SOCIOL 2R03 Lecture Notes - Lecture 5: Robert Reich, Modernization Theory, Western Standard
8 May 2016
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Document Summary
Gordon laxer (1995: 287-288): globalization is about four interrelated changes. 2: new information and communication technologies, cultural changes. Robert reich (1991: 302-303): laments the dark underside of globalization in which the rich increasingly disengage themselves from their fellow countrymen and leave them in deteriorating conditions . After ww2 japan rose to be a major competitor of the u. s. The financial crisis" spoke to the great deal of interconnection that one national economy cannot dominate over all others (it effects everyone then) These trade agreements effected everyone (integration of the market) All of these speak to another area of globalization: activism talks about the unfair distribution (groups demanding a fair arrangement for global and everyday workers) For individuals who are not benefiting from these global trade agreements. The promise of cross border trading that it will bring greater prosperity has been found false. Within capitalism there lies the seed to its own destruction (marx)
