Lecture 1 - A Globalising World

Question 1

Is Globalisation a NEUTRAL CONCEPT?

Answer 1

Nope

Question 2

What is globalisation?

Answer 2

Spread of the same political and economic patterns across the globe

Question 3

Technology, finance, travel, are what aspect of globalisation?

Answer 3

Increasing political and economic linkages across the globe

Question 4

UN, CNN, BBC, Al Jazeera are what to globalisation?

Answer 4

Important of global organisations

Question 5

Media, fashion, film, travel, spread what?

Answer 5

Global culture

Question 6

Social, environmental and even criminal aspects are also affected by what?

Answer 6

Globalisation!

Question 7

SO sum up 5 aspects of globalisation?

Answer 7

• Spread of political, economic patterns
• Increasing political and economic linkages across globe
• Importance of global organisation e.g BBC, CNN
• Media, fashion, film - global culture
• Social, environmental and criminal aspects

Question 8

Globalisation increased after what year?

Answer 8

1989 - ‘unprecedented in scope’

Question 9

Name an example of globalisation shown in positive light?

Answer 9

Thomas Friedman’s - The Lexus and the Olive Tree

Question 10

Globalisation can be seen to prevent what?

Answer 10

Wars

Question 11

Thomas Friedman, The Lexus and the Olive Tree 1999, Golden Arch Theory - what is it?

Answer 11

No two countries with a McDonald’s have been to war. The idea is that states are becoming so economically interdependent that it is not within their national interest to go to war with each other.

Question 12

Toby Ziegler, The West Wing, what did he say about globalisation and prevention of wars?

Answer 12

Free trade stops wars and we figure out a way to stop the rest”,

Question 13

How globalised are we?

Answer 13

Depends on definition

Question 14

The world systems theory is how old?

Answer 14

Since 1492

Question 15

When was the Major recent phase of globalisation?

Answer 15

1880-1914

Question 16

What happened after 1989 in globlisation, what makes it new?

Answer 16

The coverage, the links unprecedented, its sameness as globe is ‘flattened’ and globalisation used often to describe EVERY change

Question 17

Why has Economics has seen internationalisation?

Answer 17

Because of the move of capitalism and MNCs into more countries

Question 18

Internationalisation is what type of capitalism?

Answer 18

Neoliberalism

Question 19

What happened with globalisatiuon and politics?

Answer 19

Internationilsation of democracy, more democracys than ever before.

Organisations like the UN, the EU, the AU and even NATO more important and take greater role in intervention to spread values rather than just maintain ‘peace and security’

Question 20

Is globalisation a world of less inequality?

Answer 20

After 20 years of internationalisation half of the world’s population lives on less than $2
Lower growth than other recent periods

So not really

Question 21

Incorporation of China and India into the global economy

caused what?

Answer 21

A consumer boom

Question 22

Dark side of globalisation - financialisation, what is it?

Answer 22

Raw material prices volatile and currencies even more so

This affects the ‘real economy’ of rich and poor countries

Question 23

Dark side of globalisation - global finance has what?

Answer 23

A weak regulation, the image of globalisation as global enrichment/standardisation isn’t necessarily accurate

Question 24

There are marked differnces to globalisation between states, what are they?

Answer 24

Some use it for own power
Some try to manage globalisation
Some try to resist it

Question 25

What are important to globalisation. Hint EU, NAFTA and the 2008 financial crisis

Answer 25

Regions and states

Question 26

Globalisation is a Western Project? How so?

Answer 26

Keeps the US as world hegemon (leader) US/EU dominance in orgs like the IMF and WB Glob. gives rise to new states who then ‘join the club’ G7 moves to G20 (now being seen as more important)

Question 27

WHo are the regional hegemons?

Answer 27

(PRC, Russia, India, Brazil)

Question 28

Some countries don't benefit such as Africa what does this mean?

Answer 28

The world is still unequal

Question 29

Is liberal world a peaceful wolrd?

Answer 29

Both liberal and right wing views argue not High levels of conflict in Africa, Asia etc caused by globalisation If liberal values are spread it involves drones and bombs (Kosovo, Iraq, Afghanistan) (Richard Seymour ‘The Liberal Defence of Murder’)

Question 30

UNSC are dominated by what?

Answer 30

elite nations who decide on ‘legitimacy’

Question 31

More financial crises in the last 25 years than what?

Answer 31

The previous 40

Question 32

What is the hypocrisy of the West?

Answer 32

promoting ‘good governance’ whilst supporting brutal regimes, or engaging in illegal military interventions (Kosovo 1999, Iraq 2003, Libya 2011) also USA supporting democracy in Iraq and Afghanistan but welcoming the coup against Morsi in Egypt; role in Haiti 1994 - present

Question 33

MNCs cause tension because of what?

Answer 33

Their unaccountable power

Question 34

All of this led to anti glob, not as strong as international globalisation. Who are the Civil society activists in the west?

Answer 34

anarchists International civil society groups These two groups try and make MNCs and WB and IMF accountable

Question 35

Who are the Individual movements resisting globalisation ?

Answer 35

Zapatistas in Mexico; Maoists in Nepal, Naxalites in India, AQ, Taliban

Question 36

Who are the Individual states resisting globalisation?

Answer 36

Chavez in Venezuela, Morales in Bolivia

Question 37

Conc: Globaliosation is what?

Answer 37

Contested concept

Question 38

Conc:Uneven globalisation is what?

Answer 38

Problematic