What is Globalization?
- The intensification of a world-scale reorientation of economic, technological
cultural processes and activities that transcend state boundaries
- No longer have boundaries. We have an open world for free trade
- 4 dimensions of Globalization
1 - Global trade & Economic regulation
2 - The rise of WTO or the Worlds trade organization
3 - Transnational investment
5 - Corporations holding direct ownership and business operations
than one state
6 - For Canadians this is not a strange concept
7 - In Canada we have always been considered a branch plant of the
8 - Because of taxes and tariffs we see transnational as opposed to
plant - Advanced dissemination of knowledge
- Global migration and increased movement of people
- We see that people can move far more quickly than they could
Although they can not move as freely.
Is neoliberalglobalization new?
- Differs from the immediately preceding era in several ways:
- Busting open relatively closed national economies. An emphasis on trade
greater than in previous eras. There were more restrictions.
- Shifting regulatory role of the state
- States everywhere seem to be diminishing the scope and scale of the
- The idea that the state has an active role to play.
- But, states still freely enter into agreements that liberalize trade and
investment. They in essence are the people who give birth to
- Dont view states as victims of globalization, but rather as agents
- A very common line is that Governments have no choice. Untrue, they
authors of globalization
Globalization: a Neoliberal Project
- Globalization really is a political agenda
- Advance capitalist countries win from globalization
- When NAFTA first came into play (Can, US, Mex)
- Who within these countries benefit from this. ie. Corporate America wins from
globalization and US workers lose from globalization. Different class
Impact on workers and unions
- Decline of the welfare state has diminished standards of living and quality
of life for
working class people
- - Disproportionally hurt the people who rely on it.
- Competitive pressures put w