PSY 1102 Lecture Notes - Lecture 1: Warren Buffett, General Motors, Roland Robertson
22 Jun 2018
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Politics 1102C – January 12, 2018
Questions:
What are the main themes coming from the pink Floyd video - control,
domination
What is the main message – protest against ridged schooling
Any exposure to culture, travel somewhere, live somewhere, speak any other
language than English?
How do you see yourself 10 years from now? Doing what? Being what?
What is your absolute dream job? To work in the criminal justice system
Video clip: Peugeot 2016 commercial – India (He fixes/assembles his car to
look like a fancy car) – correlation between this commercial and
globalization – it shows the power and the influence of the west, it’s about
identity and status, his chances of getting girls will increase dramatically with
the car. This is about appeal, status and identity.
Globalization question: what is the height of globalization? There is a
profound interaction between certain states, there is a profound integration
on globalization, we are no longer confined into nation state, we are
becoming one big globalized society
Positive effects of globalization:
Increased competition,
2. Employment
3. Foreign trade
Globalization – some statistics:
The worlds 100 largest economies, 51 are now global corporations
The richest 1 percent of Americans own 40 percent of all US assets
The combined assets of 358 billionaires equal the combines assets of almost
half of the worlds population
The corporate share of taxes paid has fallen from 33 percent in the 1940’s to
15 percent in the 1990’s
Individuals share of taxes has risen from 44 to 73 percent
The counts have given corporations the basic constitutional rights of persons,
but workers lose those rights on entering the workplace
*Obviously there is a language that leads us to believe that this is a corporate
takeover, corporations are being so powerful that they are domination the
political field
The top 200 corporations combined sales are bigger than the combined
economies of all countries minus the biggest 10
* Globalization is about money
The top 200a combined sales are 18 times the size of the combined annual
income of the 1.2 billion people (24 percent of the total world population)
living in “severe” poverty
*Globalization is mostly western
Mitsubishi- is larger than the fourth most populous nations on earth:
Indonesia
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