political science exam notes

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Economics for Management Studies
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Ramu Gopalan

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Globalisation-Lecture 10-Politcs & Emigration Course evaluations-nov 21 must be completed by dec 3 -watch for email invitation, complete online Lecture’s Objectives 1) Define ‘globalisation’ 2) Identify its complexities and effects 3) Analyse the state in a globalises world 4) Asses perspectives on globalisation/state 5) Assess the ‘cosmopolitan project’ 1) Define ‘globalisation’  Level of political action/belonging -Local, city, neighbourhood, etc, to express identity you will engage in different local forms of belonging, as in community events, etc -State (national)-how the state make decisions that affect peoples lives, ie obeying laws, having passport, being member of society, sharing traditions and social memory -World (global)-how you relate to politics and express identity are influenced by the world scale, so globally , political action and the impact is not only local and national, however there is also a global impact of this “Shrinking of time and place” Globalisation made our lives much easier in terms of transportation, interaction/communication, business, export import, purchasing products, hence this quotation means that everything is becoming easier, distance is being decreased , everything happens sooner, faster, etc, news is transferred quicker, there is a time phenomenon that is occurring, also it is cheaper, easier, quicker to travel now, this impacts people and their lives and particularly the state Neither linear nor a singular condition –this means that there are certain aspects of globalisation that are deeper and more symmetrical than others while others aren’t as symmetrical and uneven, it is not even between one dimension or another, it doesn’t happen in the same way everywhere, certain parts of world are more globalised than others, ie third world countries lack it, whereas first world countries don’t 2) Identify its complexities and effects  Multidimensional phenomenon 3 different forms of globalisation: 1) Economic globalisations Example is corporations/markets Deregulation of capital-investment or money can move from one place to another based on electronic processes, bank accounts, etc, easily can move from one place to another, doesn’t matter where you are in the world, now it can occur through various businesses/service, capital markets are so deregulated that they have limited authority to regulate money going across the world -Speculative short-term gains- people who bet on currency and foreign exchange goods, only speculate on money, buy trades and buy dollars and sell in order to gain profit, try to speculate on fluctuations of currency, state also finds it difficult to impose restrictions on this, this is taking advantage of it, challenges authority of state since they cannot fully regulate this -Power of investment and MNCs (multinational corporations)-another word for globalisation, ie corporations that are everywhere, present in a number of countries, ie McDonalds , coco cola, Nike, Adidas, -‘race to the bottom’-multi-national corporations investing in places where cost of production is lowest, ie cheap labour, sweat shops, and unethical forms of business, so they pay little money in order to product the same goods, however for cheaper prices, multinational corporations invest in places where cost is lowest (ie bottom) usually in places where child labour is permitted, third world countries, law don’t exist, etc , benefit from this 2) Identify its complexities and effects -Multidimensional phenomenon 2. Cultural globalisation -Benjamin Barber: Jihad vs. McWorld (1996)- -McWorld: globalism, markets, individual=consumer -McWorld (Mcdonalds): cultural imperialism in economic terms -Jihad: ‘thick’ communities, individual=tribes -Jihad: cultural reassertion-groupness and division , may lead to conflict between groups hence is a tension, -way to reassert our identity is to look at small communities, not the nation or world, however more local and regional aspects of it 2) Identify its complexities and effects -Multidimensional phenomenon 3. Political globalisation -Level of political action (democracy) – in terms of accountability, state has identified its authority through political positions -Level of belong (identity)-state supports certain identity and you’ll relate to it, expresses national identity 3) Analyse the state in a globalised world -The state-has specific functions that are crucial -politics of belongings-formal/informal, internal/external -Citizenship regimes- give citizenship, creating specific rules so that people can acquire citizenship inside the country -Border control-has capacity of controlling who goes in or out of nation Challenges: -Human rights regime-apply worldwide and democracies have committed themselves to respecting and obeying this human rights, hence there is a limitation on the source of authority when it comes to citizenship and border control -Environment- calls for concerted action, shared responsibilities; incapacity of state to collaborate is a tragedy or not being able to do more than what has been done, so even if you have problems in one nation and fix it , it cannot be fully solved as it occurs in various countries around the globe, ie pollution is being taken care of in north korea, however not other parts of world, therefore still remains to be an ongoing issue -Communications- it’s a challenge cause state cannot control this, social network and social media and other forms of communication -Deregulation of capital (plus
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