Globalising Flashcards
Globalising
Production and financial structures becoming interlinked by increasing cross-border transactions
Economic Globalisation
Increasing flows in capital and technology, businesses yield more power than governments
Political Globalisation
Expansion of political relations and interdependences
Cultural Globalisation
Expansion of cultural norms/flows, influences use of language, religion, media, food, fashion
Ecological Globalisation
Compression of natural environment as a result of global connections, requiring global collaboration and solutions (eg. deforestation, global warming)
Ideological Globalisation
System of beliefs working collectively to support a social system
Market Globalisation
Integration of markets, furthering democracy, leaderless
Justice Globalisation
Globalisation is powered by corporate interests, but alternative pathways that help climate, energy, inequality exist
Globalisation across the Pacific
1st Wave: Foreign managers and labours entered to take advantage of coconut, sugar
2nd Wave: Free trade, e-commerce of resources