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Globalization

Globalization. By Professor Timothy Lim Department of Political Science Cal State Los Angeles. Four Inter-Related Questions. • What is globalization? • Is globalization new? • Is globalization significant? Why? • What do we need to know about globalization?.

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Globalization

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  1. Globalization By Professor Timothy Lim Department of Political Science Cal State Los Angeles

  2. Four Inter-Related Questions • What is globalization? • Is globalization new? • Is globalization significant? Why? • What do we need to know about globalization?

  3. What is Globalization? Some Definitions • Globalization refers to all those processes by which the peoples of the world are incorporated into a single world society, global society.

  4. What is Globalization? Some Definitions • Globalization can be defined as the intensification of worldwide social relations which link distant localities in such a way that local happening are shaped by events occurring many miles away and vice versa.

  5. What is Globalization? Some Definitions • Characteristics of the globalization trend include the internationalizing of production, the new international division of labor, new migratory movements from South to North, the new competitive environment that accelerates these processes, and the internationalizing of the state …making states into agencies of the globalizing world.

  6. What is Globalization? Some Definitions • Globalization refers to the processes whereby social relations acquire relatively distanceless and borderless qualities, so that human lives are increasingly played out in the world as a single place.

  7. What is Globalization? Some Definitions • Globalization is a historical process, the result of human innovation and technological progress. It refers to the increasing integration of economies around the world, particularly through trade and financial flows. The term sometimes also refers to the movement of people (labor) and knowledge (technology) across international borders. There are also broader cultural, political and environmental dimensions of globalization

  8. What is Globalization? Some Definitions • Globalization is a term used to describe the acceleration and intensification of economic interaction among the people, companies, and governments of different nations.

  9. What is Globalization? Some Definitions • Globalization is what we in the Third World have for several centuries called colonization.

  10. A. Globalization refers to all those processes by which the peoples of the world are incorporated into a single world society, global society. B. Globalization can be defined as the intensification of worldwide social relations which link distant localities in such a way that local happening are shaped by events occurring many miles away and vice versa. C. Characteristics of the globalization trend include the internationalizing of production, the new international division of labor, new migratory movements from South to North, the new competitive environment that accelerates these processes, and the internationalizing of the state …making states into agencies of the globalizing world. D. Globalization refers to the processes whereby social relations acquire relatively distanceless and borderlessqualities, so that human lives are increasingly played out in the world as a single place. E. Globalization is a historical process, the result of human innovation and technological progress. It refers to the increasing integration of economies around the world, particularly through trade and financial flows. The term sometimes also refers to the movement of people (labor) and knowledge (technology) across international borders. There are also broader cultural, political and environmental dimensions of globalization F. Globalization is a term used to describe the acceleration and intensification of economic interaction among the people, companies, and governments of different nations. G. Globalization is what we in the Third World have for several centuries called colonization.

  11. Globalization … Searching for a Definition ?

  12. Globalization … Searching for a Definition • Globalization is an ambiguous and contested concept

  13. A Multidimensional Definition of Globalization From What is Globalization? By Ulrich Beck

  14. A Multidimensional Definition of Globalization • Informational globalization

  15. A Multidimensional Definition of Globalization • Informational globalization • Ecological globalization

  16. A Multidimensional Definition of Globalization • Informational globalization • Ecological globalization • Economic/Financial globalization

  17. A Multidimensional Definition of Globalization Remember Nick Leeson?

  18. A Multidimensional Definition of Globalization Remember Nick Leeson? He single-handidly lost 800 million pounds in “rogue” trading for Barrings Bank in 1995. This amount represented almost the entire assets of the bank!

  19. A Multidimensional Definition of Globalization • Informational globalization • Ecological globalization • Economic/Financial globalization

  20. A Multidimensional Definition of Globalization • Informational globalization • Ecological globalization • Economic/Financial globalization • Globalized Labor Cooperation and Globalized Production

  21. A Multidimensional Definition of Globalization • Informational globalization • Ecological globalization • Economic/Financial globalization • Globalized Labor Cooperation and Globalized Production • Cultural Globalization

  22. A Multidimensional Definition of Globalization

  23. A Multidimensional Definition of Globalization • Informational Globalization • Ecological Globalization • Economic/Financial Globalization • Globalized Labor Cooperation and Globalized Production • Cultural Globalization • Ideological Globalization

  24. Three Aspects of Globalization: Breaking it Down ...

  25. Three Aspects of Globalization: Breaking it Down ... Globalism

  26. Three Aspects of Globalization: Breaking it Down ... Globalism Represents the ideological aspect of globalization. Based on the idea that the rule of the market is the only viable form of social, political and economic organization for the future. In this view, politics is dead in that decisions no longer have to be carried out through a system of governance, but only through the market: the market knows best.

  27. Three Aspects of Globalization: Breaking it Down ... Globality

  28. Three Aspects of Globalization: Breaking it Down ... Globality Globality means that we have been living for a long time in a world society, in the sense that the notion of closed spaces has become illusory. No country can shut itself off from others.

  29. Three Aspects of Globalization: Breaking it Down ... Globalization

  30. Three Aspects of Globalization: Breaking it Down ... Globalization Denotes the processes through which sovereign national states are criss-crossed and undermined by transnational actors with varying degrees of power, orientations, identities, and networks.

  31. Is Globalization New?

  32. Is Globalization New?

  33. Is Globalization Significant? Why?

  34. What do we need to know about globalization?

  35. What are the consequences globalization? What are the ramifications of globalization?

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