Professional Documents
Culture Documents
WHAT IS GLOBALIZATION?
- A set of social processes it involves peoples, processes that are thought to transformation our
present social condition into one of globality.
Shifting forms of human contact.
Globality signifies a “social condition” characterized by the existence of global dimensions
( economic, culture, political )
- Globalization is a term used to describe how trade and technology have made the world into a
more connected and interdependent place.
NATION
- is a territory where all the people are led by the same government. The word “nation” can also
refer to a group of people who share a history, traditions, culture and, often, language—even if
the group does not have a country of its own.
STATE
- a community formed by people and exercising permanent power within a specified territory.
NATION-STATE
- a sovereign territory with one group of individuals who share a common history.
SOCIAL SCIENCES
Anthropology
ATTRIBUTES OF GLOBALIZATION
Manfred Steger, professor of global studies and research leader in the Global Cities Institute at RMIT
University, identifies four main empirical dimensions of globalization: economic, political, cultural, and
ecological.
SUPRANATIONAL UNIONS
- Regional organizations
ASEAN Association of Southeast Asian Nation
NATO North Atlantic Treaty Organization
EU European Union
Warsaw pact
ECONOMIC GLOBALIZATION
- Free flow of market, good service, human labor and technology.
- Transactions of goods and services globally
- Worldwide interconnectedness in all aspects of economics
- The major driving force of Globalization
ATTRIBUTES OF GLOBALIZATION
1. The Globalization of trade of goods and services
2. Globalization of financial and capital markets
Financial (loans)
Capital (FDI Foreign Direct Investment)
Security stock, bonds, options
Markets (Buy and sell)
3. Globalization of Technology and Communication
Money transfer- easy transactions
Faster production
4. Globalization of Production
ACTORS OF GLOBALIZATION
1. NATION- STATE- government
2. GLOBAL CORPORATIONS
3. INTERNATIONAL MONETARY SYSTEMS
-Gold standard
-FIAT money (confidence currency)
rules, customs, instruments that facilitates international payment and facilitates cross boarders
transactions involving trade and investments.
4. IFI International Financial Institutions
IMF (economic issue) WB (lending money)
ASEAN Development Bank
AFDB African Development Bank
5. INTERNATIONAL ECONOMIC ORGANIZATION
WTO (GATT)(tariff-imports/exports)
European Union (Common Market)
NAFTA North Atlantic Free Trade Agreement
TRUE COST MOVIE
It discusses several aspects of the garment industry from production—mainly exploring the life of low-
wage workers in developing countries—to its after-effects such as river and soil pollution, pesticide
contamination, disease and death.
The True Cost is a 2015 documentary film directed by Andrew Morgan that focuses on fast fashion. It
discusses several aspects of the garment industry from production—mainly exploring the life of low-
wage workers in developing countries—to its after-effects such as river and soil pollution, pesticide
contamination, disease and death. Using an approach that looks at environmental, social and
psychological aspects, it also examines consumerism and mass media, ultimately linking them to global
capitalism. The documentary is a collage of several interviews with environmentalists, garment workers,
factory owners, and people organizing fair trade companies or promoting sustainable clothing
production.
Main issue -It is a story about greed and fear, power and poverty, examining connections between
fashion, consumerism, mass media, globalization and capitalism.