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SUMMARY:What is Globalisation and What Does it Do? - Makoto Nishibe (Unive
 rsity of Hokkaido)
DTSTART:20130128T200000Z
DTEND:20130128T220000Z
UID:TALK42874@talks.cam.ac.uk
CONTACT:Cambridge Social Ontology Group
DESCRIPTION:The term 'Globalization' has been used as the magic word to de
 scribe the world socio-economy since the 1990s\, but its theoretical defin
 ition is often unclear. \n\nObviously\, its technical base can be seen in 
 Information and Communication Technology (ICT) like Internet. Then\, is Gl
 obalization related to deindustrialization\, i.e.\, informatization and se
 rvicization since the 1970s? Is it realized as socioeconomic 'Americanizat
 ion' (= American standardization) and/or emergence of geopolitical and war
 fare 'Empire' (Hardt-Negri)? \n\nThe focus of the present talk is rather o
 n the socioeconomic sides of Globalization that are seen as the following 
 seven trends. 1. Globalization of market economy\, 2. Deregulation and lib
 ertization of markets\, 3. Libertization of trades and investments\, 4. Em
 ergence of Transnational Corporations (TNC)\, 5. Development of transporta
 tion and communication technology\, 6. Expansion and speculatization of in
 ternational financial markets\, 7.  Decline of nation-states and regional 
 economic integration.\n\nGlobalization is thus a complex composed of such 
 several trends\, but can be depicted as a single tendency towards expansio
 n of Market (Exchange) and reduction of Community (Reciprocity) and State 
 (Redistribution) in K. Polanyi's terms. Globalization is now defined as ma
 nifestation of innate tendency of Market (commodification/ capitalization)
  to extensively expand and connotatively deepen in socio-economy. \n\nMark
 et tends to emerge between or outside Communities and States and internali
 ze itself into them. We construct a model of three (external\, internal an
 d general) modes of commodification in terms of general goods as developme
 nt of internalization of Market. Then we explain emergence and evolution o
 f capitalistic market economy by applying the three modes of commodificati
 on to labour-power.\n\nFinally\, globalization is understood as the proces
 s of self-organization of capitalistic market economy in order to overcome
  the tendency of falling rate of profit caused by 'fictitious capitalizati
 on' of labour-power and revitalize itself by rebuilding the mutually benef
 icial relation between capital and labour for innovation.
LOCATION:Clare College\, Trinity Lane Cambridge\, CB2 1TL\, in the Latimer
  Room\, in the Old Court
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