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SOCIOL 1A06 (735)
Lecture

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Department
Sociology
Course
SOCIOL 1A06
Professor
Sandra Colavecchia
Semester
Winter

Description
2/2/2013 1:08:00 PM Globalization:  Describes world wide exchanges; goods, services, money  Social and cultural changes  World wide interconnectedness  Critics say: Globalization is not a neutral process of increasing interconnectedness  Shrinking of the world o Capital (money) – it can move across vast distances o Ideas, culture, companies, products, people  Countries are interconnected politically, economically, culturally  travel and migration  communication o TV, telephone, internet  space-time compression o technology allows each one of us to connect vast geographical distances almost instantly Images of Globalization:  Hollywood: spread of American culture  Jet: unprecedented growth and speed of travel  Cell phone: communication  Google, apple, Microsoft: communication and internet technologies  ATM: consumer banking changed, Top Down Globalization  Capitalism globally: (overcapacity, taxes, global commodity chains, cultural imperialism) o Overcapacity: making more products than consumers have to buy o Taxes: o Global commodity chains: culture has become co modified o Cultural imperialism: American values, ideas getting exported around the world  Financial capital (casino capitalism) o Has grown faster than production in trade  Neo-liberal economic policy o Let the laws of supply and demand regulate the market not the government o Less st
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