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An animal called globalisation ..and the six blind men

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High degree of social, cultural and economic interaction ... they are there, they are nicely tucked away, just to keep globalisation ticking. ... – PowerPoint PPT presentation

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Title: An animal called globalisation ..and the six blind men


1
An animal called globalisation..and the six
blind men
2
The inclusive definitionHigh degree of social,
cultural and economic interactioni.e. societies,
cultures, economies, worldwide, with people
centre-stage
3
Facilitated by enormous growth in transport
and communication technologies the IT
revolution flexible economies
4
  • This is win-win, feel-good globalisation.
  • Also a one way street.
  • Every one stands to gain
  • This globalisation does not require policing.
  • Rules are not needed, and if they are there, they
    are nicely tucked away, just to keep
    globalisation ticking.

5
But there is a counter view. Globalisation is
asymmetric and hegemonic. It has specific rules
of engagement and a framework. These are the
creation of international centres of power.
6
Sociological critiques centre on cultural and
social homogenisation, where the terms of
discourse are dictated by densely packaged
notions of modernisation and westernisation
7
Economic Globalisation refers to the density of
economic interactions across national frontiers,
and a high degree of integration of the national
economies in the world economy
8
Economic critiques of the neo-liberal
construction of globalisation emphasise that
  • Globalisation has a centre the US economy.
  • It has a global institutional framework,
    underpinned by the World Bank, IMF and WTO.
  • It has an economic ideology (neo-liberalism)
    promoted by the centres of power (global
    institutions and the powerful OECD economies).

9
They argue that the institutional framework of
globalisation builds upon and reinforces
asymmetries
10
This is best exemplified by the treatment of
movement of -- goods, services and
capital,and-- people, and technology
11
Globalisation is associated with
  • Some winners and many losers.
  • A growing gap between and within countries.
  • Increasing vulnerabilities of the poor and the
    unemployed (and poor working people in general).
  • A general loss of economic sovereignty of the
    nation state, especially material to poor
    countries

12
The central issueThe current pattern of
globalisation is a reflection of a global
democracy deficit political and economic.And
there is no inevitability about one set of rules
of engagement between nations and peoples.
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