Globalization I Review Questions Geo-Economy

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Globalization I
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Review
Questions
Geo-Economy
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The State
Global Culture
Homogenization
 Hybridizaton
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Globalization Since 1492
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Long-term process
Internationalizing
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Extension of economic activities across boundaries –
quantitative change process
Shallow integration of trade
Globalizing
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Functional integration of internationally dispersed
activities
Deep integration of investment and contractual
obligations
What is Happening to the State?
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Relevance and power of the state is challenged
by:
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Transnationals
Regional and international trading blocs
International bodies of jurisdiction (e.g.OECD)
Non governmental organizations (NGOs)
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NGOs - non profit organizations
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Political or social goals
State of the natural environment,
Observance of human rights,
Welfare of the disadvantaged
Corporate interests
NGOs vary in their methods.
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Lobbyists
Programs
What would replace the state?
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One world government?
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Post cold war US hegemony
Global government by big business
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New World Order – conspiracy theory
Subordinating human rights to market imperatives:
International trade & investment
Global Balkanization
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Tribal anarchy
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Global Bosnia
Commercial homogeneity
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McWorld/Exxon
Global Culture:Homogenization
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Disappearance of local cultures
Westernization of culture driven by media
Destruction of the local and authentic
Single commodity/single identity world
Global Culture?
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No such thing
Identity has intense emotional ties
Cultural attachment is bound in tradition
Mass marketing & pop culture is no threat!
No common pool of memories
No common global way of thinking
Global Culture:Hybridization
Glocal
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Blend of foreign and local, exotic and
indigenous
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Fusion cuisine, Paul Simon and Graceland
Ethnic communities and schools
Chop Suey
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