Globalization

Why are countries and government victims of the market economy? p 225

been weakened as a result of technological and financial change and of accelerated integration of national economies into one single global market economy. it is not in a direct sense their fault or the fall of others. just victims

What are the tree major consequences that increased substiutability has caused amongst workers? p 246

formal schooling

Why can capitalism exist only in a world-economy, according to Wallerstein?

requires very special relationship bt economic producers and the holders of political power. if the power of holders becomes too strong as in a world empire their interests will override those of the economic producers and the endless accumulation of capital will cease to be a minority. capitalists needs a large marektand multiple states so that they gain the adantages

How does Ronald Robertson define global consciousness? Illustrate some examples.

sociologist Roland Robertson suggests replacing the concept of globalization with the concept of "glocalization". In using "glocalization" rather than globalization Robertson wishes to blur the boundaries between the local and the global.

How does Robertson define globalization, and how does this "model of order" capture its key features? What is the "take-off period: of modern globalization?

the compression of the world and the intensification of the consciousness of the world as a whole".This definition has also been credited as the first ever definition of globalization.

What are the anti-monopolistic features in a capitalistic, world-economy and what purpose do they serve? Do you believe these are sufficient or should additional measures be instituted? pg. 54

1.one producers monopolistic advantage is another producers loss. the losers will try to politically remove the advantages so they can win too by appealing to the idea of free markets and offering incentive to those who help them. 2. persuade other stats to defy the world market monopoly by using their state power to sustain competitive producers

"The central problem of today's global interactions is the tension between cultural homogenization and cultural heterogenitization." p.97 What are some ways this tension is compounded? Eased? Do you believe that homogenization is possible?

Homogenization: americanization and commoditization are closely linked.they become indigenized. fear that indianization would be a bad influence on america

"A capitalist system cannot exist within any framework except that of a World-economy." Do you agree with this? Why or why not? What are the components required for a capitalist, world-economy to be successful and why? p 52

The book states that a world-economy and a capitalist system work together. held together by efficacy and the division of labor. this efficacy is a function of the constantly expanding wealth that a capitalist system provides.

One view is that globalization is "a gift from the West to the World" and the opposite view sees globalization as the "continuation of Western imperialism: How do you perceive globalization? p. 16

The book states that globalization has contributed to the progress of the world through travel, trade, migration, spread of cultural influences, and dissemination of knowledge and understanding

What are the two main forces for sustained cultural interaction?

warfare and religions of conversion. the world has seen much long distance cultural traveling