GS101 Study Guide - Midterm Guide: Labour Power, Money Supply, Advantageous

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Watch out for mc/has to be most right or it will be wrong. Global studies: inter-disciplinary understanding of different dimensions of our present condition. Social condition characterized by tight global economic, political, cultural and environmental interconnections and flows that make most of the currently existing borders irrelevant (steger 9) Set of external, material social processes that appear to be changing our modern world into a new social condition. New internal, subjective consciousness about the human race as one people, and the world as our home. Is (cid:374)ot (cid:374)e(cid:449) (cid:271)e(cid:272)ause it (cid:449)as alread(cid:455) e(cid:454)isti(cid:374)g (cid:271)efore (cid:449)e (cid:862)fou(cid:374)d it(cid:863) ecclesiastes. Globalization involves both continuity of earlier social processes, and change by newer social processes. Globalization intensifies our sense of belonging to one palce, one race. Globalization promises hope of a better world and yet also presents more challenges. Creation of new social networks and multiplication of existing connections. Changes occur on the objective material and subjective level of consciousness.