Political Science 2231E Lecture Notes - Lecture 7: Bali Package, Foreign Direct Investment, International Trade

• School: Western University
• Department: Political Science
• Course: Political Science 2231E
• Professor: Richard Van de Wetering

Document Summary

Wst and liberals higher level of enthusiasm towards capitalism. Most institutions are liberal and have combined to make us think that liberal way of thought is common sense. Globalism: a type of interdependence with two separate characteristics: Global network of connections (multiple relationships), not to single linkages. Must include continental distances, not simply regional. Historical process involving a fundamental shift in the spatial scale or transformation in the spatial scale of human social organization that links distant communities and expands the reach of power relations across regions and continents. Increase in smart technology has allowed for higher levels of trade. Has become so reliable and predictable including technology. Says that luxurious acquisition and consumption is okay. Ideas are unusual, even though we"re used to them: Pre-liberal times main sources of western thought are embedded with hostility towards these ideas. Aristotle was obsessed with self-sustaining polities states should be just big enough to support itself.