Chapter 1: 6 Core Claims

Question 1

What are the 6 core claims of Globalization?

Answer 1

1. Globalization is about the Liberalization and Global Integration of Markets
2. Globalization is Inevitable and Irreversible
3. Nobody is in Charge of Globalization
4. Globalization Benefits Everyone
5. Globalization Furthers the Speed of Democracy in the World
6. Globalization Requires War on Terror

Question 2

In other words, the concrete outcomes of market interactions are neither intended nor foreseen…

Answer 2

Globalization is about the Liberalization and Global Integration of Markets

Question 3

Despite the presupposition that the market is based on independent intersubjective decisions…

Answer 3

Globalization is Inevitable and Irreversible

Question 4

” The great beauty of globalization is that no one is in control. The great beauty of globalization is that it is not controlled by any individual, any government, any institution”- Robert Hormats

Answer 4

Nobody is in Charge of Globalization

Question 5

Economic growth and progress in today’s interdependent world is bound up with the process of globalization

Answer 5

Globalization Benefits Everyone

Question 6

The globalist claim is anchored in the neoliberal assertion that freedom, free markets, free trade and democracy are synonymous terms.

Answer 6

Globalization Furthers the Speed of Democracy in the World

Question 7

According to Griswold,” an essential part of any plan to establish freedom in Iraq should be a commitment to a free market and the institutions that support it…”

Answer 7

Globalization Requires War on Terror