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Lecture 4

Political Science 1020E Lecture Notes - Lecture 4: Glocalization, Mark Blyth, Dissolution Of The Soviet Union

Political Science
Course Code
Political Science 1020E
Erin Hannah

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Which of the following best captures the Marxist approach to polical economy?
-the proletariat will ulmately smash the state that supports their exploitaon
What is Globalizaon?
-a complex process of integraon and interconnecon
-tending toward a “borderless world”
-rapid increase in goods and services
-and a single global market, culture, society and polical order
Economic, Cultural, Polical
-economic globalizaon:
a) intensi$caon of transnaonal %ows- goods, services, labour and capital
b) challenges economic sovereignty
-cultural globalizaon:
a) di&usion of informaon, ideas, and images
b) via improved communicaons technology
c) decline in disncveness of naonal cultures
-polical globalizaon:
a) reduced ability of states to manage their own a&airs
b) enhanced importance of internaonal and supranaonal organizaons
c) bigger role for subnaonal bodies- regions and cies
d) states one part of complex mullevel system
One World?
- we’re not there:
a) global economy not completely integrated
b) cultural backlash, indigenizaon- “glocalizaon”?
c) states remain more important than internaonal organizaons
-globalizaon is a process- complex, mul-faceted, surprising
Globalizaon: Is it New?
-centuries of global exchange, exploraon, empire building- Persia, China, Europe
-modern expansion:
i) Marx: the restless bourgeoisie
ii) Imperialism
iii)1870- 1914: intensi$caon of commercial and $nancial interconnecons
-deglobalizaon 1914-50s:
-World War I (1914-18)
-World War II (1939-45)
-interwar proteconism
Is it New This Time?
-Globalizaon gradually re-emerged in 1950s and 60s
a) trade liberalizaon
b) $nancial integraon
c) US leadership of ‘free world’
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