Reference no: EM132491251
The worldwide network of social relations and labor activities involved in the creation, distribution, consumption, and disposal of a commodity
Social relations: labor, capitalists, nation-states, and consumers; society/nature
Labor activities: product design and financing; capture/extraction/cultivation of raw materials; processing; transportation; distribution/sale; purchase/consumption; and disposal
Impacts: socioeconomic, political, environmental
Questions
Question 1: Discuss about Global culture of capitalism/global commodity chains
Question 2: Discuss about Karl Polanyi's Paradox
Question 3: Discuss about Negative externalities
Question 4: Discuss about Internalizing negative externalities