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Pol sci ppt...

  2. 2. INTRODUCTION • Theories of globalization is significant in today’s world ,as after 1991 when globalization came ,that effected the international theories i .e. liberalism ,realism ,marxism , constructivism, and moulded it with globalised character .Globalization also lead to creation of many other new theories of globalization. • These theories compete with one another as they attempt to explain important aspects of economics, politics and culture. • The theories argue that globalisation will encourage ‘good things’ like the growth of online communities that can span the world and might be able to break free of repressive regimes.
  3. 3. GLOBALISATION AND LIBERALISM. • LIBERALISM-emphasis on the central issues that it seeks to address are the problems of achieving lasting peace and cooperation in international relations, and the various methods that could contribute to their achievement. • The strongest case for globalization is liberalism: the main pillar of international capitalism. • The invisible hands of Liberal market: economy will turn profits into an engine of social progress through enhanced corporate responsibility when technology advancing supports trade across borders and integration of production. • Liberalism is consistent with necessary government interventions as corrective measures in the market-economy. • Under Liberalism capitalism: globalisation makes many workers better off against worsening of some workers.
  4. 4. CONTIN…… • Under free trade, consumers tend to be better off as their standard of living improves. • Under liberal trade, a country shifts its pattern of production in the direction of specialisation and competitive/comparative advantage. • Technological progress and transfer of technology in the globalisation process would create more winners against losers. • Most outward FDI from rich countries goes to other rich countries rather than poor countries.
  5. 5. Globalisation and neo-liberalism • The goal of neoliberal economic globalization is the removal of all barriers to commerce, and the privatization of all available resources and services. • Neoliberal polices are propagated through the IMF, World Bank and WTO. • Neo-liberalism favours the free-market as the most efficient method of global resource allocation. Consequently it favours large-scale, corporate commerce and the privatization of resources. • The neoliberal experiment has failed to combat extreme poverty, has exacerbated global inequality, and is hampering international aid and development efforts.
  6. 6. Globalization and realism Realism-acc to realism state works only to increase their own power relative to that of other states and looks into states primary interest is self preservation .Therefore , state must seek power and must always protect itself . Globalization Must Coexist with Realism • Globalization does directly challenge the basics of realism. The movement towards a more global world definitely means the death of realism and all the ideas that are part of it. • Globalization will and has started to cause two worlds to be created. It has developed an advanced world that is economically powerful and then a world surrounded by poverty. Globalization has led to many civil wars and failed states, when the removal of realism was to reduce war.
  7. 7. Continued…. NEGATIVE ASPECT. • Many states have tried to protect their people from Western values that have been shown through media. China is a key example of a state trying to stop Western values from taking over due to globalization • globalization has given illicit actions an easier time growing in value and becoming more global. • Globalization must be approached slowly because the consequences of killing off realism and accepting globalization will not benefit the world but hurt many economic powers. • Globalization is changing the twenty first century from a realistic era of nation-states to an interdependent world based on economic power.
  8. 8. GLOBALISATION AND NEO-REALISM • • neo-realism defines the state’s interests as defined by power and wealth. realists, neo or classical, do have a common set of basic assumptions that they agree on, being, self-help, statism, and survival. • However, in light of current events and the expansion of globalization, it has become such. Neo-realism has addressed the limitations of classical realism, allowing us to evaluate the evolving world of international relations. • For example, the evaluation of the influence that organizations such as the G-20, the IMF, and the World Bank have on international relations are possible with a neo-realist approach. • A neo-realist approach to current affairs such as terrorism and international market regulation is absolutely necessary if we are to be able to evaluate the influence that these individual actors have on international relations today.
  9. 9. Globalization and marxism • The political and economic philosophy of Karl Marx in which the concept of class struggle between rich and working class. Marxism and globalisation • Globalisation as a cure for class alienation.- the lines and cleavages of economic benefit are changing in the global world. • They say that nearly both the classes have a comparative advantage in one way or another within the global economy. • Many of the most important perspectives on the economic aspects of globalization are associated with Marxian theory. • In Marxist terms globalisation can be seen as the situation to which capitalism inevitably leads, i.e., where the ceaseless drive to accumulate more and more capital obliges capitalists to try to break down all remaining impediments to investment, markets, resources, cheap labour and profitable business opportunities.
  10. 10. Constructivist Theories and Globalization CONSTRUCTIVISM • In international relations, constructivism is the claim that significant aspects of international relations are historically and socially constructed, rather than inevitable consequences of human nature or other essential characteristics of world politics. Constructivism relation with globalization • national and transnational identities both reshaping and being reshaped by globalization • statist identities under challenge • reactionary politics • trans-national and cosmopolitan identities emerging • calls for new forms of global governance • examine homogenization & hybridization of cultures, politics, and economics
  11. 11. REFERENCES • https://socialsciences.arts.unsw.edu.au/tsw/Marx.html • http://www.govloop.com/profiles/blogs/realism-orneorealism-theory • INTERNATIONAL RELATIONS THEORY-CYNTHIA WEBER. • INTERNATIONAL RELATIONS-PEU GHOSH. • http://www.stwr.org/globalization/neoliberalism-andeconomic-globalization.html • http://www.umsl.edu/~keelr/3210/3210_lectures/glob alization.html • http://clg.portalxm.com/library/keytext.cfm?keytext_i d=24 • http://labspace.open.ac.uk/mod/oucontent/view.php? id=448032&section=4.2.1
  12. 12. THANK YOU