April 9 notes

April 9 notes - Globalization Definitions and Debates and What is globalization What forces drive it When did globalization begin and what

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Globalization: Definitions and Debates · What is globalization? What forces drive it? · When did globalization begin and what are its key phases? · What makes globalization since 1945 and especially the 1980s qualitatively and quantitatively new? · What arguments define the debate on globalization? -1990’s it was a buzz word, after 9/11 people thought it wasn’t such a great idea -especially important force in driving world history since 1945, more important than terrorism, consequences is felt at an everyday level I. Globalization: Definitions, Origins, and Driving Forces · Global Interaction, Integration, Interdependence and “Interconnectedness” (Economic, Political, Cultural) -language used for political agendas, fight over the meaning, no right way to define it, some groups have been better at using the language -the increasing level of economic, political and cultural exchange, interaction and integration between various countries around the world so that events and developments in one part of the world will have an effect on another part of the world -leads to greater interdependence between countries, evolving on a variety of levels China and US - relies on China for a host of cheap goods, raise of living standards and capital from China to finance budget deficits- but China relies on us to buy their products, access to American market, conflict would be problematic -interconnectedness, global village, makes the world smaller (what happens in one place can very possibly have a great affect on another place) · Thomas Friedman defines Globalization -columnist for NYT, globalization is as profound event as industrialization, fundamentally reshaping cultural, socio-economical life around the world, but unlike industrialization it’s occurring around the world and at a much faster rate, all at once
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· Capitalism, Imperialism, Technology, International Institutions -capitalism: free flow of money and labor, global trading system design to create profit for private economic interests (evolving since 18 th century, continues to gain strength), dominating it are large multi-national companies, loyalty is to pursuing profit wherever that money can be made, freed themselves from the restraints of the nation state, FREE TRADE AND LESS GOVERNMENT INTERVENTION! -imperialism: creates new trade networks, opens up new markets (sometimes by force), today Western economic influence continues to promote Globalization -technology : new sails for Christopher Columbus, a driving force esp. over the past couple of decades, (huge ships, expansion of
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This note was uploaded on 03/30/2008 for the course HIST 140 taught by Professor Reid during the Spring '08 term at UNC.

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April 9 notes - Globalization Definitions and Debates and What is globalization What forces drive it When did globalization begin and what

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