SOC102H1 Chapter Notes - Chapter 19-20: Neoliberalism, Consumerism, Structural Adjustment
Document Summary
The left and right political spectrum define globalization different. For the right free-marketers; globalization represents the welcome spread of capitalism through the world. For many left-wing social activists/politicians, globalization is more like a death stare. Globalization is good because it spreads what is good in america. Globalization is bad because it spreads what is worst about america. Globalization: a social, economic, and political process that makes it easier for people, goods, ideas, and capital to travel around the world at an unprecedented pace. Time-space compression: suggests that we are no longer slowed down by long distances and time differences. We feel less constrained by time and distance, but some global phenomena also seem to transcend the idea of. Virtual communities: internet facilitated the creation of these, where people can meet, share ideas, play games and build relationships across borders without ever meeting face-to-face. Digital divide: inequality of access to means of communications.