SOC100 Chapter Notes - Chapter 15: Black Lives Matter, Nationstates, North American Free Trade Agreement
14 Apr 2016
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Additionally, international political and financial organizations were first created, such as the un, the imf, the wb, and the wto. There was a push for global neoliberalism, market independence from government. Modern globalization is characterized by instant communication, the internet, unprecedented integration of national economies into a global economy, and the rise of increasingly influential non-state, transnational forces, such as the #blacklivesmatter movement. Economic globalization has concentrated worldwide economic power into a handful of corporate giants, such as the media giants described in a previous chapter"s notes. The economic power of transnational corporations has led some to term globalization corporate globalization instead. The power of nation-states has significantly declined due to globalization. The power previously held by national governments has been transferred upward to international organizations like the un, and. The structural adjustments to these organizations implemented by the washington.
