POL 2103 Lecture Notes - Lecture 6: Democratic Deficit, Global Justice, Consumer Capitalism

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More cross- border activities and interactions: growing economic liberalization. Emphasizes privatization of state run industries [corporate down-sizing] [free-market, washington-consensus: western-style modernization of the world. Widening, deepening and speeding up of worldwide interconnectedness. Crises in one region affect jobs, production, savings, investment thousands of miles away: ex. East asian banking/currency crisis (1997-98: even powerful sometimes helpless. Transnational corporations: 25-33% of world output, 70% of world trade, 80% of international investment. Rapid mass organization of people around the world in real time: seattle wto protests. Increasing global awareness of transnational problems requiring global regulation: climate change, proliferation of wmd. States increasingly embedded in web of other actors: multilateral institutions, global policy networks of official, corporate and non-governmental actors focused on global issues, formal and informal trans governmental networks of government officials focused on global problems. Creation of international convention on elimination of child labor: complex politics between public and private actors from: trade unions etc.

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