Ints 210

Front 1

Steger

Back 1

said globalization is the expansion and stretching of social relations, activities and interdependencies

Front 2

Inda and Rosaldo

Back 2

said globalization is the intensification of global interconnectedness, suggesting a world full of movement and mixture, contact and linkages, and persistent cultural interaction and exchange; borders become more porous; globalization is uneven

Front 3

Patel

Back 3

said market does not always know best and regulation is needed

Front 4

Mickletwait and Wooldridge

Back 4

say globalization limits governmental power and increases freedom

Front 5

Robbins

Back 5

uses sugar and meat as examples of ways things are naturalized and how naturalization is a way of maintaining power

Front 6

Hawkesworth

Back 6

said we should look at how globalization affects women and explore the power dynamics

Front 7

Smedley

Back 7

said the African slaves had to be dehumanized in order to defend the use of their labor

Front 8

Mamdani

Back 8

said you need to watch how things are named and that Darfur is not a genocide but is a civil war

Front 9

Robbins

Back 9

said that human identity is closely linked to nationalism and nation-states

Front 10

Friedman

Back 10

says there should be a balance found between the Lexus and the Olive Tree (modernization and traditions, culture

Front 11

Rist

Back 11

says that modernization seems cumulative (building on itself) and irreversible; these ideas make globalization seem natural

Front 12

Smith

Back 12

said that people are naturally not moral people and interaction makes them more moral; markets make people interact and thus increases morality

Front 13

Marx and Engels

Back 13

said that the history of society is based on the history of class struggles; communism is the only way there will be no class struggle (since no class)

Front 14

Polanyi

Back 14

said that the market and the social sphere have disembedded but it seems now that the economy engulfs the society

Front 15

Patel

Back 15

says that the free market is regulated by society; for example, why do we have welfare and such?

Front 16

Frieden

Back 16

said that by planning the after-war economy, American was able reconstruct the economy in the way it wanted

Front 17

Bello

Back 17

said that economic structuring was only to benefit the north and harmed the south

Front 18

Rist

Back 18

said that development was invented through a word, "undevelopment" and that underdevelopment was the incomplete form of development

Front 19

golden straightjacket

Back 19

private sector becomes primary engine of economic growth; has only this option to be successful; Friedman

Front 20

ideology

Back 20

system of shared ideas, patterned beliefs, guiding norms, regulative ideals accepted as fact by some group

Front 21

globalization

Back 21

set of social processes that appears to transform our present nationality condition to one of increasing globality

Front 22

the end of history hypothesis

Back 22

end of human development will be reached when all nations are democratic and capitalist; Fukiyama

Front 23

Liberalism

Back 23

political doctrine that emphasizes the protection of the freedoms and rights of the individual; emphasizes open markets and promoting interconnectedness; Smith

Front 24

money

Back 24

banks create this from debt and this is owed in taxes

Front 25

classical economics

Back 25

idea that the economy will fix itself; gives economic freedom but some governmental regulation if needed; Smith

Front 26

neoclassical economics

Back 26

approach that places supply and demand on the individual's rationality to maximize personal utility; Keynes

Front 27

Invisible Hand

Back 27

in pursuing one's own interests, it promotes that of the society; Smith

Front 28

Labor Theory of Value

Back 28

the value of something is the toil and trouble of acquiring it; Smith

Front 29

Commodity fetishism

Back 29

capitalism affects the way people interact with one another based on the classes they belong to; Marx

Front 30

use value

Back 30

the utility of some particular object

Front 31

exchange value

Back 31

the value that good has in purchasing other goods

Front 32

naturalization

Back 32

how things have become embedded into our minds, society, etc

Front 33

myth of the self-regulating economy

Back 33

idea that markets will self-regulate; Polanyi disagrees and says the government must get involved

Front 34

Homo Economicus

Back 34

economic man and money becomes the most important thing in life; Polanyi critiques this

Front 35

externalities

Back 35

costs that slip through the net of prices