SOSC 1910 Lecture Notes - Lecture 15: Neoliberalism, Modernization Theory, General Agreement On Tariffs And Trade
Document Summary
Lecture # 15 from the triangle of trade to globalization. Globalization refers to the growing sense of interconnectedness between all parts of the world and the associated feelings of powerlessness and insecurity in the face of the spread and scale of global change. Globalization is driven by a combination of: economic forces (the tendency of capitalism to expand), 2: political shifts (away from state intervention toward economic technological change (the informatics revolution) liberalization) and increasing global awareness among national elites and social movements. Globalization is a process of increasing speed, intensity and impact of global interactions. It both unites and divides, creating a more unruly and unequal world. There are three different sets of ideas that work to explain globalization and its effects: neo-liberal approach. 3. often it is argued that the transformationalist approach best explains the process of globalization more than the other two: neo-liberal approach.