ANTHROP 1AB3 Lecture Notes - Lecture 11: Arjun Appadurai, Michael Wesch, Benjamin Barber
Document Summary
Globalization process of increasing systematic connectedness, not new, what is new is: Globalization as fact spread in connectedness production, communication, technologies, etc. Globalization as ideology and policy efforts to expand capitalist world system based on neoliberal free market principles (img, wb, wto). Watch/summarize: an anthropological introduction to youtube, by michael wesch. Since 1980s, world system has come to be dominated by a neoliberal ideology. Emphasis on competition, privatization of state services, free trade, de-regulation, corporate tax cuts. Emphasizes respect for taxpayers: and trickle down economics (creating environment for businesses to operate with low taxes, jobs will be created and wealth will trickle down to those at the local level), but primary benefits corporations. Multinational companies account for 1/3 of all global production and 2/3 of world trade. Structural adjustment policies specific neoliberal reforms that poor countries must follow in order to get development loans, usually include: Opening borders to free trade and foreign investment.