warm-up “where globalization means, as it so often does, that the rich and powerful now have new...

Warm-up“Where globalization means, as it so often does,

that the rich and powerful now have new means to further enrich and empower themselves at the cost of the poorer and weaker, we have a responsibility to protest in the name of universal freedom.”

-Nelson Mandela

• Why would globalization help the rich but not the poor?

Globalization

• Central focus Trade

• Increasing interdependence and connections of nations around the world

• Technology helps to connect us– Telegraph, telephone, the internet

• Connects countries around the globe– Exchange of culture, products, ideas

Globalization

• London– Most globally linked city in the world

Globalization

• New York City– Connected to countries/cities around the globe– London and Singapore– Business

How many businesses can you count?

Globalization

• World Social Forum– Network of socialist organizations– Porto Alegre, Brazil– “Another World is Possible”

Network

• According to Manuel Castells, a sociologist specializing in globalization, a set of interconnected nodes is a network.

Participatory Development

• Corbridge and Kumar’s study in India– Greatest success with better off farmers and

particular local groups.

World Economic Forum

• Annual meeting– Nonprofit organization– Represents large corporations

and political leaders of rich countries

– Davos, Switzerland– Discuss improving business

around the world

Outsourcing

• Contracting another company in a foreign country for labor– Cuts costs– Sends jobs overseas

• Major source of globalization

• Example: IPOD basic chip design occurs in the United Kingdom, assembly occurs in China

Human Resources (or Capital)

• The people who make up the workforce of an organization– Demographics– Diversity– Skill

Capital Resources

• Goods produced and used to make other goods and services– Tools– Equipment

Berkeley• Berkeley, California– Established a “local currency” in an effort to avoid

globalized currencies

Vertical Integration

• Media corporations which integrate ownership in a variety of points along the production and consumption chain– In other words: businesses (at different stages of

production) merging– Example:– Walt Disney Corporation’s ESPN Zone and Pixar

Infrastructure• in·fra·struc·ture– Noun– the basic physical and organizational structures

and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise.

Media• The news– Radio, T.V., Internet

• Media Convergence = the use of electronic technology to integrate media such as newspapers, books, TV, and the internet

• Power as information gatekeepers has been undercut by web logs on the internet

Activity

• Gender Equality Around the World

– ESPN• Economic• Social• Political• eNvironment

– Summary/Response Paragraph