Globality and Capitalism Concepts

These flashcards cover key vocabulary terms related to globality, capitalism, and its socio-cultural implications as discussed in the lecture.

Globality

The interconnectedness of nations through media, trade, and cultural exchange.

Multinational Corporations (MNCs)

Companies that operate in multiple countries, often exploiting cheaper labor.

Proletarianization

The process of transforming individuals into wage-earning workers.

Taylorism

A management method focused on efficiency and productivity through standardization.

Free Trade Zones (FTZ)

Areas within a country where businesses can operate with fewer restrictions and lower taxes.

Bio-politics

The regulation of populations through policies and control of bodies, influencing behavior and social norms.

Hegemony

The dominance of one group’s values and beliefs over others, often perceived as the norm.

Cultural Imperialism

The spread of one culture's ideas to dominate and influence another culture, making it seem superior.

Imaginaries

Cultural, social, or historical resources used to shape our creative interpretations and possibilities.

Counter-hegemonic discourse

Messages that challenge or resist the dominant cultural power.