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Lecture 2

GGRC45H3 - Week 3, Lecture 2 Notes (January 26, 2011) (Min-Jung Kwak, Winter 2011)

7 Pages
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Department
Geography
Course Code
GGRC45H3
Professor
Min- Jung Kwak

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Symphony Kwong (996285096) GGRC45H3 J Week 3, Lecture 2, Lecture Notes Political Economy of Globalization: Neo-Liberalism & Debates Wednesday, January 26, 2011 GGRC45H3 J Week 3, Lecture 2, Lecture Notes Political Economy of Globalization: Neo-Liberalism & Debates Wednesday, January 26, 2011 - historical development of neoliberalism - major characteristics of neoliberalism - myths about neoliberalism - why is neoliberalism criticized? is neoliberalism good or bad? Recall From Last Week - question: is globalization good or bad? Z Discussions good bad job creation labour exploitation by TNCs (MNCs) exposure to diverse cultures increasing gap between the rich and the poor access to information loss of traditional culture access to markets environmental degradation freer mobility diminishing state power freer capital flows technology spill-over 4 Questions for Today - how did neo-liberalism make its way in the current era of globalization? - what is neo-liberalism? what are major characteristics of neoliberalism? - why and how geography matters when we discuss neoliberalism? - is neoliberalism (economic globalization) good or bad? Group Discussion - what is neoliberalism? what are major characteristics of neoliberalism? - as far as I have read and watched, I heard a lot more negative things about neoliberalism (or more precisely negative impacts of neoliberalism); can you defend neoliberalism? discuss how neoliberalism have improved or will further improve our lives - some predict the end of neoliberalism while others push the ideology; can you speculate the future of neoliberalism? 1 www.notesolution.com
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