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Globalization from above and below.docx

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York University
Social Science
SOSC 1430
Eduardo Canel

Globalization from above Globalization: A process (or set of processes) which embodies a transformation in the spatial organization of social relations and transactions-assessed in terms of their extensity, intensity, velocity and impact-generating transcontinental or interregional flows and networks of activity, interaction and the exercise of power. ● For these reasons globalization has to be understood as a process which both unites and divides peoples and communities; it does not automatically follow that humanity is becoming a single global community of fate. Main Features: - Deepening of global independence (economic, political, cultural) - Increased flow of commodities and cultural products (such as trade in an unprecedented way) - Emergence of global institutions and bureaucracy to mandate exporting - Increased power of TNC’s (trans-national corp.) - Emergence of global cities (certain cities are noble points in the emerging global city. They play a key role in promoting globalization - Global spread of Western-style consumerism - Time and space compression. Winners and Loser (North/South Divide) North- Enjoys a greater share of global economic activity - Represents 20% of world population, shares 80% of global economic activity, and receives 65% of all foreign investment. South- Growing differentiation with TW - Only 10 countries account for most economic activity. Key Idea’s: ● The global system is very exclusive. It excludes citizens across the world from having access to the global market. ● It excludes people as producers but also as consumers. In the so-called global shopping mall most people are only window shoppers. ● The gap between the haves and the have-not is widening, leading to greater inequalities. ● So globalization has not delivers in sharing economic qualities. In this respect globalization is reordering de
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