POLS 2200 Lecture Notes - Lecture 11: Benjamin Barber, Economic Globalization, Economic Liberalism
24 Dec 2016
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Jackson and sorenson refer to it as an (cid:498)intensified interdependence(cid:499) Creating a world economy that is not based on autonomous national economies but on a consolidated global marketplace for production, distribution and consumption. This single global economy dominates all the individual national economies that are contained within it. Other scholars refer to shallow and deep integration. Deep integration occurring as a result of tncs increasingly organizing the production of goods and services on a global scale. Each global location performs a different aspect of the production and servicing. Naim calls it the widening, deepening and speeding up a worldwide interconnectedness in all aspects of contemporary social life--not just international trade and investment. Even if the current economic crisis is slowing things down, groups around the world are still interconnected. Liberals dominate much of the discussion on globalization. Argue that the nation-state is becoming too small for some things and too big for others in era of globalization.
