POLS 1600 Lecture Notes - Lecture 10: Gross Domestic Product, Niall Ferguson, Thomas Friedman
31 Aug 2016
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Document Summary
The integration of states through increasing contact, communication, and trade, creating a holistic, single global system in which the process of change increasingly binds people together in a common fate. (from the textbook) Friedman: the integration of everything with everything else. Globalization binds states into the golden straitjacket" forcing them to choose between free market vanilla and north korea" . Friedman presents a simplistic model of economic determinism. Financial markets are like the mirror of mankind, revealing every hour of each working day the way we value ourselves and the resources of the world around us niall ferguson, british historian. The relationship between geography and the economic conditions and behavior of states that define their levels if production, trade, and consumption of goods and services. The relationship between geography and politics and their consequences for states" national interests and relative power.
