Chapter 1: Introduction to Globalization Flashcards
What are the Dimensions of Globalizations?
- Globalization as an Economic Process
- Globalization as Political Process
- Globalization as Cultural Process
Dimensions of Globalization
phenomenon involves the increasing linkage of
national economies
Globalization as an Economic Process
Dimensions of Globalization
Subset of issues pertaining to the principle of state sovereignty, the growing impact of intergovernmental organizations, and the prospects for global governance.
Globalization as Political Process
Dimensions of Globalization
Growing network of complex cultural interconnections and interdependencies that characterize modern social life
Cultural Process
What are the definitions of Globalization?
- Economic View
- Political View
- Cultural View
Definition of Globalization
Globalizations means
* fast speed of trade
* global economic organizations
* multinational and transnational corporations
* trade blocs
* free trade
* privatization
* less tariffs
Economic View
Globalization is a challenge to the nation-state
* Strength of regional blocs
* Emergence of global political norms
* Multilateral and bilateral relations among nation-states
* Emergence of corporations
* International laws
* World governance
Political Science
Definition of Globalization
Globalization means
* Establishment “global village”
* “Shrinking world”
* Cultural imperialism
* Borderless world
* Adoption of other cultures
Cultural View
What are the Attributes of Globalization
- Various forms of connectivity
- Expansion & stretching of social relations
- Intensification & acceleration of social exchanges and activities
- Occurs objectively
Attributes of Globalization
- They are diverse (economic, political, cultural, etc)
- They are enabled by various factors, pressures, media, etc.
- They are uneven (different degrees of interconnections)
Various forms of connectivity
Attributes of Globalization
- Regional and international NGOs
- Sister-cities mechanism
- Government associations
- MNCs and TNCs
Expansion & stretching of social relations
Attributes of Globalization
- Door-to-door mail delivery to FB
- messages, IG, Snap Chat, Twitter
- Live TV telecast
- Travel capacities brought about by low airfares
Intensification & acceleration
of social exchanges and activities
Attributes of Globalization
- Think about the world
- Associate ourselves with global trends
- Sense of responsibility
Occurs objectively
What are the six core claims of globalization?
- Globalization is about the liberization and global integration of markets
- Globalization is inevitable and irreversible
- Nobody is in charge of globalization
- Globalization benefits everyone (in the long run)
- Globalization furthers the spread of democracy in the world
- Globalization requires a global war on terror
- Contradicts globalization
- Claims that accounts on globalization are incorrect, imprecise, or exaggerated and everything that can be linked to transnational process is cited as evidence for globalization
Globaloney
What are the three categories for the arguments of globaloney?
- Rejectionist
- Sceptics
- Modifiers
Argument of Globaloney
- Disputes the usefulness of globalizationas sufficiently precise analytical concept.
Rejectionist
Argument of Globaloney
- Globalization a vacuous term, suggesting that it has been used in academic discourse to refer to anything.
Rejectionist
Argument of Globaloney
- Emphasizes limited nature of current globalizing processes.
Sceptics
Argument of Globaloney
- Assumes that globalization is primarily an economic phenomenon.
Sceptics
Argument of Globaloney
- Warns against drawing global conclusions from the argument against the existence of economic globalization
Sceptics
Argument of Globaloney
- Majority of economic activity around the world still remains primarily on financial flows
Sceptics
Argument of Globaloney
- The world economy is not global but one centered on Europe, eastern Asia, and North America.
Sceptics
Argument of Globaloney
- Assumes that globalization is primarily an economic phenomenon.
Sceptics
Argument of Globaloney
- All other dimensions of globalization as reflections of deeper economic processes.
Sceptics
Argument of Globaloney
- Disputes the novelty of the process and proofs
Modifiers
Argument of Globaloney
- Acknowledges the existence of moderate globalizing tendencies
Modifiers
Argument of Globaloney
- Implying that globalization has often been applied in a historically imprecise manner.
Modifiers
Argument of Globaloney
- Argue that the modern capitalist economy in which we live today has been global since its inception five centuries ago.
Modifiers
Argument of Globaloney
- Globalizing tendencies have been proceeding along the continuum of modernization of a long time.
Modifiers
Definitions of Globalization
Triump of a capitalist world economy ties by a global division of labor.
Immanuel Wallerstein
Definitions of Globalization
The compression of time and space
David Harvey
Definitions of Globalization
Processes by which the peoples of the world are incorporated into a single world society.
Martin Albrow
Definitions of Globalization
Intensification of worldwide social relations that link distant localities
Anthony Giddens
Definitions of Globalization
Global cultural process and a product of the infinitely varied mutual contest of sameness and difference
Arun Appadurai
Definitions of Globalization
Form of internalization that implies integration between internationally dispersed economic activities
Peter Dicken
Definitions of Globalization
Internationalizing of production, division of labor, new migratory movements and the competitive environment that accelerates these processes.
Robert Cox
Definitions of Globalization
A rubric for varied phenomena
James H. Mittleman
Definitions of Globalization
Accelerated growth, of economic activity across national and regional political boundaries
Charles Oman