SOC236H5 Lecture Notes - Civil Society, Consumer Capitalism, Washington Consensus
Document Summary
Tends to be supported by business people, religious missionaries, and those with faith in global consumerism. Brings liberal values and capitalist markets through out the globe. Tends to be criticized by activists, supporters of local economies, those critical of global capitalism and us hegemony. Space-time compression: describe the speeding up of social life under globalization, and the diminished significance of geographic space (less relevant) An economic system in which the means of production are privately owned and controlled and which is characterized by competition, the profit motive, markets, and growth. Citizens and states: sovereignty challenged by transnational organizations (eg, imf, world bank, Wto, the united unions (un) and tncs ( ) in neo-imperial relationships. Consumers: consume long-distance goods; homogenous global culture; glocalization . Laborers: transnational migration; job losses in a competitive global labor markets; the race to the bottom . Capitalists: transnational corporations (tncs) develop global assembly lines .
