Political Science 2231E Lecture Notes - Lecture 7: Technological Revolution, Global Governance, Health Canada
Document Summary
Defined onomasiologically - by reference to other ideas or familiar concepts. Part of, linked to, or affected by these processes. Operating across state border, and blurring internal/external distinction. Increasingly integrated and globalized capitalist world economy and market oriented society. Liberalization: changing rules/institution; open economy and free trade. Challenge authority via martin luther"s protestant reformation. Interdependence = global processes and actors beyond control of governments. Bretton woods meeting 1944:laid down monetary and trade rules. Currencies floating - price of currencies is worth is compared to other currencies. Value of gold determined how your state could buy things, nixon realized gold enough was not to pay off price. Financial economy (stocks, bonds) much greater than real economy (goods and services produced and sold) Kurtzman: megabyte economies = (terabyte) microchips, computers, ultra-high speed technology, cables, satellites, and complex math. American culture = mix = re sell. Marker of success = success in us. Sates create globalization: national -> regional -> global.