Globalisation

Question 1

Bobbitt

Answer 1

The nation-state has been superseded by the market-state

Question 2

Scholte

Answer 2

Globalisation has resulted in the growth of supraterritorial relations creating a ‘transborder’ character

Question 3

Ohmae

Answer 3

World is becoming a ‘borderless’ world

Question 4

Runciman

Answer 4

Membership of supranational organisations has ‘completely eroded political sovereignty’ and supranational organisations are incollapsable

Question 5

Fukuyama

Answer 5

Globalisation has caused a movement towards democratisation and the extension of liberal democracy

Question 6

Chomsky

Answer 6

Globalisation led to creation of new international elite that controls international development (IMF, UN)

Question 7

Hirst and Thompson

Answer 7

Globalisation good - makes labour more flexible, weakens trade unions and reduces the control of business regulations

Question 8

Pilkington

Answer 8

No market economy is self-sufficient and all economies have been absorbed into an interlocking global market

Question 9

Gramsci

Answer 9

Exploitation of the labour force in the east as a result of industry shift bringing about second inevitable revolution - Capitalist hegemony has spread internationally

Question 10

Wallerstein

Answer 10

Dependency theory of core and periphery (resources flow from periphery to core in order to fuel economic growth)

Question 11

Hertz

Answer 11

Globalisation has led to the ‘corporate takeover’ of government

Question 12

Jean Monnet

Answer 12

Produced the ‘schuman plan’ which stated an integrated Europe would involve the pooling of sovereignty of European states

Question 13

George Soros

Answer 13

Globalisation has led to economic instability and greater regulation is required