19 - Chapter 19 Globalization by Jose Johnson Copyright...

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Copyright © 2008 by Nelson, a division of Thomson Canada Limited. 19-1 Chapter Chapter 19 19 Globalization Globalization by Josée Johnson by Josée Johnson
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19-2 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. INTRODUCTION INTRODUCTION Will examine: Globalization’s space-time compression and digital divide Top-down versus bottom-up globalization Effects of casino capitalism Role of international financial institutions in globalization Social and environmental consequences of globalization*
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19-3 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. GLOBALIZATION DEFINED GLOBALIZATION DEFINED Globalization : A social, economic, and political process that makes it easier for people, goods, ideas, and capital to travel around the world at an unprecedented (exceptional, unique) pace Has given rise to space-time compression : Diminished importance of geography and time lags Traced back at least to 1500s with beginning of transoceanic European exploration Current phase not radically different in
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19-4 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. WORLD INTERNET USAGE WORLD INTERNET USAGE AND POPULATION STATISTICS AND POPULATION STATISTICS
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19-5 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. THE DIGITAL DIVIDE THE DIGITAL DIVIDE Despite rapid pace of space-time compression, access to means of communication that facilitates globalization is unequal Not all people and ideas have access to channels of globalization like the Internet or even the telephone Inequality of access is known as the digital divide *
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19-6 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. SPACE-TIME COMPRESSION SPACE-TIME COMPRESSION AND THE DIGITAL DIVIDE AND THE DIGITAL DIVIDE
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19-7 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. GLOBALIZATION AND ETHICS GLOBALIZATION AND ETHICS While globalization is neither inherently good nor bad, it does create conditions that affect human lives and the environment Ethical debates about globalization are more pronounced after terrorist attacks of Sep. 11/01 While no agreement over motivation of attacks, critical questions raised about inequities of global capitalism and role of United States in global system*
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19-8 Copyright © 2008 by Nelson, a division of Thomson Canada Limited. TOP-DOWN GLOBALIZATION TOP-DOWN GLOBALIZATION Top-down globalization : Involves actions of groups promoting globalized capitalism and free trade Has been dominated by neoliberal economic policies Is strongly associated with United States because of role in promoting neoliberal policies domestically and internationally*
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19-9 Copyright © 2008 by Nelson, a division of Thomson Canada Limited.
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