Globalization

Globalization

the worldwide integration of government policies, cultures, social movements, and financial markets through trade and exchange of ideas

Colonialism

when a foreign power maintains political, social, economic, and cultural domination over a people for an extended period of time

Neocolonialism

continued dependance on more industrialized nations for managerial and technical expertise by former colonies

Liberalism vs Neoliberalism

Liberalism: Wealth of nations

Neoliberalism: political commitment to respect and uphold "free market enterprise"

-privatization, free movement of goods, maximize profit and efficiency

World Systems Theory

unequal economic + political relationships over industrialized nations and global coorporations dominate global economics (periphery, semi periphery, cone, goods > resources <

Dependancy Theory

developing countries make economic advancements, they remain weak and subservient to other nations and corporations

Modernization Theory

transition from traditional to modern society

Socio cultural theories

-cultural differentiation (heterogeneity): lasting differences of cultures that are made more apparent as a result of globalization

-cultural convergence (homogenization): there are lasting similarities among cultures as a result of globalization

-cultural merging (hybridization)

McDonaldization

World is becoming increasingly rational through means of: efficiency, predictability, calculability, technology.Cheap, efficient, fast.

Negative effects of McDonaldization

This increasing rationality is socially irrational we are not benefiting society we are harming ourselves. Lack of emotion and face to face integration

"World is Flat or not?"

We have technology to know what happened in China when we are in America, the global connections and information is at our fingertips.

90% of phone calls, web traffic, and investment is local showing we still are not a flat world and there are things that can only be experienced at a local level

L'arche

communities living with disabled citizens

Davos Culture

an elite group of highly educated people who operate in the rarefied domains of international finance, media, and diplomacy

Culture and Media

cultures are borrowing food, clothing, entertainment, language. Dictated by the mass media we see music, fashion, forms of speech etc. media shapes the opinions of public opinion, business, and international politics

Topic of Inequality

learning diff-abilities around the world, accessibility around the world, L'arche

Economic Inequality and Dogland Example

If dogs had a country their income would be richer than 40% of the world's population. Dogland would have greater healthcare than over 80% of the worlds population

Absolute poverty

minimum level substance that no family should be expected to live below

Relative poverty

a standard of depravation among people at the bottom of a society when people are disadvantaged compared to the rest of society

HIPC-World Bank

Highly indebted poor countries initiative: to ensure deep, broad, and fast debt relief and thereby contribute toward growth, poverty reduction, and debt sustainability in the poorest most heavily indebted countries

IMF

international monetary fund: gives last resort loans with heavy restrictions not allowing process and perpetuating the cycle of poverty

Transatlantic economy

supports 15 million jobs, 45% of the world annual GDP, EU provides 18% of exports, EU-US banks have such large investments in one another, when one bank fails so does the other US

Micro-financing

lending small sums of money (12-100) to the poor so they can work their way out of poverty. Works in countries of economic devastation. Recipients are those who cannot apply for bank loans. Lenders example is the Grameen village bank in bangledesh

UN

United nations: keep peace, develop friendly relations among nations, help nations work together to improve lives of the poor, be center for harmonizing actions of nations to achieve these goals

General assembly

main deliberative policy making and reps of the UN. subjects discussed this year on HIV/AIDS. road safety, peace and security, human rights.

Migration

Takes place globally across international borders and within countries. No country allows free access to all immigrants. Push pull factors- employment, poverty, education. Most immigration is illegal. Refugees, asylum seekers.

Institutional completeness

the degree to which an immigrant group provides its own members with the resources it needs. Schools, churches, organizations. more effective if the group is separate from broader community. group vs individual/masses vs periodic. more effective if the group is separate from broader community

economic considerations of migration (-)

immigrants take advantage of public services without paying taxes, education, healthcare, immigrants take jobs, money sent back home.

political considerations (-)

the more diverse a society, the more political fragmentation there is in political culture. could be dangerous for the stability of democracy

economic considerations of migration (+)

immigrants often take low paying, undesirable jobs, cheap source of trained, skilled, educated labor. Many then enter the workforce overall pay more taxes

UNESCO

united nations scientific cultural organization

Millennium Development Goals

to meet the needs of the world's poorest halving extreme poverty rates and halting the speed of HIV/AIDS

Golden Arches Theory

No two countries that are both part of a major global supply chain, like Dell's, will ever fight a war against each other as long as they are both part of the same global supply chain. no two nations that contain a McDonald's outlet have ever fought each other

Gini coefficient

a measure of statistical dispersion intended to represent the income distribution of a nation's residents. This is the most commonly used measure of inequality.

bridge figures

build bridges between cultures

characteristics of globalization

production, markets, technology

historical context

people have traveled and traded migrating across political boundaries exchanging food artifacts and knowledge.

neoimperialism

globalization reversed the post world war II movement of 3rd world countries out of colonialism toward economic independence