The Puzzle of Twenty-First-Century Globalization


Book Description

The Puzzle of Twenty-First-Century Globalization explores the opportunities and challenges of our international economic system. Patrice Franko and Stephen Stamos clearly trace how the ways we produce, finance, and trade goods and services are profoundly shaped by technologies of communication, transportation, and trade. Globalization encourages hyper-specialization—lavishly rewarding those with the skill sets to serve the global marketplace and punishing those poorly positioned to compete. Globalized systems have created great prosperity—along with instability, vulnerability, and backlash. Few genuinely understand the complex underpinnings of our international economic system—and these specialists tend to operate in isolated silos of finance, trade, and production. But without appreciating how systems come together, we cannot explain political reactions against the costs of globalization such as the Brexit vote or the rise of Donald Trump. We don’t value the changing geo-economic importance of the developing world nor the deep threat to ecosystems. This book is the first to emphasize the interrelated economic aspects of globalization from an interdisciplinary perspective. By placing an introduction to trade, finance, and multinational production in the same text that discusses the changing role of developing countries and the challenges to the environment, the authors provide the novice with the basics to understand the global economy while also challenging advanced students to appreciate global connectivity. Closing the knowledge gap in international economics, the authors present the historical context, interdisciplinary grounding, and competing political perspectivesneededto encourage sound critical thinking around contemporary globalization. They provide the essential global economic tools to equip all readers to make decisions that may foster a fairer, more sustainable global system.




Capital in the Twenty-First Century


Book Description

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.




Globalization and Postcolonialism


Book Description

Globalization has become a widely used buzzword, yet popular discussions often miss its deeper realities. This book offers the first clear explanation of the impact of colonialist legacies in a globalized era defined by the "War on Terror." Sankaran Krishna explores the history of the relationship between Western dominance and the forms of resistance that have emerged to challenge it. He argues that we live on an interrelated globe, that history matters a great deal in constructing contemporary realities, and that others create narratives about the world based on their experiences just as we do based on ours. Presenting a lucid exploration of the intertwined histories of both globalization and postcolonialism, this book uses compelling real-world examples to make sense of this crucial relationship.




Latin American Responses to Globalization in the 21st Century


Book Description

Written by a diverse group of scholars and practitioners from Latin America, the US and Europe and taking into consideration the recent global financial crisis,the book offers a multifaceted insight into the expectations as well as the possible threats related to Latin America's incorporation into the sphere of global interconnectedness.




From free trade to globalization uncovering the mist of 21st century


Book Description

Much has been written about globalization as an economic and political concept. The academic debate looks forward for explanations about the historical roots and development of this emerging phenomenon where the Nation-State’s evolved into a system where nations are ruled by the dynamics of global interdependence. Globalization in the new era is characterized as a process where geographical, political and cultural borders tend to dissolve. The Westphalia notion of sovereignty capitulates against the principle of political subordination as integration of local power ensuring national legitimacy.




Russian Politics and Response to Globalization


Book Description

This book analyzes the nature of Russia’s involvement with globalization. To date, Russia has mainly followed a course of selective openness governed by an increasingly strong state pursuing self-determination and its own vision of strategic objectives and forms of cooperation, rather than the projected reproduction of global convergence. It is also a country that is believed to be finding a new place and position for itself in the evolving global order, where European and American reflections shape the treatment of contemporary questions concerning Russia’s status in the world. The book highlights the problems and conflicts associated with political developments, democratization, economic reforms, and innovation, as well as societal perceptions and national identity formation. The world is shifting, with Russia developing its own vision of global politics and cultivating a pragmatic strategy based on national interest, one that supports globalization where necessary and opposes it where conflicts of interest and values are inevitable.




Globalization, Women, and Health in the Twenty-First Century


Book Description

We are still only beginning to understand the increasingly complex set of interdependencies among gender, health and globalization. This book brings together a diverse group of distinguished scholars and activists to explore the new risks and freedoms for men and women in a global society and their health determinants. They map the gendered impact of these processes and present a health landscape that takes us beyond nation states into trans-border flows of capital, people, goods and services. Each chapter begins with a global analysis of specific trends followed by two 'In Perspective' pieces by authors from contrasting disciplines and geographies.




Imperialism in the Twenty-First Century


Book Description

Provides an examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization. Deploying a Marxist methodology, Smith begins by tracing the production of certain iconic commodities--the T-shirt, the cup of coffee, and the iPhone--and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. --From publisher description.




The 21st Century Singularity and Global Futures


Book Description

This book introduces a 'Big History' perspective to understand the acceleration of social, technological and economic trends towards a near-term singularity, marking a radical turning point in the evolution of our planet. It traces the emergence of accelerating innovation rates through global history and highlights major historical transformations throughout the evolution of life, humans, and civilization. The authors pursue an interdisciplinary approach, also drawing on concepts from physics and evolutionary biology, to offer potential models of the underlying mechanisms driving this acceleration, along with potential clues on how it might progress. The contributions gathered here are divided into five parts, the first of which studies historical mega-trends in relation to a variety of aspects including technology, population, energy, and information. The second part is dedicated to a variety of models that can help understand the potential mechanisms, and support extrapolation. In turn, the third part explores various potential future scenarios, along with the paths and decisions that are required. The fourth part presents philosophical perspectives on the potential deeper meaning and implications of the trend towards singularity, while the fifth and last part discusses the implications of the Search for Extraterrestrial Intelligence (SETI). Given its scope, the book will appeal to scholars from various disciplines interested in historical trends, technological change and evolutionary processes.




Confucianism for the Twenty-First Century


Book Description

This collection of essays explores the resilience and relevance of an ancient yet still vital teaching, Confucianism, for the century ahead and beyond, finding in its many dimensions insights meaningful for the personal, ethical, socio-economic, and political challenges facing the global community and its best interests. Drawing on perspectives from the international scholarly community, the volume is multifaceted in its common goal of addressing contemporary issues in light of various Confucian teachings.