Political Science 1020E Lecture Notes - Lecture 4: Cultural Globalization, Economic Globalization, Proletariat
29 Feb 2016
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Document Summary
Which of the following best captures the marxist approach to political economy: the state, in alliance with business, produces economic growth for the nation. Individual capitalists firms should be left to participate freely in the magic of b. the market place: the proletariat will ultimately smash the state that supports their exploitations. A complex process of integration and interconnection. Tending toward a borderless world - rapid increase of goods, etc. A single global market, culture, society, and political order. Economic globalization: intensification of transnational flows- goods, services, labour, and capital, challenges economic sovereignty. Cultural globalization: diffusion of info, ideas and images, via improved communications technology, decline in distinctiveness of national cultures. Political globalization: reduced ability of states to manage their own affairs, enhanced importance of international and supranational organizations, bigger role for subnational bodies- regions, cities, states one part of complex multilevel system.
