IB 201 Lecture Notes - Lecture 1: Year 2000 Problem, High Tech, Microsoft Powerpoint
6 Dec 2016
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Document Summary
The globalization debate: the same as feelings, religion, though most religions advocate high ethical standards, following the law, though a good lawful system incorporates ethical standards, following culturally accepted norms: some cultures are blind to ethical concerns, science. Science serves as an explanation for how humans should act: just because something is scientifically possible, doesn"t mean it"s ethical, law can become ethically corrupt. Difference of opinion on how the internalization of businesses is affecting countries" cultural, consumer, and national identities and whether these changes are desirable. The shift toward a more interdependent and integrated global economy is fueled largely by: declining trade and investment barriers, new technologies. Whether and how fast markets are actually merging together. Flat-world view (metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have equal opportunity): according to thomas friedman: Globalization 1. 0 - columbus"s discovery of the new world and ran from 1492 to about 1800.
