royal university of phnom penh institute of foreign languages department of english

Royal University of Phnom PenhInstitute of Foreign Languages

Department of English

Subject : IG401

Chapter 6The Ideological Dimension of

Globalization

Lecturer : Edgardo Gonzaga1

Group members

BELL Socheata

NON SokChamroeun

PENG Veasna

VA Sotheavy

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ContentI. Key TermsII. Selling

Globalization- Claim 1- Claim 2- Claim 3- Claim 4

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I. Key termsBefore 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.

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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.

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II. Selling globalizationNational 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.

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Claim 1: Globalization is about the liberalization and global integration of marketsNeoliberals is anchored in the idea of the

self regulating marketNeoliberals seek to cultivateLiberalization and integration of global

market as natural phenomenaGlobalist message of liberalizing and

integration marketThe successful liberalization of marketGlobalists have been successful

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Claim 2: Globalization is inevitable and irreversible

Globalists rely on a similar monocausal, economistic, narrative of historical

Globalization is irreversibleGlobalization is inevitableGlobalization is inevitable and inexorable

and it is accelerating

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Claim 3: No body is in charge of globalization

People are in charge of globalization; markets

and technology arePaul Krugman, US economistThamas Friendman, New York Times

correspondent and award-winning authorRobert Hormats, Vice Chairman of Goldman

Sachs International

Example: US9

Claim 4: Globalization benefits everyoneGlobalization should be considered a good or a bad thing?Globalist arguments on globalizationMarket liberalization:-rising global living standards-economic efficiency -individual freedom-barrier of trade is narrowed down-unprecedented technological progressEx1: world trade:=> expanding overall global economic output => a wave

of productivity=> efficiency and creating million of jobs.

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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.

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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.

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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

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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 author14