BUSM4559: Identify the key ideas presented in the media article as they relate to concepts of work and employment raised in course lectures and readings: Work in a Global Society Assignment, RMIT, Singapore

University The Royal Melbourne Institute of Technology (RMIT)
Subject BUSM4559: Work in a Global Society

For this assignment, there are 4 media articles which requirements as mentioned below:

*Identify the key ideas presented in the media article as they relate to concepts of work and employment raised in course lectures and readings;

*Identify the benefits and/or challenges workers to confront in the article, and how these connect with the course readings for the topic;

*Reflect as a manager or policy maker and explain how appreciating worker interests as identified in the media report might contribute to certain actions by you to address it

Topic 2 – Globalisation, Outsourcing, and Offshoring

Previous Topic
• Post War rise of democratic capitalism
• Break up of settlement between capital and labor
• Privatised Keynesianism
• Rise of the market
• Rising inequality
• Political outcomes
• Outcomes for workers, business and community

Objectives

•Examine the corporation’s changing shape in the 20th and 21st century
•Analyse the relationship between this and outsourcing and offshoring and the impact on work and jobs
–Case study: Zara
–Case study: Pyramid subcontracting in Singapore

Topic 3 – Industrialisation, Deindustrialisation, and Regeneration

Last Week
• The changing nature of the corporation
• Outsourcing, offshoring, and franchising
• Financialisation
• Work and employment outcomes
• Inequality

Objectives
• Explore Australia’s developmental trajectory
• Analyse the impact of this trajectory on business, workers, and communities
• Case studies
Burnie, Tasmania
Detroit
• Industrialisation of Southeast Asia

Topic 4 -Technological Change and the Future of Work

Lecture 1 (Foundation lecture: The 3 significant developments)

– The crisis of democratic capitalism (when capitalism goes unchecked?)
– Imagine a runaway high-speed train ..
– The rise of income inequality
– The world’s richest 1% now owns 43.4% of the world’s wealth
– The changing relationship between business, government, and employees
– Tension between gov, biz, and people

Lecture 2 (Activities undertaken by corporations for profit-making)
– Outsourcing, offshoring, franchising & their impact on jobs

Lecture 3 (Consequences of human progress)

– Industrialization & “de-industrialization”
– Consequences of “de-industrialization” (before economic restructuring)
– Result: The changing world order (amplified by the impact of the pandemic)

Topic 5 – Workers and Dignity at Work

Lecture 4 Technological change and the future of work
1. The 3 concepts of technology-driven organizations/society:
– Technology determinism: That technology determines the flow and structure of an organization or a society
– Technocracy: That technology can solve all problems
– Technology imperative: That society must embrace and foster technological innovations without hesitation
2. In reality, a company that use any form of technical solutions practices a combination of these 3 elements in different proportion & degree.
3. If technology is socially determined, will we have a better society? China’s quest for responsible technology (developing story).

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