Globalisation Flashcards
globalisation - context
•end of cold war and collapse of soviet union (1989)
•together w rapid changes in communications tech, made possible for the spread of free market capitalism which has imposed on many developing countries through structural adjustment programmes and pressure to get debt relief
globalisation - definition
•refers to several connected changes that have made the lives of ppl around the world more global
•includes faster and more frequent communications, more travel, more trade and develop. of global organisations supporting them
•cohen and kennedy (2000) - refers to increasing interconnectedness and interdependency of world nations
•within approach - pos. globalist theories and neg. ones
globalisation - definition in the context of capitalism
•can also mean the globalisation of capitalism/free market, accompanied by democratic freedoms and greater consumerism
•in this sense, gl. strongly supported by neoliberals but opposed by dt and radicals - can be seen as creating greater inequalities within and between nations, as well as greater wealth
alternative globalisation
•if gl. is seen as creating greater inequalities, this is what can be accompanying it
•includes global movements such fair trade, gender equality and human rights, based on ideas that have globalised
•spread of demand for greater political freedoms e.g. arab spring of 2011
•gl. can be seen as having cultural, political and economic dimensions
what is one way of looking at gl.
•as a ‘historical process’
•arguments of globalist theories surround 4 processes
changes in the concept of time and space
•giddens (1990) says this means that communication can take place through tv as if ppl occupied the same space - is pos. abt this interaction
•baudrillard (1998) - tv watcher only watches a representation of a representation (they’re watching a simulation) where the origins of the original event are lost - more sceptical abt the process that ppl can learn anything ‘true’
•marxists - access to tv, internet or even phone in non-existent and mass travel is only available to globalising class so are pessimistic in what develops is a globalising class and a non-globalising class
interdependent economies
•views the globe as a single fully integrated global economy based on the new international division of labour
•arguments here surround increasing power of tnc’s and global ins. e.g. world bank, wto
increasing cultural interaction
•in. consume i dread and experiences from a whole variety of cross cultural sources
increasing shared problems
•unemployment can be caused by events miles away e.g. collapse of dubious lending practices in america led to financial crisis of 2007/8 which impacted many countries including uk
•environmental problems e.g. the climate emergency, exploitation of the wilderness for factory production can help new pathogens emerge causing global pandemics
ev. for economic gl
•there is now a single fully integrated global econ based on new international division of labour (frobel et al, 1980) w growing trade and econ. connections between diff parts of world
•has replaced ‘trad’ divisions of labour that had been est. during colonial period w colonies providing raw materials for industries in colonising powers w industries within colonies being discouraged
the new international division of labour
•new global econ. order said to be produced by factory production moving from the developed world to some developing countries - manufacturing takes place in developing world w goods exported and consumed mainly in the north
•nidl is a result of econ. globalisation
•a useful idea bcs it draw attention to increasing use of cheap lab. in poor countries to produce goods for rich countries
what occurred in the 1970s and onwards
•manufacturing production moved away from developed countries and increasingly to developing countries
•spread of tnc’s and improvement in global travel and communication changed the earlier pattern
why can it be misleading
•term can be seen as misleading - many poor countries still rely heavily on exporting food and raw materials while rich countries still have some manufacturing industries so trad divisions of lab. survives alongside new
ev for econ. globalisation - spread of cap. around the world
•even nominally comm. countries (china, vietnam) have moved away from state control of econ. and allowed cap. businesses
•adoption by many countries of neolib. policies, sometimes under pressure to follow structural adjustment programmes, has extended the market even further into areas that once were under the control of state
ev for econ. globalisation - growth and strengths of transnational corporations
•supply of resources, production and consumption have all been globalised
•giant companies (subsidiaries/franchises) make the same products in many countries using supplies imported from a wide range of diff countries which they then sell all across the globe
ev for econ. globalisation - the way in which tnc’s tend to operate
•george ritzers mcdonaldisation (see wpw notes)
ev for econ globalisation - finance and money markets also being globalised
•financial events in the other side of the world can quickly affect us
•banks and stockbrokers are often transnational operations and money can be moved v quickly around the world
•became evident w the ‘credit crunch’ and recession in 2008 which spread v quickly from one econ to another across the globe - shows how closely econs from diff countries are interconnected
political gl
•some assume that, as capitalism spreads, so will political system of liberal democracy
•around world, no. of lib democracies has grown considerably since early 1990s and there are far fewer dictatorships
•not all pol. systems are ‘free and fair’ w opposition allowed to organise freely but elections are almost always observed by international monitors and procedure to try and reduce bribery, vote rigging etc
•’free and fair’ elections now often a condition if receiving aid
political gl - nation states
•another aspect of it - natjon states become less important compared to TNC’s and global/supernational political entities e.g. eu and at same time local pol. structures
•national govs increasingly face problems that are too big for them to deal w on their own e.g. climate change, pollution, terrorism, drugs trade etc
•big pol. questions now require global decision making - made govs willing to concede some power to international organisations like un and eu, and willing to negotiate agreements w other countries
•neolibs believe nation state death imminent so world can become true single market - argue that adjustment is essential to remain a part of global econ. (privatisation, deregulation, anti corruption drives)