These chapters brought me new concepts of globalization that I found very amusing. It started with different perspectives, what globalization is through the eyes of many people, and what this means for globalization. However, it seems clear that globalization is not just a social process, expanding places and ways, but especially an economic one, growing global markets and providing new economic choices.
Chapter 1, the term hidden promise showed me a positive idea of globalization. The individuals can become more free than before, now that geographic, traditional and government limits are not strong as they were. This made me think about people like Malala, that years before could not fight or would fight alone, but in our era could receive international support and today can live in a free country, different from before.
The chapter 2 then brings the questioning about if judging globalization as fully good or fully not is the best or by the evaluation of its effects. As many processes, globalization brings good things, like opportunity, freedom, but also bad things like inequality. I found it especial that the author emphasizes that globalization is not an idea from the West, but global trade, exchange of cultures and more existed for many years. Amartya Sen concludes that globalization can be a powerful resource, but with policies to reduce inequality.
Ending with chapter 8, neoliberalism is presented. I have my reservations about this economic movement, but since we already live in probably the most neoliberal country of the world, I appreciate that the authors of this chapter recognize that the movement brings inequality and tends to ignore the social and individual well-being. It prefers a reduced state, and the US was leader in these types of policies. The global institutions like IMF would top the cake incentivizing even more this type of economies.
1 comment:
I definitely agree with you, Globalization has become very huge in terms of economics and within the global trading industry. With the government having a bigger role in what Globalization is becoming in their country, has allowed their economic industry to be in the hands of their country's government. I liked that you also brought up how chapter 1 gave a brighter image in terms of what Globalization is, and that it isn't all so bad as it may seem. However, in chapter 2, we see a few of the bad things, such as inequality and not feeling included.
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