Political Science 1020E Lecture Notes - Lecture 4: Neoliberalism, Keynesian Economics, Washington Consensus
23 Feb 2017
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Document Summary
A complex process of integration and interconnection: that travels along great distances and shrinks us over these distances, gives the feeling that the world is shrinking. And a single global market, culture, society, and political order. Intensification of transnational flows: goods, services, labor, capital. Reduced ability of states to manage their own affairs. Enhanced importance of organizations above the state. Bigger role for subnational bodies - regions, cities. Moving to the global level and also bringing popularity to the local sphere: states remain crucial players, globalization is a process - multi-faceted, open-ended. Centuries of global exchange, exploration, empire building - persia, china, europe. Modern expansion: marx: the restless bourgeoisie. Deglobalization 1914-40s: world war i (1914-18) Globalization gradually re-emerged in 1950s and 1960s: Decides to play a role in the new foundation of the globalization of capitalism. Created a number of new countries that later became a part of the global capitalist world. China: no collapse of communism, but joins capitalism.
