Globalization Flashcards

1
Q

is the continuing world-wide economic integration, recently facilitated by emerging information technologies. (Thomas Friedman)

A

Globalization

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2
Q

is the belief that institutions adversely affect national interest, make the country subservient to multinational corporations.

A

Protectionism (Economic Nationalism)

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3
Q

accuses international institutions for being undemocratic, ignoring environmental issues, promoting unjust labor practices, increasing inequality and further impoverishing the poor. (Sylvain Ehrenfield)

A

Anti Globalists

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4
Q

5 Ethical Implications of Globalizations

A
  1. Moral Codes
  2. Human Rights
  3. Labor Practices
  4. Environmental Concerns
  5. Economic Inequality
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5
Q

Ethical Issues related to Labor Practices (3)

A

o Exploitation of Workers

o Sweatshops and Working Conditions.

o Fair Wages and Labor Rights

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6
Q

3 Environmental Concerns

A

o Climate Change and Resource Adaptation

o Pollutions and Environmental Degradation

o Sustainable Development

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7
Q

3 Issues in Economic Inequality

A

o Wealth Concentration

o Global Poverty

o Redistribution of Wealth

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8
Q

5 Practical Ethical Applications

A
  1. Corporate Social Responsibility
  2. Fair and Ethical Trade
  3. Global Governance and Ethical Frameworks
  4. Transparency and Accountability
  5. Cultural Sensitivity and Universal Ethics
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9
Q

the bare facts that there are many sets of beliefs and practices.

A

Pluralism

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