2. Globalization The New World Order?

3. Defining Globalization Globalization most commonly refers to the interconnectedness and interdependence of world markets But Globalization also implies the movement of culture, religion, media, political and military institutions across borders The environment has always been globalized – air and water know no national boundaries

4. Globalization Markets Culture Politics Media Environment Technology

5. Examples of Globalization Coca-Cola operates in over 200 nations more countries than the United Nations has members. The cloth that is used to make GAP clothing is woven in China, sent to Indonesia for dying and piecing, then sent to Nicaragua for assembly, and finally shipped to stores all over the world for consumption

6. Is Globalization New? No – Crusades; Slave Trade; Colonialism – all examples of globalization What is new is the rate of change Technology means money, capital, culture, people, goods and services can move around the globe – and impact the globe – in seconds

7. Does Globalization affect Everyone? Yes While there is no one who is not affected by current processes of globalization, we do not all experience globalization in the same way A textile factory moves from Detroit to the Philippines: An American worker loses a job; a Filipino gains a job; clothing prices fall...

8. Is Globalization Good? Yes For rich countries, consumers are offered greater choices at cheaper prices Free markets are democratizing which is good for world politics Globalization means increased economic prosperity for poor countries which leads to more freedoms and a cleaner environment Creates cross-cultural interactions that lead to a more peaceful world No Globalization is really Americanization – not reciprocity but imposition Globalization is really neocolonialism: exploitation of resources, labor and environment of smaller, weaker countries by larger, powerful countries Replacing rich diversity of cultures with monolithic, commodity-based culture Consumer choice is not same as political power

9. Embracing or Rejecting Globalization Whatever our opinion of Globalization, it is a reality in the 21 st Century The question, then, is not whether the world will be globalized, but how it will be globalized