SOC 1 Lecture Notes - Lecture 10: S&P 500 Index, Group Cohesiveness, Global Financial System
Document Summary
Sociology 1 november 8 lecture 10. National cultures, economics, borders changing: economic globalization. Domestic economic regulation irrelevant (i. e labor laws, import/export restrictions, price controls, business taxes, etc. ) Global assembly line: production process coordinated are dispersed across the globe. One-world market : for finance, production, distribution and consumption, actors: transnational corporations, coordination: deregulated international stock markets, the. Settle trade disputes: was most public face and influential face in economic globalization. The global wage was a sweatshop wage: one side of globalization was great and the other was terrible! By 1999, globalization did not fulfill all it"s promises: unified people around the world against it. We are everywhere a movement of movements. Protests against the g8, genoa, italy 2001. Before seattle: boliva water protests, general strike france 1995. New connection and new separations: wealth and poverty. Greater wealth and greater poverty: movement and restrictions, social cohesion and exclusion. Prisons, policing: free markets and government contracts, peaceful trade and military expansion.
