HUMR 1001 Lecture Notes - Lecture 4: Free Trade, North American Free Trade Agreement, Trans-Pacific Partnership
6 Feb 2018
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Document Summary
Think of globalization as the growing interpenetration of states, markets, communications, and ideas across boarders . As a result of globalization, people"s lives are linked together more deeply and immediately. National boarders are less relevant than before. States have less power to regulate what affects their territories and populations: features of globalization. Large scale immigration, large scale population movements. Global networks of ngos: globalization has both positive and negative implications. Flows of capital and goods: trans-national corporations: liberalization of trade, integration of economies has had significant benefits. Fostered technological transfers: human rights: economic growth through free trade can enable greater development of human rights, free trade leads to other political and social freedoms. Ex: china has embraced capitalism but has not seen tremendous improvement to human rights: globalization has greatly increased the power of transnational corporations. States cannot control their economies on their own without acknowledging the economic capacity of other countries.
