McWorld - Globalization - Lecture Slides, Slides of Culture and Globalization

Mcworld, American Empire, Totalizing Effects, Markets and Democracy, National Sovereignty, Market Capitalism, National Sovereignty, Requirements of Democracy, Requirements of Global Capital, Commonalities and Oppositions. These are the important points of Globalization.

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2012/2013

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McWorld
The American empire is unlike any other
The totalizing effects of American culture
The hegemony of market capitalism
The outcome of two centuries of
westernization and modernization
Based on Benjamin R. Barber, Jihad vs. McWorld:
How Globalism and Tribalism are Reshaping the
World. (New York: Ballantine Books, 1995.
Docsity.com
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McWorld

 The American empire is unlike any other

 The totalizing effects of American culture

 The hegemony of market capitalism

 The outcome of two centuries of westernization and modernization  Based on Benjamin R. Barber, Jihad vs. McWorld: How Globalism and Tribalism are Reshaping the World. (New York: Ballantine Books, 1995.

Markets and Democracy

 Stability and even tyranny preferred over democratic values

 Creation of common culture and consumption, not common law or interests

Market Capitalism

 Erosion of national sovereignty

 Intergovernmental organizations (IGOs)  World Bank, World Trade Organization  International Monetary Fund

 Privatization of interests

 Loss of social responsibility

 Creation of common language, currency, and culture

 Need to facilitate global consumption

Consumption

 Images

 Celebrity

 Advertising

 Propaganda

Requirements of Global

Capital

 Suggestible consumers

 Authoritarianism

 Globalization

 Efficiency

 Productivity

 Elasticity

 Profitability

Commonalities and

Oppositions

 End to parochialism and religious conflicts

 Promotion of social mobility

 Other than on these issues, global market capitalism and democratic nation-states are not similar

The Virtual Corporation

 No defined place or mission

 Electronic relationships

 Virtual employees

 Robots (automation)  Temps (entrepreneurial employees)

Role of Government

 Socialization of risk for corporations

 Isolation of risk for individuals

 Enforcement of contracts

 Removal of regulation and restraints

 Minimizing public effects of private acts

 Economic consequences of personal decisions mitigated

 Employment and environmental issues not enforced

North-South Divide

 3% vs 30% agriculture  58% vs 18% service industries  Imbalanced resource allocation  Increased demand from South as development advances  Resistance from North to giving up resource share

Transformation of Capitalism

 Modern Capitalism

 Products manufactured for profit  Met unmediated needs of consumers

 Postmodern Capitalism

 Needs manufactured for profit  Met the mediated needs of producers

 The infinite needs of the soul over the finite needs of the body

Infotainment Telesector

 Selling spirit, pop culture, and lifestyles  Advertising budgets and branding  Colonization of all available space

Infotainment Telesector

 Advertorials and infomercials

 Product placement and promotion masked as magazines

 Public interest defined as information about product choice

Characteristics of McWorld

 Blurring of lines between Economically Developed Countries and Less Economically Developed Countries

 Blurring of lines between democratic and authoritarian governments

Characteristics of McWorld

 Increasing interdependence and power of transnational actors  IGOs (Intergovernmental Organizations)  NGOs (Nongovernmental Organizations)  TNCs (Transnational Corporations)