MC 202 Lecture Notes - Lecture 6: Deterritorialization, Cultural Globalization, Neoliberalism
Document Summary
The widening, deepening and speeding up of the worldwide interconnectedness. Growing variety of social activities takes place irrespective of the geographical location of participants: globalization refers to the spread of new forms of non-territorial social activity, the relative importance of territory and borders have declined. The growth of social interconnectedness across existing geographical and political boundaries: interconnectedness can be measured by. The speed or velocity of social activity. Globalization as 4) a long term and 5) a multi-pronged process. Multi pronged process- economic, political and cultural globalization: they all relate to one another. Cross border flows: goods, services, money, people (labor) Classical liberalism which promise that unconstrained market forces will naturally bring prosperity. Core value- individual liberty and freedom: focus on civil and political rights, these people reject the growing role of government to expand social rights of its citizens, embrace of markets and minimal role for states. Liberalization: 2. privatization-converting firms into private ones, 3.
