POLI 1100 Lecture Notes - Deterritorialization, Neoliberalism
Document Summary
Ulrich beck his understanding of (a) the world economy as a kind meta-power in relation to the state and (b) deterritorialization of power. a. world economy as a kind meta-power in relation to the state. The pawn the economy suddenly becomes the knight (given new possibilities of mobility [for capital] by information technology) and can thus check the king the state. Some are major corporations competing with nations. Major actors in modern world economy pursuing their interests. Economic growth has been dependent on corporation investments. Globalization easy for corporations to do that b. deterritorialization of power. Neither illegal nor legitimate: no law preventing corporations from picking up or moving, trans-legal, outside boundaries of political, legitimate processes. Take the control and order away from a land/place (territory) that is already established. Okay, so basically when large companies (such as apple inc. ) construct companies abroad, it eliminates (to a certain extent) national boundaries, as well as some of their rules.
