Globalization Flashcards
What is globalization and why is this concept so difficult to understand? To what particular
forms of integration and changes are we referring when we invoke the concept of
‘globalization’?
What technological breakthroughs powered the Information Revolution of the 1980s?
Why was the container revolution so historically significant and facilitate decentralized
production?
What five interwoven revolutions created the potential for global capitalism during the 1980s
and paved the way for the creation of the WTO?
Why did the world reach a consensus concerning neo-liberal reforms during the 1990s?
Why did the champions of neoliberal reform see it as a morally superior system ?
What exactly is the WTO? who are its architects, and what were their motives in designing this
system?
How has globalization over the last two decades had an uneven effect on different world
regions?
Who are the winners and who are the losers of global market integration since 1995 ?
Why does the WTO not promote ecological sustainability despite paying lip service to it?
How
does the concession system work and how has neo-liberalization impacted ecological footprint
of the global economy?
On what basis might the post-1995 WTO world be described as corporate governance? In what
ways does the empowerment of transnational corporations threaten democracy?
How does our unawareness of people like Dick Fuld illustrate how in the modern system
ordinary people have little control over the forces shaping their lives?
How have the poor, subsistence farmers in the ‘Third World’ fared with globalization? Why
have many anti-globalization activists argued that free trade is not fair trade?
How does the digital revolution and national economic integration spark conservative reaction
among local groups, religious conservatives and stakeholders of the old production model?
