GLBL ST 1 Lecture 8: Lecture 8
Document Summary
Uneven development: capitalization produces uneven development and differences, and they make use of these differences contrasts with the view that it makes a level playing field. International division of labor (gendered, racialized, classed) interdependence of people. Economic globalization: makes some borders and differences less important, uses other borders and differences to their advantage. Differential mobility: some people are able to move across borders easily than others (eg: high income people vs low income people, easier for goods and money to move across borders, rather than people across borders. Special economic reasons: transnational operations are very mobile: it is very easy for them to move, but it is not easy for workers in each of these places to move, countries are competing to attract transnational companies. Poverty is an absolute living standard, inequality is the difference between the highest income and lowest income in society, development talks about how poverty and inequality should be reduced.
