POLITICS AND

GLOBALIZATION
REPORTERS:
CEDRON, SHIELA G.
QUERIDO, MICHAEL T.

GLOBALIZATION
Is the process through which an
increasingly free flow of ideas,
people,
goods,
services,
technology and capital leads to
the integration of economies and
societies
at
a
speed
unprecedented in effect and
outcomes.

COLD WAR
Is the conflict between the United
States and the USSR. It has its own
perspective of the globe; the world
was divided into the socialist block
and the capitalist camp with some
neutral states in between. It created
a worldwide anxiety over nuclear
annihilation due to the arms race.

Characteristics of the
Cold War
vs.
Globalization II

Comparison of Cold War and Globalization II Characteristics

Defining
Characteristic

Cold War Era

Globalization II Era

Overarching
feature

Frozen world older

Integration; the world

as an increasingly
interrelated place,
dynamic process

Defining Word(s)

dtente,
nonalignment , and
perestroika

The Web

Driving Idea

The clash between

Communism and
Capitalism

Free-market
Capitalism

Set of Economic
Rules

Rules varied by type

of society:

Opening,
deregulating, and
privatizing the
Less developed: focus economy
on national industries
Developing: exportled growth
Communist countries:
autarky

Dominant Culture

No globally dominant
culture

Spread of
Americanization

Defining
Technologies

Nuclear weapons and

Second Industrial
Revolution

Computerization,
miniaturization,
digitalization, satellite
communications, fiber
optics and the
internet

Defining
Measurements

The throw weight of Speed

nuclear missiles

FAQ

Whos side are you

on?

How fast is your

modem?

Defining Document

The Treaty

The Deal

Defining Anxiety

Nuclear annihilation

Fear of rapid,
dramatic change
brought on by
anonymous,
uncontrolled forces

Demographic
Pattern

Movement from East

to West frozen while

Rapid movement from

rural agrarian

Defining Structure
of Power

Balance between the

U.S and USSR

Balance between
States-and-States,
Statesand-Supermarkets
(millions of investors
moving money
around the globe with
the click of a button),
States-and-Superempowered
Individuals (the
individuals able to act
on a world stage
unmediated by the
State.