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Globalization Notes

The document discusses globalization, highlighting its interconnectedness and various types such as economic, cultural, and political. It examines economic globalization's history, challenges, and key players, emphasizing its unequal effects on countries. Additionally, it explores the impact of globalization on global politics and international relations, including the influence of global organizations and the balance between local sovereignty and global cooperation.
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0% found this document useful (0 votes)
15 views4 pages

Globalization Notes

The document discusses globalization, highlighting its interconnectedness and various types such as economic, cultural, and political. It examines economic globalization's history, challenges, and key players, emphasizing its unequal effects on countries. Additionally, it explores the impact of globalization on global politics and international relations, including the influence of global organizations and the balance between local sovereignty and global cooperation.
Copyright
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We take content rights seriously. If you suspect this is your content, claim it here.
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Module 1: Globalization

- What is Globalization?

- It's how the world is becoming more connected.

- People, goods, money, ideas, and culture now move around the world faster and easier.

- Important Ideas

- Time-Space Compression: The world feels smaller because we can travel and communicate

faster.

- Uneven Effects: Globalization helps some places more than others. Some benefit, some are left

behind.

- Kinds of Globalization

- Economic: International trade and businesses.

- Financial: Global money systems like stock markets.

- Cultural: Foreign cultures mixing or replacing local ones.

- Political: Countries following global rules or joining groups like the UN (United Nations).

- Sociological: People and information moving quickly across borders.

- Technological: Using the internet and digital tools to connect globally.

- Geographic: Traveling easily changes how we see the world.

- Ecological: Countries working together to solve global problems like climate change.

- What Scholars Say

- Manfred Steger: Globalization makes people more connected across the world.

- Globalism = The belief that global connection is good for all.

- Arjun Appadurais 'Scapes':

- Ethnoscape: People moving.

- Mediascape: Spread of media and culture.

- Technoscape: Tech and tools spreading.

- Financescape: Global money flow.

- Ideoscape: Political ideas spreading.


- Key Point

- Globalization has many sidessome helpful, some harmful.

Module 2: Economic Globalization


- What is It?

- Its about how goods, services, and money are traded between countries.

- History

- Silk Road: Old trade route (China to Europe).

- Galleon Trade: Connected Asia and the Americas through the Philippines.

- Gold Standard: A way to keep trade fair using gold.

- Big Economic Systems

- Bretton Woods: Set rules after WWII to help world economy.

- IMF (International Monetary Fund): Helps countries with money problems.

- World Bank: Helps poor countries grow.

- GATT (General Agreement on Tariffs and Trade): Helped countries trade with fewer taxes.

- Challenges

- Stagflation: Prices went up, but economy slowed down.

- Neoliberalism: Idea that governments should spend less and let businesses grow freely.

- Main Players

- TNCs (Transnational Corporations): Big companies that often care more about profit than people.

- Rich Countries: Protect their own products; this can hurt poor countries.

- Problems

- Trade Imbalance: Poor countries lose in trade.

- Race to the Bottom: Countries make rules weaker to attract investors.

- Philippines' Role

- Joined early global trade and still affected by global economy today.

- Summary
- Economic globalization shapes how the world trades, but its not always fair.

- Quotes to Remember

- The time to repair the roof is when the sun is shining. John F. Kennedy

*Prepare and solve problems while things are still going well.*

- There aint no such thing as a free lunch. Pierre Dos Utt

*Everything has a costeven things that seem free.*

Module 3: Global Politics & International Relations


- What Globalization Does to Governments

- Countries now depend on each other more.

- Global rules can pressure local governments.

- Sovereignty (independence) can be challenged.

- Global Organizations

- Examples: UN (United Nations), WTO (World Trade Organization), IMF (International Monetary

Fund).

- Treaties: Formal deals between countries.

- Diplomacy: Countries talk and make peace through their leaders.

- Two Big Ideas

- Internationalism: Countries working together.

- Liberal Internationalism: Wants world peace and cooperation (Kant, Bentham).

- Socialist Internationalism: Focuses on working-class unity, not nationalism (Marx).

- Globalism: Belief in a fully connected world (economy, politics, culture).

- Todays World

- Countries still have power, but global groups influence them too.

- History of International Relations

- Treaty of Westphalia (1648): Countries should control themselves.

- Napoleons Wars: Challenged old systems.


- Concert of Europe: Tried to keep peace in Europe.

- Important Thinkers

- Kant, Bentham, Mazzini, Wilson, Marx all had ideas about how the world should work together.

- Revolutions Matter

- Revolutions (like in Russia) can lead to new global ideas and alliances.

- Big Questions Today

- Can countries stay independent while joining global groups?

- How do we balance local power and global cooperation?

- Quotes to Remember

- The measure of a man is what he does with power. Plato

*A persons true character is shown by how they use their authority or control.*

- Democracy arises out of the notion that those who are equal in any respect are equal in all

respects. Aristotle

*People believe in democracy because they think everyone deserves the same rights and respect.*

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