respective companies (which do bring in a heavy amount of tax revenue) while the local economy such as that of a family-owned restaurant struggles to meet rent. The grand picture the author is trying to convey, I believe, is that the attraction of rich investors appears to be more beneficial to the city /government than the local population since their money and value differ on such a wide scale, which leads to the inevitable polarization of wealth classes within a global city.
The poem Construction (2008) by Aoife Mannix is effective in painting a clear picture of the negative impacts of globalization in the global city. When I was reading this poem I immediately envisioned expansive super tall glass skyscrapers constructed within the past year or so that are catered only to the rich as private residences or luxurious office space. This doubles as an ironic metaphor as they look down on the streets where common people and the poor use everyday. This poem highlights the harmful effects of globalization by relating construction of new large buildings for new inhabitants of the city and deeming this as 'progress' even though the local, struggling population is left behind. The city can claim that the economy is growing as they attract super-rich residents and their respective companies (which do bring in a heavy amount of tax revenue) while the local economy such as that of a family-owned restaurant struggles to meet rent. The grand picture the author is trying to convey, I believe, is that the attraction of rich investors appears to be more beneficial to the city /government than the local population since their money and value differ on such a wide scale, which leads to the inevitable polarization of wealth classes within a global city.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 6SCQ: Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram...
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Transcribed Image Text:The poem Construction (2008) by Aoife Mannix is effective in painting a clear picture of the negative impacts of globalization in the
global city. When I was reading this poem I immediately envisioned expansive super tall glass skyscrapers constructed within the
past year or so that are catered only to the rich as private residences or luxurious office space. This doubles as an ironic metaphor as
they look down on the streets where common people and the poor use everyday. This poem highlights the harmful effects of
globalization by relating construction of new large buildings for new inhabitants of the city and deeming this as 'progress' even
though the local, struggling population is left behind. The city can claim that the economy is growing as they attract super-rich
residents and their respective companies (which do bring in a heavy amount of tax revenue) while the local economy such as that of
a family-owned restaurant struggles to meet rent. The grand picture the author is trying to convey, I believe, is that the attraction of
rich investors appears to be more beneficial to the city /government than the local population since their money and value differ on
such a wide scale, which leads to the inevitable polarization of wealth classes within a global city.
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