Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 6

CHAPTER 1 Flows – the movement of people, things, places and

information brought by growing porosity of global


Bauman, 2003 – globalization is a very important limitations
change if not, the most important
Globalization Theories
Albrow, 1996 – the reality and omnipresence of
globalization makes us see ourselves as part of that  Homogeneity – refers to the increasing
we refer to as “global age” sameness in the world as cultural inputs,
economic factors and political orientations
Al-Rhodan, 2006 – it cannot be contained within a of societies expand to create common
specific time frame, all people and all situations practices, same economies and similar forms
Swedish journalist Thomas Larsson, 2001 – the of government
process of world shrinkage, of distances getting Homogeneity in culture is often linked to cultural
shorter, things moving closer – pertains to the imperialism. This means, a given culture influences
increasing ease with which somebody on one side other cultures.
of the world can interact, to mutual benefit with
somebody on the other side of the world McWorld – means only one political orientation is
growing in today’s societies
(1)Broad and Inclusive or
Ritzer, 2008 – McDonalization, a process by
Ohmae, 1992 – globalization means the onset of which western societies are dominated by the
the borderless world principles of fast food restaurants
(2) Narrow and Exclusive McDonalization – involves the global spread of
Robert Cox – the characteristics of the rational systems, such as; efficiency, calculability,
globalization trend include the internationalizing of predictability and control
production, the new international division of labor,  Heterogeneity – pertains to the creation of
new migratory movements from South to North, the various cultural practices, new economies
internationalizing of the state… making states into and political groups because of the
agencies of the globalizing world interaction of elements from different
Ritzer, 2015 – globalization is transplanetary societies of the world – refers to the
process or a set of processes involving increasing differences
liquidity and the growing multidirectional flows of Heterogeneity in culture is associated with cultural
people, objects, places and information as wells as hybridization.
structures they encounter and create the are barriers
to, or expedite, those flows (opposite of McWorld) Jihad – refers to the
political groups that are engaged in an
Arjun Appadural 1996 – globalization is a world intensification of nationalism and that leads to
of things that have different speeds, axes, points of greater political heterogeneity throughout the world
origin and termination and varied relationships to
institutional structures in different regions, nations Dynamics of Local and Global Culture
or societies
 Cultural Differentialism – emphasizes
Sociologist Cesare Poppi – globalization is the the fact that cultures are essentially
debate and the debate is the globalization different and are only superficially
affected by global flows
Globalization is a reality. It is changing as human
 Cultural Hybridization – emphasizes
society develops
the integration of local and global
Globalization has a shifting nature. It is complex, cultures
multifaceted and can be influenced by the people  Cultural Convergence – stresses
who define it homogeneity introduced by globalization

Metaphors of Globalization John Tomlinson, Deterritorialization – means


that it is much more difficult to tie culture to a
 Solidity – refers to the barriers that prevent specific geographic point of origin
or make difficult the movement of things
 Liquidity – refers to the increasing ease of Globalization and Regionalization
movement of people, things, information
- Reemerged during the 1980s & heightened
and places in the contemporary world
during the end of Cold War in 1990s
- the very nature of globalization is by
definition, global while regionalization is
naturally regional
 Important means in which religionist rely Rosenthal (2007), gave premium to voyages of
on discovery – Christopher Columbus’ discovery of
 Information Technologies America in 1942, Vasco da Gama of Good Hope in
 Transportation means 1498, & Ferdinand Magellan’s completed
 Media circumnavigation of the globe in 1522

Managed Globalization – refers to all attempts to  Broader, More Recent Changes


make globalization more palatable to citizens
1. The emergence of the United States as the
Mansfield & Milner (1999) – Region, a group of global power
countries in the same geographically specified area 2. The emergence of multinational
corporations (MNCs)
Hurrel (2007) - Regionalization, societal 3. The demise of the Soviet Union & the end
integration and the often undirected process of of the Cold War
social & economic interaction
Global Demography
Ravenhill (2008) - Regionalism, the formal
process of intergovernmental collaboration between Demographic Transition – is a singular historical
two or more states period during which mortality & fertility decline
from high to low levels in a particular country or
One of the reasons behind regionalism is the region – the broad outline of the transition are
concern for security, which is to ensure peace & similar in countries around the world, but the pace
stability. & timing of the transition have varied considerably
Huntington, 1996 – believed that culture and Global Migration
identity guide regionalization - culture & identity
are civilizations Vagabonds – are on the move “because they have
to be”
9 Major Civilizations
Ritzer, 2007 – they are not faring well in their home
Western, Latin American, African, Islamic, Sinic, countries & are forced to move in the hope that their
Hindu, Orthodox, Buddhist, Japanese circumstances will improve
Origins & History of Globalization Tourists – are on the move “because they want to
 Hardwired be & they can afford it”

Nayan Chanda, 2007 – it is because of our basic Labor Migration – is driven by push factors (lack of
human need to make our lives better that made employment opportunities) as well as pull factors
globalization possible (work available elsewhere).

4 aspect of Globalization Landler, 2007 – labor migration mainly involves the


flow of less skilled & unskilled workers, as well as
Trade, Missionary Work, Adventure, Conquest illegal immigrants who live on the margins of the
host society
Chanda, 2007 – commerce, religion politics and
welfare are the urges of people toward a better life Ritzer, 2015 – migration is traditionally governed
by push factors such as political persecution,
 Cycles economic depression, war & famine in the home
country or by pull factors such as a favorable
Globalization is a long-term cyclical process and
immigration policy, a labor shortage & a similarity
thus, finding its origin will be daunting task
of language & culture in the country of destination
 Epoch or Waves
Diaspora – has been increasingly used to describe
migrant communities
1. Globalization of Religion (4th – 7th centuries
2. European colonial conquests (late 15th “ Paul Gilroy, 1993 – diaspora as a transitional
3. Intra-European wars (late 18th – early 19th “ process, which involves dialogue to both imagined
4. Heyday of European imperialism (mid-19th “ & real locales
– 1918)
5. Post-World War II period Dufoix, 2007 - diasporization & globalization are
6. Post-Cold War period closely interconnected & the expansion of the latter
will lead to an increase in the former
 Events
Virtual Diasporas – which utilize technology such
Gibbon, 1998 – argued that Roman conquests as the internet to maintain the community network
before Christ were its origin
CHAPTER 2 Environmental Degradation
8 Millennium Development Goals (Antonio 2007) Environmental issues should be
given priority over economic issues
1. Eradication of extreme poverty & hunger
2. Achieving universal primary education Efficiency – means finding the quickest possible
3. Promoting gender equality & women way of producing large amounts of a particular
empowerment product
4. Reducing child mortality
5. Improving maternal health Earth’s atmosphere is damaged by more carbon
6. Combating diseases like HIV/AIDS & malaria emissions, destruction of coral reefs & marine
7. Ensuring environmental sustainability biodiversity. Deforestation, pollutions & climate
8. Global partnership for development change

Extreme poverty – a condition characterized by Food Security


severe deprivation of basic human needs including
Global food security – means delivering sufficient
food, safe drinking water, sanitation facilities,
food to the entire world population
health, shelter, education & information
Security of food also means the sustainability of
 836 Million still lives in poverty society such as population growth, climate change,
 Word bank predicted that in 2030 rate of water scarcity and agriculture
poverty could drop to less than 400 million
A major environmental problem is the destruction
Economic Globalization – refers to the increasing of natural habitats, particularly deforestation,
interdependence of world economies as a result of decline in the availability of fresh water (because of
the growing scale of cross-border trade of degradation of soil or desertification, pollution
commodities & services, flow of international through toxic chemicals, greenhouse gases…
capital & wide and rapid spread of technologies
Climate Refugees- people who are force to migrate
2 Different Types of Economies due to lack of access to water or due to flooding
Protectionism – means a policy of systematic Economic Globalization, Poverty and Inequality
government intervention in foreign trade with the
objective of encouraging domestic production. This Hans Rosling- the 1 to 2 billion in the world who
encouragement involves giving preferential don’t have the food for the day suffer from the
treatment to domestic producers & discrimination worst disease globalization deficiency.
against foreign competitors – usually comes in the
form of quotas & tariffs Economic and trade globalization is the result of
companies trying to outmaneuver their competitors
Trade Liberalization or free market – free trade
agreements & technological advances in Multiplier Effect – means an increase in one
transportation & communication mean goods & economic activity can lead to an increase in other
services move around the world more easily than economic activities
ever
Yunus (2012)- In his experience poor people are the
Leapfrogging – the idea that countries can skip greatest entrepreneurs. Every day they have to
straight to more efficient and cost-effective innovate in order to survive
technologies that were not available in the past
Global Income Inequality
Fair Trade – concern for the social, economic &
Globalization & inequality are closely related.
environmental well-being of marginalized small
producers – it aims for a more moral and equitable 2 Main Types of Economic Inequality
global economic system
Wealth – refers to the net worth of a country
Sustainable Development – the development of
our world today by using the earth’s resources & Wealth Inequality – speaks about distribution of
the preservation of such sources for the future assets

The relationship between globalization & Income – is the new earnings that are constantly
sustainability is multi-dimensional – it involves being added to the pile of a country’s wealth
economic, political and technological aspects
Income Inequality – new earnings are being
distributed; it values the flow of goods and services,
not stock of assets
 Global Wealth Report 2016- global wealth absolute poverty levels & more diverse job
estimated to be 3.5 trillion dollars and is not opportunities
distributed equally
High Mass Consumptions – it is when your
Although it is the Industrial Revolution that allowed country is big enough that production becomes
a significant inequality in the past, economic more about wants than needs
globalization and international trade are the forces
responsible in today’s income inequality. Modernization Theory in general, argues that if you
invest capital in better technologies, they will
The Third World and the Global South eventually raise production enough that there will
be more wealth to go around & overall well-being
1st World – Western capitalist will go up.
1st World countries - US, Canada, Western Europe Dependency Theory & the Latin American
& developed parts of Asia are “Global North”, Experience
Caribbean, Latin America, South America, Africa
& parts of Asia are “Global South” Dependency – is the condition in which the
development of the nation states of the South
Formerly called 3rd World during the Cold War contributed to a decline in their independence & to
an increase in economic development of the
2nd World – Soviet Union & its allies (North-South)
countries of the North
3rd World – everyone else
Dependency Theory focuses on how poor countries
More than 100 countries have been wronged by richer nations.

 GDP are used to measure the total output of Hans Singer & Raul Prebisch, 1950s – 2 main sub-
a country theories:

The Global City North American Neo-Marxist approach – the


idea that less developed countries would develop by
Sassen (1991) – used the concept of global cities to following the path taken by the developed countries.
describe the three urban centers of New York, Developed countries were undeveloped in the
London, Tokyo as economic centers that exert beginning but not underdeveloped.
control over the world’s political economy
Latin American Structuralist approach – the
Theories of Global Stratification “excessive” reliance on exports of primary
commodities, which were the object of fluctuating
Modernization Theory – frames global prices in the short term & a downward trend in
stratification as a function of technological & relative value in the long haul
cultural differences between nations
Dependency is not a general theory of
2 Historical Events underdevelopment, but rather a methodology for the
analysis of concrete situations of dependency.
Columbian Exchange – refers to the spread of
goods, technology, education & diseases between “core nations” and “peripheral nations” are at the
the Americas & Europe after Christopher Columbus heart of dependency theory
so called “discovery of Americas”
Peripheral Nations – are countries that are less
Industrial Revolution – 18th & 19th centuries, this developed & receive an unequal distribution of the
is when new technologies, like steam power & world’s wealth
mechanization, allowed countries to replace human
labor with machines & increase productivity - rely on manual labor

Walt Rostow’s Four Stages of Modernization Core Nations – are more industrialized nations who
receive the majority of the world’s wealth
Traditional Stage - refers to the societies that are
structured around small, local communities with - export of raw materials
production typically being done in family settings
The Modern World System
Take-off Stage – people begin to use their
individual talents to produce things beyond the American sociologist Immanuel Wallerstein – the
necessities Capitalist world economy

Drive to Technological Maturity – technological Core – high income nations


growth of the earlier periods begins to bear fruit in Periphery – low income countries
the form of population growth, reductions in
Semi-periphery – middle income countries IMF serves as a lender or a last resort for countries
which needed financial assistance.
Ex. India, Brazil
World Bank had a more long-term approach. Its
CHAPTER 3 main goals revolved around the eradication of
poverty & it funded specific projects that helped
The social institution that has one of the biggest
them reach their goals, especially in poor countries.
impacts on society is the economy.
Economy is composed of people. It is the social Organization of Economic Cooperation &
Development (OECD) – it is highly influential,
institution that organizes all production,
despite the group having litter formal power. This
consumption & trade of goods in the society.
emanates from the member countries & economic
Primary Sector – extracts raw materials from power. 35 member states
natural environment Ex. Farmers or miners
Organization of Petroleum Exporting Countries
Secondary Sector – gains the raw materials & (OPEC) – was formed because member countries
transforms them into manufactured goods wanted to increase the price of oil, which in the past
had a relatively low price & had failed in keeping
Tertiary Sector – involves services rather than up with inflation
goods
Members: Saudi Arabia, Iraq, Kuwait, Iran,
The Bretton Woods System Venezuela, UAE, Algeria, Libya, Qatar, Nigeria,
Indonesia
5 Key Elements
European Union (EU) – 28 member states, most
1. The expression of currency in terms of gold members adopted the euro as basic currency except
or gold value to establish a par value Great Britain, Sweden & Denmark
2. The official monetary authority in each
country would agree to exchange its own North American Free Trade Agreement
currency for those of other countries at the (NAFTA) – is a trade pact between the US, Mexico
establish exchange rates, plus or minus a 1% & Canada
margin
3. The establishment of an overseer for these NAFTA helps in developing & expanding world
exchange rates, International Monetary Fund trade by broadening international cooperation.
4. Eliminating restrictions on the currencies of
It also aims to increase cooperation for improving
member states in the international trade
working conditions in North America by reducing
5. The U.S dollar became the global currency
barriers as it expands the markets of the 3 countries.

General Agreement on Tariffs & Trade (GATT)


was a forum for the meeting of representatives from
23 member countries. History of Global Market Integration
It focused on the trade goods through multinational Agricultural Revolution – when people learned
trade agreements conducted in many rounds of how to domesticate plants & animals it is much
negotiation. more productive than hunter-gatherer societies
World Trade Organization (WTO) located in Industrial Revolution, 1800s – the rise of industry
Geneva Switzerland with 152 member states as of came new economic tools, like steam engines,
2008. manufacturing & mass production
WTO is an independent multilateral organization Every economic revolution comes with economic
that became responsible for trade in services, non- casualties.
tariff related barriers to trade & other broader areas
of trade liberalization. Capitalism – is a system in which all natural
resources & means of production are privately
IMF and World Bank founded after World War II owned
for peace advocacy after the war, aimed to help the
economic stability of the world Emphasizes profit maximization & competition as a
main drivers of efficiency
International Monetary Fund (IMF) main goal
was to help countries which were in trouble at that Adam Smith, 1770s – “Invisible Hand” of the
time & who could not obtain money by any means. market, improving the quality of one’s product and
reducing its prices
Market Failures – an unregulated market ends up
allocating goods & services inefficiently

Socialism
- the means of production are under collective
ownership
- it rejects capitalism’s private property &
hands-off approaches
- property is owned by the government &
allocated to all citizens , not only those with
the money to afford it
- emphasizes collective goals, expecting
everyone to work for the common good &
placing higher value on meeting everyone’s
basic needs than on individual profit
Karl Marx – socialism, a stepping stone toward
communism, a political a& economic system in
which all members of the society are socially equal
The Information Revolution
Service Industry – includes job such as
administrative assistants, nurses, teachers & lawyers
Types of Jobs
Primary Labor Market – includes jobs that
provide many benefits to workers, like high
incomes, job security, and health insurance &
retirement packages. White collar professions
Secondary Labor Market – provide fewer benefits
& include lower-skilled jobs and lower-level service
sector jobs
Corporations – organizations that exist as legal
entities & have liabilities that are separate from its
members
Global Corporation
Multinational or Transnational Corporations(TNC)-
companies that extend beyond the borders of one
country. This is also referred as global corporations

 Some global corporations are ubiquitous like


McDonald’s And Coca-Cola
 TNC Influence the economy and politics by
donating money to specific political
campaigns and lobbyist.
Negative Effects of Globalization from TNC

 Trade does promote self-interested


agendas of corporation and give them
autonomy
 The global corporation also influences
politics and allow workers to exploited
Positive effects of Globalization from TNC

 Better allocation of resources


 Lower prices for products
 More employment worldwide

You might also like