POST 201 Lecture 10: 21116 Joe Barnes What is Globalization
13 Apr 2016
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Because of the economic ties b/w france and europe, war had become impossible. A terrible bloody war developed b/w the two. It may make sense to move the production from china to the us. You can use robots as cheap labor as opposed to getting cheap labor in china. The people who believe in the inevitability of globalization and believe that it is spreading wealth, democracy, and individual freedoms. A group called skeptics believe that the whole matter is exaggerated. Say that globalization has made the state obsolete (the state is the way we have traditionally organized in the west) The idea of state as the organizing principle of order goes back many years. Says the state"s authority declines as companies become international, etc. The state"s ability to create economic policies diminishes. If a country is running big budget deficits and is getting inflation / these markets won"t take their currency.
