Globalization

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Warm-up
“Where globalization means, as it so often does,
that the rich and powerful now have new
means to further enrich and empower
themselves at the cost of the poorer and
weaker, we have a responsibility to protest in
the name of universal freedom.”
-Nelson Mandela
• Why would globalization help the rich but not
the poor?
Globalization
• Central focus  Trade
• Increasing interdependence and connections of
nations around the world
• Technology helps to connect us
– Telegraph, telephone, the internet
• Connects countries around the globe
– Exchange of culture, products, ideas
Globalization
• London
– Most globally linked city in the world
Globalization
• New York City
– Connected to countries/cities around the globe
– London and Singapore
– Business
How many businesses can you count?
Globalization
• World Social Forum
– Network of socialist organizations
– Porto Alegre, Brazil
– “Another World is Possible”
Network
• According to Manuel Castells, a
sociologist specializing in globalization, a
set of interconnected nodes is a network.
Participatory Development
• Corbridge and Kumar’s study in India
– Greatest success with better off farmers and
particular local groups.
World Economic Forum
• Annual meeting
– Nonprofit organization
– Represents large corporations
and political leaders of rich
countries
– Davos, Switzerland
– Discuss improving business
around the world
Outsourcing
• Contracting another company in a foreign
country for labor
– Cuts costs
– Sends jobs overseas
• Major source of
globalization
• Example: IPOD basic chip design occurs in the
United Kingdom, assembly occurs in China
Human Resources (or Capital)
• The people who make up the workforce of an
organization
– Demographics
– Diversity
– Skill
Capital Resources
• Goods produced and used to make other
goods and services
– Tools
– Equipment
Berkeley
• Berkeley, California
– Established a “local currency” in an effort to avoid
globalized currencies
Vertical Integration
• Media corporations which integrate
ownership in a variety of points along the
production and consumption chain
– In other words: businesses (at different stages of
production) merging
– Example:
– Walt Disney Corporation’s ESPN Zone and Pixar
Infrastructure
• in·fra·struc·ture
– Noun
– the basic physical and organizational structures
and facilities (e.g., buildings, roads, and power
supplies) needed for the operation of a society or
enterprise.
Media
• The news
– Radio, T.V., Internet
• Media Convergence = the use of electronic
technology to integrate media such as
newspapers, books, TV, and the internet
• Power as information gatekeepers has been
undercut by web logs on the internet
Activity
• Gender Equality Around the World
– ESPN
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Economic
Social
Political
eNvironment
– Summary/Response Paragraph
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