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Lecture Outline

Globalization: Cancerous Spread • Map Quiz


or Benevolent Aid? • Globalization
– Definition
– Time-Space Compression
Geography 5
– World System Theory
February 27 2004 – World Cities
• Video:

What is Globalization? Time-Space Compression


“the process by which events, activities, and M. McLuhan (1960)
decisions in one part of the world have “GLOBAL VILLAGE”

significant consequences for communities


- speed of life has increased
in distant parts of the globe.” - altered social, cultural,
(Haggett, p.586) political and economic
scale
- GLOBAL Relationships
GLOBALIZATION = INTERNATIONALIZATION
Haggett, p. 589

Characteristics The Debate


Not a new phenomena – Colonization, mercantilism Cons Pros
(16th - 18th Century) • Uneven distribution of •Promotes economic
results –
development
Modern Causes: underdevelopment and
1) Transportation technology concentration of $$ •Increased employment in
2) Global media sourcing • Concentration of developing countries
global/national capital
3) Communication technology/ Internet •Distribution of technology
and power (MNCs)
4) Multi National Corporations and ideas
• Risk of exploitation
Types of Globalization
World Systems Theory
Dispersal/Extensive Concentration Wallerstein (1974)
(Japur, India) (Seattle, USA)
• Theory of development and under-development
•Distribution of global POWER – economic class
• World divided into 3 spheres:
Core
Semi-periphery
Periphery

•Culture (Media) POWER • Core exploits the peripheries and prevents development
•Environmental Problems •Economic • Expressed through MNC control
•Economic modes/ Ideas •Political

Economic Regions of the World


Commodity Chains
Def: linkages between sites of production and
consumption
• Manufacturing increasingly global

• Hidden geographies:
Global production creates distinct
social, environmental and political
characteristics
Core Semi-periphery Periphery

World Cities World Cities


Def: Urban areas which play a dominant role in
global economics and politics

NOT POPULATION SIZE

 Financial centers of the globe


- control the multinational corporations
- usually get most capital from extraction in
other areas

Economic might = global political influence


(e.g. G8) Haggett p. 603

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