Peter Gourevitch, Politics in Hard Times, ch. 1-4.
1. What is the puzzle that Gourevitch is trying to analyze? What is his definition of a
crisis? Is globalization a crisis? Can his analysis be used in our current situation?
2. Gourevitch outlines five di
Questions for Study
Norman Angell, The Great Illusion, ch.1-4.
1. Angell challenges the view that the wealth, prosperity, and well-being of a nation
depend upon its military power. (p98) How does he do this? Are you convinced by
his arguments? Why/why not
How to Read Polanyis The Great Transformation
The readings from Polanyis The Great Transformation for this week may seen a little
obscure at first. In chapter three for example, he gives a lengthy history of the enclosure
movement a transformation of the
Susan Strange, Casino Capitalism Chap 1-2, 6
1. What are the two requirements, according to Strange, of a functioning monetary
system? What affect does open capital markets have on the relationship between these?
2. What are the key decisions (or non-deci
Herman Daly, Free Trade: The Perils of Deregulation, in The Case Against the
Global Economy, pp. 229-238
1. What are the inefficiencies, according to Daly, that are ignored within the system of
2. What is the internalization of costs? What i
Hirst & Thompson, Globalization in Question, ch. 5
1. In Chapter 5, Hirst and Thompson evaluate the prospects for future growth in
developing countries. What key domestic political, economic, and social/demographic
requirements do Hirst and Thompson ident
This weeks authors cover many of the arguments for and against globalization that we
will come across in greater detail throughout the semester. After reading them, ask
a. Which arguments do you find most convincing, and why? You may like to
Lecture 12 December 5
George Monbiot, The Age of Consent, ch. 1-4, 7.
1. Previous critics of globalization we have read during the semester argued for a turn to
localism as the solution to the perceived ills of the economic openness. What leads
Lecture 11 November 28
Martin Wolf, Why Globalization Works, ch. 5, 12.
1. What are the legitimate roles of government, according to Wolf? How does this
conception of the role of government differ from that of 1960? To what degree do
governments in the ad
Lecture 10 November 21
Martin Wolf, Why Globalization Works, ch. 9
1. Wolf argues that countries that have grown economically have chosen economic
liberalization and global integration. What do you make of his claim that this is the
heart of the matter [a
Hirst & Thompson, Globalization in Question, ch. 3
1. What are the most important factors, according to Hirst and Thompson, that lead
patterns of trade and investment to diverge from theories of comparative advantage
and efficient capital allocation?
Edward Steinfeld Cross-Straits Commercial Integration and Industrial Catch-Up
1. What is the significance of modularization for the form that inter-firm competition
takes in mainland China? What strategies are available to firms to attempt to change