SYP 2450 Lecture Notes - Lecture 1: Power Transition Theory, Global Financial System, European Colonialism
Document Summary
What is globalization: globalization- refers to shrinking distances among the continents, a wider geographic sense of vulnerability; and a worldwide interconnectedness of important aspects of human life, religion, migration, war, finance, trade, disease, drugs, and music. Four major dimensions: history- pre(cid:448)ious periods of (cid:862)rapid i(cid:374)(cid:272)rease(cid:863, economics- increase in market interaction, politics- increases in state and ngo interaction, culture- increasing flow of ideas and populations. Twin peaks in data= earlier ways to see globalization. The modern state: pre-thirty years war-(1618-1648) europe was governed by a combination of catholic church and kings, multi-religious and multi-authority territories led to extremely violent conflict, peace of westphalia- (1648) established modern ideas of state sovereignty. International legal: being recognized by other states: westphalian: being free from other states influence on your government. Internal: being able to maintain a monopoly of power within your borders. Interdependence: being able to regulate flows from the rest of the word through your borders.