Title: An animal called globalisation ..and the six blind men
1An animal called globalisation..and the six
blind men
2The inclusive definitionHigh degree of social,
cultural and economic interactioni.e. societies,
cultures, economies, worldwide, with people
centre-stage
3Facilitated 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.
5But 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.
6Sociological critiques centre on cultural and
social homogenisation, where the terms of
discourse are dictated by densely packaged
notions of modernisation and westernisation
7Economic 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
8Economic 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).
9They argue that the institutional framework of
globalisation builds upon and reinforces
asymmetries
10This is best exemplified by the treatment of
movement of -- goods, services and
capital,and-- people, and technology
11Globalisation 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
12The 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.