1. The Challenge of Globalization

2. The Challenge of Globalization
Reading:
Valentine Ch
Final Exam:
3:30-5:30 pm 11 April Curtis E

3. What is Globalization?

4. Time-Space Compression
David Harvey
Over time technology reduces the factor of distance on transport and communications
“The world grows smaller”

5. Time-Space Compression

6. Time-Space Compression
Information & communications technology have boosted this greatly

8. Time-Space Compression
Distant authority may be more powerful than local people

9. Disembodiment
Global social networks become “disembodied”

10. Economic Organization
Goes global
Capitalism relocates production where it is cheapest
use information technology to ensure quality, flexibility, delivery-on-time
Capitalism seeks out the most profitable markets
globally

11. Globalization Undermines the autonomy of nation states
National regulatory frameworks are dismantled
under global pressure

12. Globalization
Emergence of a network of global control points, global cities
New York
London
Tokyo

13. Globalization Widening gap between rich & poor
Incomes in Africa have declined ever since 1970

14. Income gaps and information technology: USA

15. Globalization
Increased global flows of money, goods & services

16. Globalization New global flows of people
Third World migrants head to First World
First World managers become globally mobile

17. Manuel Castells: Managers and their information technology:
Space of Flows
Comes to dominate:
Blue-collar workers and everyone else: Space of Spaces

18. Polarization of Labour Markets
Managerial workers: globally mobile
Manufacturing jobs: migrate to parts of the Third World
where labour is cheap
loss of blue-collar jobs in First World

20. Sense of Place Place re-worked by globalization
Loss of local autonomy, distinctiveness
places become similar
Sense of dislocation
People being exiled, transplanted
Globalization = Spread of western culture?

21. Mongolia

25. What happens to locality?
Distinctiveness might fade
But is often becoming more significant
Global generates local?

27. Polish McDonald’s

28. Poland

29. Shanghai

30. Shanghai Emerging global city Becoming the economic hub of China
Being transformed by globalization
Still retains Chinese culture & customs
hanging laundry out to dry

31. Shanghai