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Royal University of Phnom Penh Institute of Foreign Languages Department of English

Royal University of Phnom Penh Institute of Foreign Languages Department of English Subject : IG401 Chapter 6 The Ideological Dimension of Globalization Lecturer : Edgardo Gonzaga. Group members. BELL Socheata NON SokChamroeun PENG Veasna VA Sotheavy. Content. I. Key Terms

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Royal University of Phnom Penh Institute of Foreign Languages Department of English

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  1. Royal University of Phnom Penh Institute of Foreign Languages Department of English Subject : IG401 Chapter 6 The Ideological Dimension of Globalization Lecturer : Edgardo Gonzaga

  2. Group members • BELL Socheata • NON SokChamroeun • PENG Veasna • VA Sotheavy

  3. Content I. Key Terms II. Selling Globalization - Claim 1 - Claim 2 - Claim 3 - Claim 4

  4. I. Key terms Before exploring the ideological dimension of globalization, we should make an important analytical distinction between globalization, and globalism and ideology. • Globalization: social processes of intensifying global interdependence that have been described by various commentators in different, often contradictory ways.

  5. Globalism: an ideology that endows the concept of globalization with neoliberal values and meaning. • Ideology: a system of widely share ideas, patterned beliefs, guiding norms and values, and ideals accepted as truth by a particular group of people.

  6. II. Selling globalization • National poll on globalization conducted in 200 shows: -65% of respondents: globalization is good for both consumers and business both in the US and the rest of the world. -Other respondents: they afraid that globalization might lead to a significant loss of American jobs.

  7. Claim 1: Globalization is about the liberalization and global integration of markets • Neoliberals is anchored in the idea of the self regulating market • Neoliberals seek to cultivate • Liberalization and integration of global market as natural phenomena • Globalist message of liberalizing and integration market • The successful liberalization of market • Globalists have been successful

  8. Claim 2: Globalization is inevitable and irreversible • Globalists rely on a similar monocausal, economistic, narrative of historical • Globalization is irreversible • Globalization is inevitable • Globalization is inevitable and inexorable and it is accelerating

  9. Claim 3: No body is in charge of globalization People are in charge of globalization; markets and technology are • Paul Krugman, US economist • Thamas Friendman, New York Times correspondent and award-winning author • Robert Hormats, Vice Chairman of Goldman Sachs International  Example: US

  10. Claim 4: Globalization benefits everyone Globalization should be considered a good or a bad thing? • Globalist arguments on globalization Market liberalization: -rising global living standards -economic efficiency -individual freedom -barrier of trade is narrowed down -unprecedented technological progress Ex1: world trade: => expanding overall global economic output => a wave of productivity=> efficiency and creating million of jobs.

  11. Claim 4 (cont) • Who exactly is “We”? When market goes too far in dominating society and political out come=> the opportunities and rewards of globalization are spread unequally (gap between rich and poor people). Ex: World bank report: income disparities between nations are widening at a quicker pace than ever before. World bank, World development report 1999/2000 + bottom 25% of humankind live on less than $140 a year(poor) + world’s richest people doubled net worth to more than $1trillion between 1994 and 1998.

  12. Claim 4 (cont) + CEO employed in large corporation was 416times higher than average worker. + The financial wealth of the top 1% of American households exceeds the combined wealth of the bottom 95%of households. Neoliberal course was successfully preserved by : • Lobbyist in political action committees in US • The low US unemployment rate is masked by hard working condition of poor people.

  13. Claim 4 (cont) Group of scientists in United States +The other consequences of economic globalization • Threat to preventing the spread of parasitic diseases in sub Saharan Africa ( low affordability of developing c0untry to pay for medicine) • + The result of being deviated from the official portrayal of globalization as benefiting everyone • -Resignation - ending of contract

  14. Claim 5: Globalization furthers the spread of democracy in the world • is rooted in the neoliberal assertion  Voting • Francis Fukuyama, Johns Hopkins University • Hillary Rodham Clintion, US Senator from New York • Thomas Friedman, New York Times correspondent and award-winning author

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