SOC 1101 Lecture 12: SOC1101 Class 12

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Too broad, cannot be operationalized can be misleading. Suggest that globalization is primarily a phenomenon, which confined to select states. Not a global economy but rather several major economic/political blocs. Turbo-capitalism the end of the nation state/welfare state is overstated. We are not seeing a new world order but a return to pre-cold geo- politics, where the most powerful states/social forces have consolidated their global dominance. The sceptical thesis charges, the hyper globalists with ignoring the continued primacy/strength of nation-state. Globalization also involves the spatial re-organization and re- articulation of economic, political, military and cultural power (held. Globalization can be understood as a transformational process of human social organization, which extends power relations globally. A world in where a development in one locality has the ability to shape the life in other parts of the world. Globalization is extremely unequal in its embrace and impact it can divide as well as integrate.

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