GLOBL 2 Lecture Notes - Lecture 5: International Monetary Fund, Global City, Imagined Community
Document Summary
Peace of westphalia (1648): european powers agree to divide europe into. By 1950"s, responsible for industrial activity, social welfare, and economic regulation (by independently governed territories based on religion controlling interest rates and government spending on programs) Threat: free trade, financial capital flows, corporations, tcc, global cities, liberal democracy. Nation-state: weber says an organization deploying a legitimate monopoly over the use of force in a given territory . Modern nation-state = states are subject to a rational division of labor , based on technical specialization and expertise, and impersonal both with regard to recruitment and their authority over citizens . Imagined communities: nations as finite, sovereign communities, imagined rather than face-to-face or primordial, stressing deliberate creation of binding tradition and shared identity (anderson 1983) Basically, nation-state is cultural and state is economic/political. Replaced by world bank, international monetary fund, united nations, eu, global capitalist elites.
