DVM2106- Globalization recap and Culture

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International Development and Globalization
Ruby Dagher

Lecture 11 February-14-14 4:06 PM Globalization recap: -video on corporate land grabs in Asia and Africa in the name of development • Land grabs are rich countries buying land in poor countries instead of supporting land reform that will allow people to grow food for their families • Purpose is to reduce food insecurity but they're not paying their promises with jobs and investment in the host countries -"new colonialism" -there's grassroots organizations fighting back but they need support and backing to make change -we put a lot of pressure on locals to fight their own fights but is this the answer? Will this make a change? -video for service-delivery: civil society being supported by an international NGO, Christian Aid -these teams of organizations team up and stop the corporation from coming in, but where does the private corporation go? Somewhere else more desperate - does this solve the problem? It solves the problem for THIS community but not all , we're just doing patchwork , is it even ethical to decide one community over another? We need to decide that the system isn't working -you need these grassroots organizations to help people understand the issues - the burden can't just be on their shoulders though, we need change the system • If you decrease subsidies in the US then how do you protect this suffering industry? Current globalized system leads to… -this globalized system, puts all the benefits and choices to the corporations and hoping it trickles down to us makes us question who's accountable • It's not just the consumers, is it the government (no because they don't have access to information, they are politically questionable, and strapped for money), shareholders and corporates aren't doing anything • The market doesn't cover all aspects of life - how many people had to die of AIDS in Africa before people went crazy about it? -Ethical mutual funds are mutual funds that invest in ethical companies -not a lot of people were interested -even when they are available in the market, they are not as enticing • Ethical concerns - who are you to decide we're going to fund this project over there and not this project over there? Who gives you the right to decide who's going to eat? • Consumers who say I won't buy Wal-Mart, Joe Fresh, Nestle etc. are overwhelmed but imagine the people who are suffering • Increased competition… dividends are a percentage of profit to shareholders (if you're not able to pay your dividends then there's a possibility of take o
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