POLITICS AND GLOBALIZATION
POLITICS AND GLOBALIZATIONREPORTERS:
CEDRON, SHIELA G.QUERIDO, MICHAEL T.
GLOBALIZATIONIs 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 WARIs 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
CharacteristicsDefining CharacteristicCold War EraGlobalization II
EraOverarching featureFrozen world olderIntegration; the world as
an increasingly interrelated place, dynamic processDefining
Word(s)dtente, nonalignment , and perestroikaThe WebDriving IdeaThe
clash between Communism and CapitalismFree-market CapitalismSet of
Economic RulesRules varied by type of society:
Less developed: focus on national industriesDeveloping:
export-led growthCommunist countries: autarkyWestern Countries:
regulated tradeOpening, deregulating, and privatizing the
economy
Dominant CultureNo globally dominant cultureSpread of
AmericanizationDefining TechnologiesNuclear weapons and Second
Industrial RevolutionComputerization, miniaturization,
digitalization, satellite communications, fiber optics and the
internetDefining MeasurementsThe throw weight of nuclear
missilesSpeedFAQWhos side are you on?How fast is your
modem?Defining DocumentThe TreatyThe DealDefining AnxietyNuclear
annihilationFear of rapid, dramatic change brought on by anonymous,
uncontrolled forcesDemographic PatternMovement from East to West
frozen while movement from south to north more steadyRapid movement
from rural agrarian contexts to urban, globally integrated
contexts
Defining Structure of PowerBalance between the U.S and
USSRBalance between States-and-States, States-and-Supermarkets
(millions of investors moving money around the globe with the click
of a button), States-and-Super-empowered Individuals (the
individuals able to act on a world stage unmediated by the
State.
