DVM 1100 Lecture Notes - Lecture 5: Hybridity, Strategos, Cultural Imperialism

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Impacts of the process of globalization on the theory, The goal is to do business for profits. Presented practical solutions, rather than theoretical ones, to the stagflation happening in the world. Reduction of public expenditures, particularly social spending. Shift from bipolar to multipolar world: too much emphasis on footloose capitalism, nationalist perspectives and developmental state model, leftist and labour unions, social and identity/cultural solidarities and movements, strategi(cid:272) a(cid:272)tivis(cid:373)" (cid:271)y developi(cid:374)g (cid:272)apitalist states. Many regional conflicts and civil wars originate form mncs competition in market. The proclaimed human flourishing is a hollow concept. Information technology benefits the affluent societies: transformationalist re thinking on globalization and development, understanding globalization as, glocalization, hybridity, global melange, injunctures. Glocalization instead of globalization - claims of homogeneity of culture under globalization lose ground. 1 pros realistic/positive view: globalization is like a river, we must build dams to generate power.

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