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Globalization-Lecture2 - GLOBALIZATION Part 2 Last Week...

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GLOBALIZATION Part 2
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Last Week What is globalization? Interdependence, interconnectedness Technology and Globalization
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Ian Golding: Navigating our global future http://www.ted.com/talks/lang/eng/ian_go ldin_navigating_our_global_future.html Achilles 'heel of globalization: Growing inequality: not inclusive process Complexity: growing fragility (Globalization principle) Challenges of Globalization? Technologic advancements, Medical advancement. But who can access technology? How to manage technological change to make it more inclusive?
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Ian Golding: Challenges of Globalization? (cont.) Population growth population pyramids, skyscrapers, coffins. Pension? Retirement? Migration Labor: Xenophobia? Include the excluded! Systemic risks: climate change, pandemics, financial crisis How to manage systemic risks? How to weave the tapestries together ? How do we think about complex systems? New way to manage the planet through collective wisdom GLORY OF GLOBALIZATION COULD ALSO BE ITS DOWNFALL GLOBALIZATION: INTEGRATED FRAGILITY
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Characteristics of our global world Technology Socio-Political Systems Global Processes, Local effects
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Neo-liberalism A political orientation originating in the 1960s; blends liberal political views with an emphasis on economic growth Economic policies that require a minimal role of the government assuming the desirability of free markets as the ideal condition not only for economic organization but also for political and social development.
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