Globalization - Globalization - What is globalization?...

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Globalization - What is globalization? (Scholte) o Deterritorialization: reduction of importance of space, boundaries o Internalization: cross-border flow of goods, people, investment o Liberalization: reduction of barriers to movement of trade, investments, and people o Universalization/westernization: “What is western is good, anything else is bad” Western culture= universal culture Roots in Europeanism- belief in converting the world West: largest military and most stable economy is known as hegemonic stability theory (HST), which then becomes the standard Globalization: rise of a power or empire; believes there must be a hegemony (also viewed as the world police)
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- Unipolar structure - Creation of a global society, also viewed as a westernized society - ** Global industrialism or globalization is the impact of industrialization and its socioeconomic , political, and cultural consequences on the non-industrialized societies of the world Industrial Versus Non-industrial Weaker power, contests for top power Hegemony shares advanced technology Hegemony sits in a position of power Power Transition Theory by: Organski
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- Theoretical Approaches o Modernization Theory (Rostow) 5 stages World’s Model 1 st : United States, 2 nd: : Post Communist countries, and 3 rd world: Non-industrialized Criticisms: Time dependent Highly subjective Linear o Dependency Theory Imperialism: colonizing o World Systems Theory Composed of: Core o Western Peripheral o Developed, industrialized Develop ed Industrial Non-industrial: 70% of the world
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Semi peripheral societies o Slightly industrialized - 80% of the world’s countries control 20% of the world’s worth o Haves versus the have not’s - When did Globalization start? o By these definitions, arguably ongoing since the beginning of time- there have always been cultures influencing other cultures o Westernization, arguably from 16 th century colonization, development of modern economies - How is this phase of Globalization different from others? o Rapidity of change o “Breakthroughs” in mobility of factors Advanced technology o Asian tigers (thought based on West economies) Countries that have developed through their problems Through this, Africa becomes the lame lion - ** Interaction between these three, equal an Empire o Political o Religious o Economic - ** Gold, glory and God were the building blocks of the colonization campaign - 1630: Peace of Westphalia, end of the 30 yr war: notion of Terra Nullius “Everything outside Europe is land that belongs to no one” is created o Sovereignty: the king is not representing God, consent to be ruled - Resource Curse o Countries with natural resources develop slowly, while countries with large populations advance quickly o Resources wealth population rich countries - 1.3 billion people live on less than one dollar a day - 3 billion people live on less than two dollars a day - Richest 20% control 86% world’s wealth, the poorest 20% control 1%
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Globalization - Globalization - What is globalization?...

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