POLS 2200 Lecture Notes - Lecture 11: Thomas Friedman, Fixed Investment, Mcworld
22 Dec 2016
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Jackson and sorenson refer to it as an intensified interdependence ; creating a world economy that is not based on autonomous national economies but on a consolidated global marketplace for production, distribution and consumption. Each global location performs a different aspect of the production and servicing: naim calls it the widening, deepening and speeding up of worldwide inter-connectedness in all aspects of contemporary social life not just international trade and investment. Even if the current economic crisis is slowing things down, groups around the world are still interconnected. Liberals view of globalization: argue that the nation-state is becoming too small for some things and too big for others in era of. Liberals dominate much of the discussion on globalization globalization. Globalization creates cross-border activities which states no longer able to control on their own: at the same time, there is a trend towards stronger identification with the local community where people live their daily lives.
