World Politics VIII: Backlash against globalization and geopolitics of trade

Flashcards about the backlash against globalization and geopolitics of trade

Forms of Backlash: Protectionism

Increased advocacy and implementation of policies designed to protect domestic industries from foreign competition.

Nationalist Political Parties: Electoral Success

Electoral gains and increased representation of political parties that emphasize nationalist ideologies and policies.

Anti-Globalization Protests: Public Resistance

Organized public demonstrations and activism against the perceived negative consequences of globalization.

Unilateral Withdrawals: Isolationist Actions

A nation's withdrawal from international agreements, treaties, or organizations, signaling a rejection of global cooperation.

Backlash Definition: Declining Support for Globalization

A marked decline in support from the public, political factions, and policymakers for globalization initiatives and policies.

Political Behavior: Rise of Nationalism and Isolationism

Growing support for political parties and ideologies that prioritize national interests and advocate for reduced international engagement.

Political Parties: Alternatives to Globalization

The emergence of new political platforms and ideologies that challenge the conventional pro-globalization consensus.

Economic Structural Developments: Globalization's Impact

The acceleration of global economic integration, the decline of manufacturing sectors in developed countries, and widening income disparities.

Non-economic Structural Developments: Social and Cultural Shifts

Increased immigration flows, shifts in societal values, and the expanding influence of international organizations.

Trade Competition: Impact of Low-Wage Countries

Increased competition from countries with lower labor costs, impacting industries and employment in developed regions.

Populism: Elite vs. The People

A political ideology that divides society into two groups: 'the pure people' and 'the corrupt elite,' often appealing to anti-establishment sentiments.

Socialism for the 21st Century: Alternative Economic Model

A political ideology advocating for participatory democracy, economic nationalism, and government intervention in the economy.

1st Wave Far Right: Post-WWII Movements

The resurgence of neo-fascist and extreme right-wing movements in the aftermath of World War II.

Reasons to Vote Far-Right: Economic and Cultural Factors

Voting for far-right parties is often driven by economic insecurity and a cultural backlash against progressive values.

Funnel of Causality: Political Socialization

The concept that political preferences are shaped by formative experiences during adolescence and early adulthood (ages 15-25).

Relevant Developments: Automation and Digital Revolution

Advancements in automation technologies and the digital economy are significantly impacting labor markets and globalization dynamics.

Rodrik's Trilemma: Sovereignty vs. Globalization

The inherent tension between national sovereignty, global economic integration, and international governance.

Reinforcement Response: Anti-Globalization Attitudes

Political actions and rhetoric that reinforce negative perceptions and skepticism towards globalization.

Pushback and Mitigation Response: Pro-Globalization Mobilization

Organized efforts to promote and defend globalization, often involving pro-globalization advocacy.

Trade Wars: Tariffs and Retaliation

Escalating disputes between countries involving the imposition of tariffs and retaliatory trade restrictions.

Geoeconomics: Economics & Geopolitics

The interplay between economic policies and geopolitical strategies, influencing international relations.