POL208Y1 Chapter Notes - Chapter 1: Global Politics, Elite, Economic Globalization

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Globalization and global politics
Three interrelated objectives:
To elucidate and elaborate the concept of globalization
What is globalization?
How is it best conceptualized and defined?
How is it manifest today, most especially given the events of 9/11?
Is it really all that new?
To examine and explore its implications for world politics
The ways in which globalization is contributing to the emergence of a distorted global
politics which is highly skewed in favour of a global power elite and to the exclusion of
the majority of humankind.
To reflect upon the key normative issues it poses for the study of world politics
Reflect upon the ethical challenges posed by the realities of this distorted global politics.
It examines current thinking about the conditions, and prospects, for a more humane
global politics which is both more inclusive of, and responsive to, those in greatest need
in the global community
This chapter takes a transformationalist perspective- arguing that both the
hyperglobalists and sceptics exaggerate their arguments and thus misconstrue the
contemporary world order. By contrast, while it takes globalization seriously, it accepts
that it is not leading to the demise of the sovereign state but to a globalization of politics-
an emergence of a conspicuously global politics in which the usual distinctions between
domestic and international affairs is not terribly meaningful.
making sense of globalization
Over the last 3 decades, the scale of global interconnectedness has become increasingly
evident from the economic to the cultural sphere.
Economic integration has intensified due to the expansion of global commerce, finance
and production linking together nations fate, communities and households across the
world and leading to the emergence of a global market economy
Transnational corporations account for
between 25-33% of world output,
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Document Summary

 to reflect upon the key normative issues it poses for the study of world politics: reflect upon the ethical challenges posed by the realities of this distorted global politics. Coupled with global migration, these dynamics spread worldwide: with globalization, is the recognition of transnational problems requiring global regulation. This includes the explosive growth of transnational and global forms or rule- making and regulation. Sceptics don"t regard this as enough evidence for globalization (if it means more than simply international interdependence)  the skeptical argument tens to conflate globalization solely with economic trends. Contemporary globalization operates within all aspects of social life from politics to production, culture to crime, and economics to education.  economic globalization is much more extensive and intensive than is cultural or military globalization. Contemporary globalization is highly uneven like that demonstrating that globalization is a complex multidimensional process.  contemporary globalization is best described as a thick form of globalization or globalism.

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