SY103 Lecture Notes - Lecture 8: World Trade Organization, Settler Colonialism, Exploitation Colonialism
Document Summary
Vanadana siva: argues that the idea of global is defined by particular groups of people who dominate local people. Dominates people and cultures based on their own interests. Shiva argues that if we want to talk about globalization, we must go further (modern colonialism) Settler colonialism: an invasive form of colonialism where large-scale immigration of settlers is encouraged to increase the size of the settler society and gradually replace the indigenous population. 2nd wave: development (1940s to 1980s: dependency theory: uneven global development due to exploitative relationship between. 3rd wave: neoliberalism (late 1980s to present: neoliberalism: economic doctrine claiming that economic development will result only from freeing the economy from government involvement (privatization, austerity, & market liberalization). Free markets & washington consensus: neoliberalism - the dominant ideology since regan and thatcher. Normal barriers to trades, such as tariffs, labour laws, minimum wages, etc. , are lowered in order to attract foreign companies to produce there.