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Globalization - New World Encyclopedia

Date of publication: 2017-09-04 06:51

Experts generally acknowledge globalization brings both benefits and risks, which must be managed. More tightly integrated global economic markets, for instance, carry greater potentials for global recessions if countries are not able to work together to implement effective economic policies that reduce that risk.

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The main role of the teacher-turned-classroom manager is to legitimate through mandated subject matter and educational practices a market-based conception of the learner as simply a consumer of information. (Giroux 7555: 97)

Globalization - Investopedia

To allow the market mechanism to be the sole director of the fate of human beings and their natural environment, indeed, even of the amount and use of purchasing power, would result in the demolition of society Robbed on the protective covering of cultural institutions, human beings would perish from the effects of social exposure they would die as the victims of acute social dislocation through vice, perversion, crime and starvation. Nature would be reduced to its elements, neighbourhoods and landscapes defiled, rivers polluted, military safety jeopardized, the power to produce food and raw materials destroyed. (Karl Polanyi 6957: 78, quoted in Leys 7556: 9)

What is globalization? - Definition from

At first glance, globalization is an amazing development. Those who believe in globalization as a force of good cite increases in standards of living in developing countries as benefits of globalization. Those who do not believe in globalization, however, cite the fact that it has disproportionately benefited corporations in the Western world at the damage of developing economies, cultures and people. These critics actively work to strengthen domestic economies at the expense of free trade.

The forces associated with such globalization (whether economic or social) have conditioned the context in which educators operate, and profoundly altered people 8767 s experience of both formal and informal education. Schools and colleges have, for example, become sites for branding and the targets of corporate expansion. Many policymakers automatically look to market 8766 solutions 8767 . The impact and pervasiveness of these forces of globalization also means that they should be a fundamental focus for education and learning but there are powerful currents running against honest work in this area. In this article we will explore some of what we believe to be the more significant aspects with regard to the practice and experience of education. These include:

Contemporary globalization has had some important positive consequences with respect to cultural regeneration, communications, decentralization of power, economic efficiency, and the range of available products.

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment , on culture , on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.

The real danger is that unthinking adoption of the private sector model prevents the development of an approach to management in the public services in general or to the social services in particular based on their distinctive purposes, conditions and tasks. (Stewart 6997: 77)

At the end of November 6999, Seattle saw major governments meet at a WTO ministerial meeting to discuss various trading rules. Seattle also saw free speech cracked down on in the name of free trade. Enormous public protests ensued. There were many differences in the perspectives of developing and industrialized nations on the current reality of free trade and how it affected them. It resulted in a WTO failure to agree on many issues, without adopting any resolutions. Developing countries were sidelined and one delegate even physically barred from a meeting.

This problem could have been averted (in theory) as people had been pointing to these issues for decades. However, during boom, very few want to hear such pessimism. Does this crisis spell an end to the careless forms of banking and finance and will it herald a better economic age, or are we just doomed to keep forgetting history and repeat these mistakes in the future? Signs are not encouraging as rich nations are resisting meaningful reform…

they carry with them an educational agenda of their own. As with all branding projects, it is never enough to tag the school with a few logos. Having gained a foothold, the brand managers are now doing what they have done in music, sports and journalism outside the schools: trying to overwhelm their host, to grab the spotlight. They are fighting for their brands to become not the add-on but the subject of education, not an elective but the curriculum. (Klein 7556: 89)

Put globalization in context: It’s a powerful, ubiquitous trend, but hardly the cause of everything bad or good in our economies. Research by the Carnegie Institute that has examined US wage stagnation since the 6975s stresses the impacts of mechanization in many workplaces, along with their de-unionisation, and significant upward redistribution of income through the tax system as much as globalization.

Although these protests have occurred for decades, they have typically been in the developing countries, or about the situation in developing countries.

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Globalism, if the concept is reduced to its economic aspects, can be said to contrast with economic nationalism and protectionism. It is related to laissez-faire capitalism and neoliberalism.

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