Warm-up “Where globalization means, as it so often does, that the rich and powerful now have new means to further enrich and empower themselves at the cost of the poorer and weaker, we have a responsibility to protest in the name of universal freedom.” -Nelson Mandela Why would globalization help the rich but not the poor?

Globalization Central focus  Trade Increasing interdependence and connections of nations around the world Technology helps to connect us Telegraph, telephone, the internet Connects countries around the globe Exchange of culture, products, ideas

Globalization London Most globally linked city in the world

Globalization New York City Connected to countries/cities around the globe London and Singapore Business

How many businesses can you count?

Globalization World Social Forum Network of socialist organizations Porto Alegre, Brazil “Another World is Possible”

Network According to Manuel Castells, a sociologist specializing in globalization, a set of interconnected nodes is a network.

Participatory Development Corbridge and Kumar’s study in India Greatest success with better off farmers and particular local groups.

World Economic Forum Annual meeting Nonprofit organization Represents large corporations and political leaders of rich countries Davos, Switzerland Discuss improving business around the world

Outsourcing Contracting another company in a foreign country for labor Cuts costs Sends jobs overseas Major source of globalization Example: IPOD basic chip design occurs in the United Kingdom, assembly occurs in China

Human Resources (or Capital) The people who make up the workforce of an organization Demographics Diversity Skill

Capital Resources Goods produced and used to make other goods and services Tools Equipment

Berkeley Berkeley, California Established a “local currency” in an effort to avoid globalized currencies

Vertical Integration Media corporations which integrate ownership in a variety of points along the production and consumption chain In other words: businesses (at different stages of production) merging Example: Walt Disney Corporation’s ESPN Zone and Pixar

Infrastructure in·fra·struc·ture Noun the basic physical and organizational structures and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise.

Media The news Radio, T.V., Internet Media Convergence = the use of electronic technology to integrate media such as newspapers, books, TV, and the internet Power as information gatekeepers has been undercut by web logs on the internet Glimpse into the current events around the world

Activity Gender Equality Around the World ESPN Economic Social Political eNvironment Summary/Response Paragraph