Michael Matthews September 20, 2011
Power, Neo-Liberalism, and the rise of Transitional Corporations
Critical Reflection assignment due Thursday September 29 7pm. Upload to Turnitin.com/: Class ID
(4330977) enrol password: (global). 500 words on “What does Globalization mean to you? Political
Economy quiz: Thurs October 6 .
Contact, Contested, and contradictory. Three things that help us start to think about globalization.
Consciousness of this global imaginary that we believe we are all together.
Rise of the West: modernization and developed countries. “The west and the rest”. The rise of the west as a
global economic power should not be seen to have been inevitable. It is a complex phenomenon. Still, the
conditions must have been ripe…Climate, Innovations accumulate, moving innovations, Fragmented
political order, Protestant work ethic, Industrialization, A freak occurrence.
While in Europe in 1100ish. Marco Polo made extensive travels all throughout Asia and Europe.
Exploration was a big part of spreading knowledge and ideas and contact. He brought noodles from china
to Italy, and now it is a major food piece of Italy. He traveled with Kublai Khan and was a major part in the
extension of mapping and spreading knowledge.
Ibn Battuta was one of the greatest travelers if all time. Connection happens through travel.
Vasco De Gama- Another big Traveller. Very successful, made about 60 times of the costs of his trip.
Zheng He was an incredible ship maker, very interested in expeditions around the world.
The Spice Market was very important, along with trade groups.
How did the West get to this position globally today?
How does neoliberalism relate to globalization.
Political Economy most commonly refers to interdisciplinary studies drawing upon economies, law, and
political science in explaining how political institutions, the political environment, systems, and mixed
influences. Jevons work was the beginning of the math method in economics. Science, math, and logic
were applied to economics by William Stanley Jevons (1835-1882).
Why political economies matter? It starts in 1870’s. There was a short war at this time, between German
speaking states and France. And Kaiser Wilhelm I and Napoleo