Political Science 1020E Lecture Notes - Lecture 15: Bourgeoisie, Dissolution Of The Soviet Union, Mark Blyth

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Reducing the risks associated with accessing the free market. Success or failure should be determined by market. Involves a heavy reliance on the state. A: what happened in capitalism, stays in capitalism . A complex process of integration and interconnection. Not just one thing, operates in different realms. Involves a creation of a single global market, culture, society, and political order. Intensification of transnational flows: goods, service, labour and capital. Reduced ability of state to manage their own affairs. Enhanced importance of international and supranational organizations. Bigger role for subnational bodies, regions and cities. Globalization is a process; complex, multifaceted, surprising. Centuries of global exchange, exploration, empire building in persia, china and europe. Marx: the restless bourgeoisie (a process of globalization) Intensification of commercial and the financial interconnections (1870-1914) De-globalization (1914-1950s) due to the world wars, and interwar protectionism. Globalization gradually re-emerged in the 1950s and 60s. Soviet union collapse 1991: opens up the east.

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