SOCI 254 Lecture Notes - Occupy Wall Street, Metric System, Walt Whitman Rostow

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Other argument: today"s differences are due to culture. Economic, social and political activity become stretched over regions, Flows of goods, trade, and services are increased. Speeding up of global interactions (transport, goods, trade, etc. ) Transportation of goods has become very cheap. Boundaries between global affairs become increasingly blurred. Nation state does sign away some authority, they still have basic control of the institution. Trade agreements (i. e. nafta), accept some regulations. 1)neo-liberal: it supports the idea of a single global market and the removal of international barriers (which are characteristic of globalization). Their main argument is that compared to communism, capitalism has not collapsed and has actually brought economic growth. For instance, progress has been observed in the millenium development. Goals. limitation: you can"t know for sure whether economic growth occurred because or despite globalization. 2)radical: globalization perpetuates the inequality between the rich elites and the poor. Globalization is a new form of imperialism which doesn"t.

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