PSC 124 1st Edition Lecture 1 Outline of Current LectureI. What is IR?II. Globalization III. Debate on globalization Current LectureI. What is IR?- traditional definition: a branch of political science concerned with relations between nations, focusing primarily on foreign policy- updated definition: a study of the relation between nations and other important non-state actors; considers globalization and the complexities of conflict and cooperation- non state actors: actors other than state governments that operate either below the level of the state (that is, within states) or across state borders- nongovernmental organization (NGO): a transnational group or entity (i.e. the Catholic Church) that interacts with states, multinational corporations, other NGOs, and intergovernmental organizations - multinational corporation (MNC): a company based in one state with affiliated branches or subsidiaries operating in other states- intergovernmental organization: an organization (such as the UN and its agencies) whose members are state governmentsII. Globalization- “the development of an increasingly integrated global economy marked especially byfree trade, free flow of capital, and the tapping of cheaper foreign labor markets- the tendency of businesses, technologies, or philosophies to spread throughout the world- the increasing integration of the world in term of communications, culture, and economics- may also refer to the changing subjective experiences of space and time accompanying this processIII. Debate on globalization- pro These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.1. creates greater opportunity for developing countries to accumulate wealth 2. integrated global economy contributes to peace3. global communication leads to innovation and spread of technologies that increase quality of life4. has a democratizing effect- con1. increases ability of wealthy countries to take advantage of poorer countries2. cultural imperialism: homogenized world culture “westernization” 3. gives too much power/influence to corporations4. end of sovereignty5. outsourcing of