Midterm

Question 1

Peace of Westphalia

Answer 1

Established state sovereignty in europe, setting a precedency for the world. october 1648

Question 2

Role of the state in a globalized world

Answer 2

Dominant forms of government and control over law. Cannot address all global challenges=importance diminished

Question 3

global governance

Answer 3

NOT government, less power/orginization

think of the UN (previously the league of nations)

Question 4

political globalization

Answer 4

political interdependencies/connections

interactions between states/nonstate actors/even people worldwide

Question 5

International organizations (INOs)

Answer 5

Of which states are members

EU, IMF, UN, NATO, WTO, ICC (int’l criminal court)

Question 6

Complex interdependence (keohane / nye)

Answer 6

established the idea
multiple channels of interaction+no heirarchy of interstate issues (we can face multiple)+diminished effectiveness/relevance of military

Question 7

Adam Smith

Answer 7

father of capitalism and economics
proponent of : the free market, self interest, “the invisible hand” (if everyone works in their own self interest, that will lead to competition and growth)

Question 8

Joseph Schumpeter

Answer 8

all about change : creative destruction under capitalism

favored capitalism and democracy (opposed social policies that would ‘undermine capitalism’)

Question 9

Wallerstein’s World systems

Answer 9

Core, semi-periphery, periphery countries

Question 10

Bretton Woods System

Answer 10

controlled capitalism : balance between free market and gov’t control/expenditures

Question 11

Washington Consensus

Answer 11

fiscal discipline:
Tax reform 
Free market
Privatization
Deregulation

Question 12

Market globalism

Answer 12

the dominant ideology

- globalization (neoliberal) is inevitable and good

Question 13

Steger (critique of market globalism)

Answer 13

• leoliberal globalization is the result of politics and NOT natural
• some profit at the expense of many
• creates democracies that are not really representative

Question 14

Rodrik (trilema/capitalism 3.0)

Answer 14

Trilema : democracy, security, and global economic integration are not compatible. gotta try to balance
Capitalism 3.0 : moderate>hyper globalization (like krugman). Free national governments to adjust to the global economy in their own way

Question 15

Stiglitz (winners and losers of glob’n)

Answer 15

Contries that had control before/during globalization are winners, while those who didn’t are losers. Opposes market fundamentalism (forcing laissez-faire economics onto developing economies)

Question 16

Krugmans critique of globalization

Answer 16

opposes hyperglobalization (like rodrik)
core = high tech, periphary = low tech

Question 17

Amartya Sen’s development

Answer 17

development is freedom (see rodrik)

Question 18

Colliers traps

Answer 18

Conflict trap
resources trap
neighbors trap
governance trap

Question 19

Piketty’s inequality

Answer 19

inequality is a product of capitalism
tax the wealthy
state intervention

Question 20

Milanovic’s inequality

Answer 20

growing middle class
plutocracy - rule of the rich

Question 21

Culture critical theory

Answer 21

fordism
culture –> commodities (music, movies, etc)
mass culture

Question 22

Benjamin Barber’s Jihad v McWorld

Answer 22

Globalization leads to the homogenization of culture. The domination of the global mainstream (mcworld) –> pushback from cultural conservatives(jihad)

Question 23

Homogenization vs Glocalization (Giulanotti v Robertson)

Answer 23

Homo’n : westernization (americanization), cultural imperialism. imbalance of cultural flows from core to periphary
Glocal’n : ppl in local cultures reinterpret global cultural products, react to globalization by strengthening their own culture (see jihad)

Question 24

Hannerz

Answer 24

defines cosmopolitans:
Cultural diversity and coexistence
Participants in other cultures (not spectators)
Immerse in foreign cultures through media, friends, etc.

Question 25

Appiah

Answer 25

you can be local AND cosmopolitan

Question 26

global fundamentalism

Answer 26

Return to traditional religious values as a reaction to modernity and global culture (see jihad and glocalization) meta analysis : counter globalization while being a result of globalization

Question 27

Partners in health

Answer 27

healthcare as a human right community based addresses basic social/economic needs

Question 28

Sachs

Answer 28

``` invest in everything (agriculture, infrastructure, edu, etc) tax effectively good governance expand trade ^^solutions to global poverty ```