Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download 20150612 VIEWS OF OUR WORLD
Document related concepts
Transcript
VIEWS OF OUR WORLD GLOBALIZATION The process by which societies, cultures, politics, and economies around the world are becoming increasingly integrated Economic globalization the process of increasing economic integration between countries Production, sharing markets, technology, industries of capital, production, labour, markets, technology and resources leads to lower prices Opposing Views POSITIVES allows for full benefit of free market capitalism Reduction of trade barriers such as fees and quotas Leads to economic growth in both developed and developing countries NEGATIVES A source of economic domination and oppression Does not always lead to economic growth Makes the differences between classes more evident Wealthy countries are usually the beneficiaries Poor working conditions, inequality THEORETICAL RESPONSES TO ECONOMIC GLOBALIZATION Globalization primarily involves capitalist Western societies spreading Western ideals and culture Often explained in terms of the relationship between capitalist countries and the rest of the world Modernization Theory Focuses on how traditional societies are transformed into modern societies Change is made possible by advancements in technology, industry, economic growth Societies also modernize through social, political, cultural change Rostow’s Model: Traditional cultural values a major obstacle Traditional thinking, religion, superstition sometimes view hardship and economic deprivation as inevitable A shift in values is necessary to become more receptive to change ie. More concern for individual rights and personal achievement Dependency Theory Wealth flows from poor countries to wealthier countries Economic activity in developed countries led to economic problems in underdeveloped countries In effect, underdeveloped countries provide resources, cheap labour and a market for developed countries Poverty is due to the way in which countries are integrated into world markets Terms of trade are unbalanced and unfair Global poverty is attributed to this exploitation How do we correct this problem? https://youtu.be/k2lvExRwDII https://youtu.be/aVx6cRBtm7c World-System Theory The capitalist world economy is a global system in which there is an international division of labour Core nations – most economically advanced Peripheral – poorest, least developed, dependent Semi-peripheral – semi-industrialized, process and manufacture natural resources Upward and downward mobility is possible – ie. Japan, China New International Division of Labour Theory Commodity production can be divided and assigned to areas that are most profitable Based on free trade and investment between countries Promoted by trade liberalization agreements that remove or reduce restrictions ie. Taxes, licensing, regulations Investment is thought to create jobs, however, profits do not typically stay in the country LABOUR LAW AND GLOBALIZATION https://youtu.be/onD5UOP5z_c What is the impact of this on Canadian society? TRANSNATIONAL CORPORATIONS Corporations that have operations in two or more countries Often have manufacturing plants and markets around the world APPLE: https://youtu.be/_RBW2bcMzuU Would APPLE be able to succeed in Canada? GM: https://youtu.be/8X5F9xuwy3k NON-ECONOMIC ASPECTS OF GLOBALIZATION Political Globalization World politics is becoming more integrated, reducing the importance of “nation-states” “multilateralism” involves the world community in global initiatives – ie. Disease, financial crises, climate change, security The emergence of international groups is a growing trend United Nations World Health Organization World Bank International Monetary Fund Are these organizations effective in carrying out their mandates? Environmental Effects http://www.ted.com/talks/al_gore_warns_on_latest_cli mate_trends?language=en#t-9672
