3. Globalization
• Thousands of competing definitions. World Bank
• Here’s a working one: Globalization refers to increasing global
connectivity, integration and interdependence in the economic,
political, social, cultural, ecological and technological spheres.
• Globalization discussions include many sub-processes (such as
enhanced economic interdependence, increased cultural influence,
rapid advances of information technologies, and novel governance,
national, and geopolitical challenges) that are increasingly binding
people, location, and the biosphere more tightly into one global system
with one destiny.
• In economics, a broad definition is that globalization is the
convergence of prices, products, wages, rates of interest and profits
toward developed country norms. Globalization of the economy
depends on the role of human migration, international trade, movement
of capital, and integration of financial markets.
4. Tsing: Jameson & Harvey
• HARVEY: According to Harvey, "the
general effect is for capitalist
modernization to be very much about
speed-up and acceleration in the pace of
economic processes and, hence, social
life" (Harvey, 230). The goal of this
speed-up is to accelerate "the turnover
time of capital" which is composed of
the "time of production together with
the time of circulation of
exchange" (Harvey, 229). In this
process, the rapidity of time annihilates
6. Globalism
• Difference between Globalization and Modernization? 328-9
• Globalization --free trade 31
• Globalism (definition)
7. Tsing
• creek metaphor--why useful?
• What is modernization 329
• What is problem w/globalization that is not
problem of modernization? 330
• 3 projects of her piece 330
9. New Starting Points for
Globalization Study
• Scale Making
• Close Encounters
• Definitional Struggles
• Concrete Trajectories and Engagement
• READ 351
Globalization refers to increasing global connectivity, integration and interdependence in the economic, social, technological, cultural, political, and ecological spheres. inclusive of many sub-processes (such as enhanced economic interdependence, increased cultural influence, rapid advances of information technology, and novel governance and geopolitical challenges) that are increasingly binding people and the biosphere more tightly into one global system with one destiny.\nIn economics, a broad definition is that globalization is the convergence of prices, products, wages, rates of interest and profits toward developed country norms.[3] Globalization of the economy depends on the role of human migration, international trade, movement of capital, and integration of financial markets. The International Monetary Fund notes the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions, free international capital flows, and more rapid and widespread diffusion of technology.\n\nb. History of it is a big thing now—it’s no longer just new. That was the argument a decade ago (and appardurai clings to it)\nWebsite\n\n
As Harvey puts it, "innovations dedicated to the removal of spatial barriers...have been of immense significance in the history of capitalism, turning that history into a very geographical affair--the railroad and the telegraph, the automobile, radio and telephone, the jet aircraft and television, and the recent telecommunications revolution are cases in point" (Harvey, 232). All these modernizations have served to make the world a smaller place, and have in the last quarter of the twentieth century connected disparate markets together in the creation of a world market with global producers and global consumers.\nTV news gives us in one half-hour, images, coupled with sound bites of processed information, of Palestinians throwing rocks down sun bleached streets in the middle-east, of Hutus and Tutsis swinging axes in the green southern valleys of Africa, of a face of a tupac amaru guerilla in Peru, of a Parisian drinking wine in an outdoor dinery, and of a mid-western town drowned by a flood; while the Disovery channel takes us to the Himalayas on our couch; and grocery stores are filled with "Kenyan haricot beans, Californian celery and avocados, Noth African potatoes, Canadian apples, and Chilean grapes"\n\n
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Supporters of free trade point out that economic theories of comparative advantage suggest that free trade leads to a more efficient allocation of resources, with all countries involved in the trade benefiting. In general, this leads to lower prices, more employment and higher output.\nFILM:\nwiden gap\nlonger life, better expectation\n\nVietnam opened up\nBasic definition\nMany sites\nShort video link\n\nInsure benefits of globalization. open markets , development assistance. \nHow is this being presentedl\n\nNot migration\n\n\n
3 projects: (charisma, better use of charsism, global interconnections studyJ)\n