Political Science 1020E Lecture Notes - Lecture 4: Mark Blyth, Social Market Economy, Bourgeoisie
22 Jan 2017
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Document Summary
Enterprise capitalism - liberal: small state, labour flexibility, self-regulating market. State capitalism neo-mercantilist: free market, society protected against market effects, negotiation by social partners, germany leading example, state directs social partners, state picks winners. Japan leading example: china may be reinventing the model. Globalization: a complex process of integration and interconnection, and a single global market, culture, society, and political order, tending toward a (cid:498)borderless world(cid:499, intensification of transnational flows goods, services, labour, and, challenges economic sovereignty capital. Cultural globalization: diffusion of information, ideas, and images, via improved communications technology, decline in distinctiveness of national cultures. Political globalization: organizations: reduced ability of states to manage their own affairs, enhanced importance of international and supranational, bigger role for subnational bodies regions, cities, states one part of complex multilevel system. Globalization: is it new: global economy not completely integrated, states remain more important than international organizations, cultural backlash, indigenization (cid:498)glocalization(cid:499), globalization is a process complex, multi-faceted, surprising.
