1. Globalization

2. What is Globalization? ●The expanding global interconnection of the world in all aspects: political, economic, cultural, social, technological ●Erasing borders between countries and cultures ●Homogenization (look it up!) of the world Don’t write

3. ●A new international order that replaced Cold-War order ●A situation where a producer may produce anywhere, sell wherever they want, use resources of any country, and have HQ anywhere Don’t write

4. The World-Economy Theory - Hyperglobalization ●Globalization is a natural process as capitalism spreads. ●The world is a market and labour force pool. ●There exist core driving countries, semi-peripheral countries who are on the outside and peripheral countries

5. Semi-Periphery Countries (purple)

6. The Third Way Theory =Transformationalism ●Globalization is a biased process. ●There is a need to protect diversity against homogenization. ●Nation-states will be transformed to be able to face competition on the world market.

7. The World-Culture Theory = Homogenism ●Creation of a world culture is a part of globalization, not its side-effect. ●Cultural homogenization started in colonial times (exploration, trade, economic and cultural expansion). ●EU or US culture as a world norm (point of reference). Don’t write

8. What is Globalization? An English princess and her Egyptian lover perish in a car crash inside a French tunnel while traveling in a German vehicle with a Dutch engine driven by a Belgian, who had earlier had a sip of Scottish whisky and was trying to elude their Italian paparazzi pursuers driving a Japanese motorbike. She is subsequently administered CPR by an American paramedic using Brazilian pharmaceuticals. And this text was written by a Filipino operating on technology patented by Bill Gates, who had borrowed it from the Japanese. And you're probably sitting there reading this on a clone of the American IBM that depends heavily on Taiwanese hardware and has a Korean monitor assembled by Bangladeshi workers at a Singaporean factory, transported by truck by Indians, and finally sold to your country of residence by the Chinese. THAT is globalization!” Don’t write

9. Passenger Flights

10. Pictures of Globalization

13. Time-Space Convergence

15. The Big Mac Index

18. Is Globalization really a Global Process? Which of these brands originate from ● Africa? ● South America? ● Asia (besides Japan and South Korea)? ● Let’s look a few up! Don’t write

19. Anti-Globalists WTO summit in Seattle, 1999 – symbolic birth of the movement ●Globalization leads to poverty of the South and wealth of the North ●Significant part of the world population does not benefit from globalization ●Globalization leads to uniformity of societies ●Globalization leads to gradual degradation of the environment ●Well developed countries are dictators on world markets ●Debts of the South should be retired at once, without any conditions Don’t write

20. Worldwide Internet Users

21. Advantages of Globalization? ●Free movement of people (f.e. tourism, migration) ●Free exchange of goods (trade gains, lower prices) ●Free exchange of ideas and information ●Quick dispersion of innovation ●International division of work (specialisation of work, scale advantages) ●Quicker economic increase

22. Disadvantages of Globalization ●Free movement of people ●Mass tourism and its consequences ●Free exchange of people (migration: brain drain) ●Protection of EU farmers (300 billion $/year; 16x more than aid for Africa)

23. Disadvantages of Globalization ●Weaker countries cannot successfully compete ●Local economic crises strike the whole world ●Diseases easily disperse ●Increase of crime, terrorism, smuggling of drugs and arms ●Economic neo-colonialism ○ – commonwealths ○ – subordination of weaker countries

24. Perspectives on Globalization Globalisation should be strengthened through: ● Increase of information flows ● Elimination of stereotypes and prejudices ● Change of approach to ‘the others’ (competitor, not enemy)

25. Perspectives on Globalization Globalisation should be limited and subordinated to a set of priorities: ● Social ● Cultural ● Ecological

26. An alternative to globalisation should be found in: ● Local movements ● Sustainable development

27. Global Facts Sheet ●Read through the Fact sheet handout ●Circle the three facts you find the most interesting. ●In a few sentences (write em down), explain what these facts tell you about globalization and the effects it's having on the world.