Introduction On The Study of Globalization Flashcards

Vocabulary flashcards covering key definitions, theoretical frameworks, main actors, core beliefs, and thinkers from the Introduction On The Study of Globalization lecture.

Globalization

The increasing integration, interconnectedness, and interdependence of the world's economies, cultures, societies, and governments across international borders.

Neoliberalism

An economic philosophy asserting that markets—not governments—should organize economic life through free competition, deregulation, privatization, and free trade.

Hyperglobalism

A perspective applying neoliberal principles globally, arguing that tight international trade and financial connections generate wealth while eroding nation-states.

Historical Materialism

Karl Marx's theory asserting that the economic base (how wealth and goods are produced and distributed) shapes society's politics, laws, culture, and ideas.

Transformationalism

A globalization theory arguing that globalization genuinely transforms world politics, economics, and culture, but in messy, uneven, and unpredictable ways.

Cosmopolitanism

A philosophical view associated with transformationalism holding that all humans share universal moral obligations across national borders.

Postcolonialism

A school of thought examining how lingering colonial power dynamics persist in culture, knowledge, and economics after political independence.

Realism (International Relations)

A theory holding that world affairs are fundamentally an anarchic competition among self-interested sovereign nation-states pursuing power and security.

Skepticism (Globalization)

The view that globalization is overhyped, arguing that sovereign nation-states, national interests, and borders still dominate international relations.

Main Actor in Neoliberalism / Hyperglobalism

Markets & individuals

Main Actor in Critical / Marxist Framework

Economic classes (owners vs. workers)

Main Actor in Transformationalism / Cosmopolitanism

States, individuals, global institutions (shared)

Main Actor in Postcolonialism

Former colonizers vs. colonized peoples/cultures

Main Actor in Realism & Skepticism

Sovereign nation-states

Key Thinkers of Neoliberalism / Hyperglobalism

Milton Friedman, Thatcher, Reagan, Kenichi Ohmae

Key Thinkers of Critical / Marxist Philosophy

Karl Marx, Friedrich Engels, Antonio Gramsci, Frankfurt School

Key Thinkers of Transformationalism / Cosmopolitanism

David Held, Anthony Giddens, Kant, Martha Nussbaum

Key Thinkers of Postcolonialism & Cultural Philosophy

Edward Said, Frantz Fanon, Gayatri Spivak, Homi Bhabha

Key Thinkers of Realism & Skepticism

Hans Morgenthau, Kenneth Waltz, John Mearsheimer, Hirst & Thompson

Core Belief of Critical / Marxist Framework

Economic base shapes society; history driven by class struggle