Globalization – Key Vocabulary from Lecture

A comprehensive set of vocabulary flashcards covering the key concepts, actors, processes, and debates presented in the lecture on globalization.

Globalization

The expansion and intensification of social relations and consciousness across world-time and world-space.

Interdisciplinary Approach

The need to transcend disciplinary boundaries to understand globalization’s multifaceted nature.

Global Village

Idea that communication technologies shrink the world, linking people into a single community.

Cultural Imperialism

Domination of one culture over others through media, products, and ideology on a global scale.

Expansion (Globalization)

Widening reach of social, economic, and political relations across the globe.

Intensification (Globalization)

Acceleration and deepening of interactions among global actors.

Liquidity

Ease with which people, goods, ideas, and capital move in the global age.

Multi-directional Flows

Simultaneous, crossing movements of information, capital, and people around the world.

Think Globally, Act Locally

Guiding principle urging global awareness while pursuing local actions.

Globalization of Economics and Development

View that economic activities and development processes are inseparable and mutually reinforcing on a world scale.

Changing Meaning of "Global"

Shift from ‘spherical’ (19th c.) to ‘world-wide’ (late 19th c.) to capacity and spread of events (20th c.).

Global Financial-Economic Area

Integrated worldwide market for capital, goods, and services enabled by technology and deregulation.

Subjects of Globalization

Key actors including global companies, regional structures, nation-states, and international economic organizations.

Anti-Statist View

Position predicting the decline or disappearance of the nation-state under globalization.

State-Centric View

Perspective asserting that the state’s role is increasing and remains essential in a globalized world.

Regionalism

Formation of geographically based blocs for economic, political, or cultural cooperation.

European Economic Community (EEC)

1957 treaty-based organization aimed at economic integration among European states; precursor to the EU.

ASEAN

Association of Southeast Asian Nations, a regional organization promoting economic and political cooperation.

NAFTA

North American Free Trade Agreement linking Canada, the United States, and Mexico in a free-trade area.

Regional Comparative Advantage

Competitive strengths shared by countries within a region, leveraged collectively in global markets.

Civilization Level of Globalization

Globalization’s impact on broad cultural-historical formations of humanity.

Formative Level

Globalization’s expression within specific social systems, such as capitalism.

Civilization

Complex society or cultural group sharing enduring principles and historical destiny.

Culture (Subsystem)

Patterns of knowledge, belief, and behavior existing within a civilization.

Religion (Integration Mechanism)

System of values and norms related to the idea of God that unites society.

Ideology

System of ideas prescribing political and social order, linking individuals to authority.

Disintegration

Condition in which societal integration mechanisms fail, leading to mistrust, crime, and unmanaged processes.

Capitalistic Competition

Intense rivalry among corporations and leading countries, spurring technological and market contests.

Globalization Effect

Systematic impact globalization exerts on other development factors and forces.

Technological Factor

Science-based innovations that drive globalization by enabling trans-border production and communication.

Scientific Revolution

17th-century period when systematic scientific inquiry laid foundations for technological advance.

Industrial Revolution

18th-19th-century transformation marked by mechanized production and factory systems.

Technological Revolution

20th-21st-century shift to computers, digital networks, and advanced biotechnologies shaping global society.

Technological Determinism

Belief that technological change determines social structures and cultural values.

Technological Imperialism

Imposition of advanced technologies by powerful nations or firms on less developed regions.

Global Media Complexes

Merged communication, media, and industrial corporations wielding global cultural and economic power.

Knowledge Economy

Economic system where growth is driven by information, education, science, and culture.

Glocalization

Integration of global processes with local particularities; ‘global’ + ‘local’.

Americanization of World Culture

Spread of U.S. cultural products and values worldwide.

Paradoxes of Democracy

Tensions where democratic ideals clash with global corporate decision-making and security concerns.

Economics of War

Condition where military conflict and arms production serve corporate or strategic interests.

Globalization Asymmetry

Unequal benefits and burdens of globalization across countries and social groups.

Climate Change Responsibility

Growing sense of individual and collective duty to address global environmental issues.

NGO (Non-Governmental Organization)

Civil society group operating across borders to address social, environmental, or humanitarian issues.

MNC (Multinational Corporation)

Company that owns or controls production or services in more than one country.

Global Governance

Collective management of transnational issues by states, international organizations, and other actors.

General Historical Factors

Technological progress, human-nature interaction, culture, media, and production organization shaping globalization.

Market Mechanisms

Supply-demand forces and competitive processes influencing globalization within capitalism.

Global Flows

Movements of capital, people, goods, and information across borders.

Globality

Specific condition or set of connections produced by particular global flows.

Borderless Virtual World

Cyberspace realm where geographic distance is minimized for communication and commerce.

Local Realities

Everyday contexts where borders, cultures, and specific socio-economic issues still matter.