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
-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
-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
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