INTRODUCTION TO GLOBALIZATION Flashcards
(36 cards)
“Intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa”
GIDDENS (1990)
“Refers both to the compression of the world and the intensification of consciousness of the world as a whole..
ROBERTSON (1992)
introduced globalization as the compression of time and space and the annihilation of distance.
HARVEY (1989)
looks at globalization as a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
THE SUNNY LEVIN INSTITUTE
This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well- being in societies around the world
FOR STEGER (2005)
takes outside the formal structure of the nation-state
Globalization
marks the increasing irrelevance of the nation-state
Globalization
the word globalization was first employed in the
1930
Globalization
It entered the Merriam-Webster dictionary in____.
1951
It was widely used by economists and social scientists by the
1960s
, a Canadian who analyzed the impact of mass media on society, coined the term “global village” in 1962.
MARSHALL MCLUHAN
is usually credited with its coining through the article he wrote in 1983 for the Harvard Business Review entitled “Globalization of markets”.
THEODORE LEVITT
Globalization scholars adherence to________ viewpoint, arguing that the phenomenon is dominated by global _______ activities like the neoliberal regime, the reduction of tariffs, the creation of transnational corporations, and improvement of multilateral trade organization
economic
Scholars of the field in different disciplines have different analyses and ideas about the phenomenon
_______ are more interested in determining whether globalization is really a modern phenomenon
_____ look into the changing patterns of international trade and commerce as well as the unequal distribution of wealth
_________focus more on the impact of the forces of globalization, such as international non-governmental organizations and international organizations, on the state and vice versa
Historians
Economists
Political scientists
Globalization as a______
Is viewed as a multidimensional set of _______ that generate and increase “worldwide social interdependencies and exchanges while at the same time fostering in people a growing awareness of deepening connections between the local and the distant” (Steger 2005)
process
social processes
Another variant on this periodization refers to_———-, 1980 -2000
neoliberal globalization
In______, began in modernity during the period of Rennaisance, Enlightenment, French Revolution and lasted until the period of Industrialization in the late 1700s and throughout the 1800s
sociology
In____ economy, it can be traced back to the 1500s, following Marx’s dictum, “the conquest of the world market marks the birth of modern capitalism”
political
emphasize the beginning of globalization in the 1820s when commodity prices across continents converged, and other theorists believed that globalization is synonymous to permanent global trade, which began when all the major regions of the world “exchange products continuously..and on a scale that generated deep and lasting impacts on all trading partners.
Economists
Emergence of world economy that started in the 1500s and others say it is 1200s and______ (2004) dates it much earlier than 3500 BCE
John Hobson
Globalization is also referred to by scholars a
globality
Scholte (2008) refers to_______ as social condition characterized by transplanetary (the establishment of social links between people at different places of our planet) connectivity and supra-territoriality (social connections that transcend territorial geography)
globality
globalization as a social condition is characterized by thick economic, political and cultural interconnections and global flows that render political borders and economic barriers irrelevant
Scholte
Six (6) core claims of globalization as an ideology
Globalization is about the liberalization and global integration of markets.
“Globalization is about the triumphs of market over governments” (Steger 2005)
Globalization is inevitable and irreversible.
Nobody is in charge of globalization
Globalization benefits everyone in the long run
Globalization furthers the spread of democracy in the world
Globalization requires a global war on terror