SOC101Y1 Lecture Notes - Lecture 19: Periphery Countries, Core Countries, Multinational Corporation
Document Summary
Globalization is a social, economic and political process that brings into contact and integrates people, markets, goods and services, culture, ideas and technology and capital. *general definition that implies a functionalist philosophy because it assumes that the phenomenon of globalization functions to increase integration and is based in consensus. 1990 5. 95$ to make a shoe in indonesia, the workers were paid 40cents an hour the buyer paid between 50$ and 100$ It would take the worker 535 hours to pay for the shoe the worker makes. When workers unionized the workers were fired and the military was brought in to stop the riots. More than all indonesian workers for nike combined. Politics can heavily shape how a country responds to globalization. North korea authoritative regime blocked off from the rest of the world. South korea democracy part of global trade. Also called multinational or international corporations are the most important agents of globalization in the world today.
