POLYS 103 October 1 Lecture 17Outline of Last Lecture I. Globalizationa. Prosb. Cons c. In reality, the pros and cons are interchangeable Outline of Current Lecture II. Globalization continuedIII. TerrorismIV. Problem with terrorism .Current LectureThere is a grey area between advantages and disadvantage of globalizationPeople like and dislike globalization because of the effect that it has on peopleGlobalization is fundamentally politicalall Economist articles are about globalization in one way or another Russia /UkraineRussia seems to have won but this win is a hollow win because Russia is headed towards a recession globalization is causing Russia's economy to decreaseRussia is not converging No economic reforms in Ukraine (not becoming more capitalist)Italyprobably going towards another recession they need political reform to solve economic issues labor reformConvergenceBeer about globalizationThese 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.creative destruction- #1 beer company wants to buy the #2 beer companyIn US, mass market beer sales aren't growing even though population is growing because they are shifting to craft beer.SonySony used to be big, now not so muchcreative destruction plays a part here as wellDifferences between sony and beer not much differenceCreative destruction in boththey both didn't take note of the market trendswinners and losersAlibabaFloated an IPO on the New York Stock ExchangeAlibaba has public stock shares, but stock holders have no say in how the company operatesglobalization aspect: this Chinese company shops around the world for a place that has the “right” regulations for them (convergence)puts pressure on other stock exchanges to modify their rules/ regulations Terrorismdefinition: the use of violence or force by a non state actor against civilians in order to get policychange in government of those civilians it is politicalterrorize civilians to get civilians to tell the government to give terrorists what they wantindirect policy strategy tactic-method of achieving a goalStates cannot be terrorists, they can use the tactic of terrorism to force civilians into acting better There are many different definitions of terrorismpolitical- US definition can't include groups using terrorist tactics that we approve of makes it hard to have a clear definitionUnderlying political objectives can often be obscured by violence Terrorism vs. other forms of violence War: state vs. statewar is part of a political process, states seeks policy change in another state, and use force to coerce the other states into complying 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.Civil War/ Revolutionviolence between a state and its population Goal-policy change, process is different Political problemis terrorism a legitimate act of war or is it a criminal act that uses political words to attempt to justify themselves?The answer depends on whether you agree with the goal of the group. 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
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