THEORIES OF GLOBALIZATION Flashcards
why did globalization studies emerge?
- The emergence of a globalized economy involving new systems of production, finance, and consumption and worldwide economic integration.
- New transnational or global cultural
patterns, practices, and flows, and the
idea of ‘global cultures. - Global political processes, the rise of new
transnational institutions, and
concomitantly, the spread of global
governance and authority structures of
diverse sorts. - The unprecedented multidirectional
movement of peoples around the world
involving new patterns of transnational
migration, identities and communities. - New social hierarchies, forms of
inequality, and relations of domination
around the world and in the global
system as a whole
what are the two broad categories of research in globalization
studying specific problems or issues as they relate to globalization
studying the concept of globalization itself
what is the first theory about the history of globalization
It is a process that has been going on since the dawn of history, hence a 5,000–10,000 year time frame.
what is the second theory about the history of globalization
It is a process coterminous with the spread and development of capitalism and modernity, hence a 500 year frame.
what is the third theory about the history of globalization
It is a recent phenomenon associated with such processes of post-industrialization, postmodernization, or the restructuring of capitalism, hence a 20–30 year frame.
views globalization not as a recent phenomenon but as virtually synonymous with the birth and spread of world capitalism, c. 1500.
world system theory
who is the proponent of the world system theory
Immanuel Wallerstein
the powerful and developed centers of the
the system, originally comprised of Western Europe and later expanded to include North America and Japan.
core
regions that have been forcibly subordinated to the core through colonialism or other means, and in the formative years of the capitalist world, the system would include Latin America, Africa, Asia, the Middle East, and Eastern Europe.
periphery
comprised of those states and regions that were previously in the core and are moving down in this
hierarchy, or those that were previously in the periphery and are moving up.
semi-periphery
- this theory sees globalization as a novel stage in the evolving system of world capitalism
- they believe that TNPs (transnational practices) emerged in globalization
theories of global capitalism
what are the 3 levels of TNPs
the economic
the political
the cultural
level whose agent is transnational capital
the economic
level whose agent is a transnational capitalist class (TCC)
the political
level whose agent is cultural elites
the cultural-ideological
brings together several social groups who see their own interests in an expanding global capitalist system
TCC (transnational capitalist)
according to Robinson (2003, 2004), what are the three planks involved in the theory of global capitalism
transnational production
transnational capitalists
transnational state
this is the transition from a world economy to a
global economy
epochal shift
a loose network comprised of supranational political and economic institutions together with national state
apparatuses that have been penetrated and
transformed by transnational forces
transnational state (tns)
it is not the logic of the capitalist development but that of technological change that is seen to exercise underlying causal determination in the myriad of processes referred to as globalization.
the network society