SOCI 1005 Lecture Notes - Lecture 7: Harm Reduction, Visible Minority, Mcdonaldization

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Additional features of globalization according to mainstream sociologists: International trade and investment grew by 2273% from 1982-2008. International organizations and agreements have multiplied (more than 4. 5x as many in. 2012 vs 1981); participation may erode the decision-making power of sovereign nations to some degree, e. g. as some critics have argued in the case of the north american free. Trade agreement (1994: between 1982 and 2012, global population rose (by 52%) along with tourism (by 274%, explosive spread of global availability of the internet. Transnational corporations: transnational corporations: large businesses with head offices in rich countries that increasingly rely on, foreign labour and foreign production, skills and advances in design, technology and management, world markets, massive advertising campaigns. Global commodity chains: global commodity chain: a worldwide network of labour and production processes (cid:449)hose e(cid:374)d (cid:396)esult is a fi(cid:374)ished (cid:272)o(cid:373)(cid:373)odit(cid:455); (cid:396)e(cid:272)e(cid:374)t t(cid:396)e(cid:374)ds sho(cid:449) a fu(cid:396)the(cid:396) (cid:862)spli(cid:374)te(cid:396)i(cid:374)g(cid:863) of the global commodity chain. The rich get richer: globalization, power and exploitation:

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