Economic Debate(8)
The following statements summarize a debate between Dr. Chang(*) and "free market economists." Would you correct it? Thank you in advance.
Dr. Chang contends it is necessary to select good foreign investment for the recipient country's point of view. The opponents stresses that to select the investment is same as to suppress it. I think it is more important to sorting out bad and risky investment than to selecting good and profitable one to the economy.
I watched a meaningful TED lecture given by James B. Glattfelder(**) which, I think, has some implications relating to this topic.
Mr. Glattfelder wanted to find out "who rules the world" and focused on transnational corporations(TNCs). Applying network analysis technique, he found:
(1) 36 percent of TNCs make up 95 percent of the total revenue of all TNCs.
(2) 737 top shareholders(about 0.1% of the shareholders) have the potential to control 80 percent of the overall value, and 146 top players have the potential to control 40% of the overall value.
In summary, very small number of people rule the world. So, how to cope with significant systemic risk of the global economy is our task.
* The author of a book titled, "23 Things They Don't Tell You About Capitalism."
** https://www.youtube.com/watch?v=NgbqXsA62Qs
Search from various English teachers...
Corrections · 4
0
Economic Debate(8)
The following statements summarize a debate between Dr. Chang(*) and "free market economists." Would you correct it? Thank you in advance.Dr. Chang contends states that it is necessary to select a good foreign investment for the recipient country's sake point of view. The His opponents stress that to select selecting the investment is the same as to suppressing it. I think it is more important to sorting out the bad and risky investments than to just selecting a good and profitable one to for the economy.
I watched a meaningful TED lecture given by James B. Glattfelder(**) which, I think, has some implications relating to this topic.
Mr. Glattfelder wanted to find out "who rules the world" and focused on trans-national corporations(TNCs). Applying his network analysis technique, he found:
(1) 36 percent of TNCs make up 95 percent of the total revenue of all TNCs.
(2) 737 top shareholders (about 0.1% of the shareholders) have the potential to control 80 percent of the overall value while 146 top players have the potential to control 40% of the overall value.
In summary, a very small number of people rule the world. So Therefore, discovering how to cope with significant systematic risks of the global economy is our task.
* The author of a book titled, "23 Things They Don't Tell You About Capitalism."
** https://www.youtube.com/watch?v=NgbqXsA62Qs
Hope this helps! I was a little confused at first trying to figure out exactly what you were trying to say. I think this would be the most natural way of writing your essay though. I added some spelling corrections and a few words of my own opinion that I felt would go better with the context. You did well! Keep working hard! :)
0
May I condense the following sentense?
737 top shareholders(about 0.1% of the shareholders) have the potential to control 80 percent of the overall value, and 146 top players have the potential to control 40% of the overall value.
0
...
Want to progress faster?
Join this learning community and try out free exercises!
Don’t miss out on the opportunity to learn a language from the comfort of your own home. Browse our selection of experienced language tutors and enroll in your first lesson now!
Start Learning Today
