Deadline for First Graded Paper

I’m moving the final deadline for the first graded paper (on limits to flattening) back to next Wednesday, the day before Thanksgiving.  I decided to do this because I want you to put appropriate effort into the second paper, which is still due this Friday.

Second Graded Essay

Please write a three to five page essay, double-spaced with reasonable fonts on the following topic:

The dynamic growth of the U.S. economy over the last century has been described by Joseph Shumpeter as “creative destruction.” Twenty-first century globalization has been characterized as “creative destruction on steroids.” Do you agree with this characterization? Your response should address the following questions:

1. What did Shumpeter mean by “creative destruction”?

2. Do you agree that creative destruction is a good model of globalization?

3. The US economy, as a result of creative destruction, is generally thought to have been very successful during the last century, creating jobs and raising incomes dramatically.  Do you feel that creative destruction in the context of globalization will be as successful for the US?  Why or why not?

Please email me your essay as an attachment by Friday, November 21.

Third Expert Study Assignment

Write a brief summary of the economic impacts of globalization on the country you are studying. How has globalization affected imports, exports, GDP, employment, per capita incomes, income distribution, etc? Is that likely to change in the future, and if so how?

How important are international trade and financial flows to the economy of your country? What percentage of GDP is made up of imports/exports? How important are foreign-owned businesses to the nation’s economy? How many jobs do they provide? Has this changed over time? Do foreign-owned businesses pay higher or lower wages than other businesses in the economy? How many jobs do export producing businesses provide? Do export producing businesses pay higher or lower wages than the rest of the economy?

The summary should be no more than pages, double-spaced in length with 12 pt fonts. Please email your overview to me by Wednesday, November 12.

2008 Nobel Laureate in Economics

The 2008 Nobel prize in Economics has been awarded to Paul Krugman who is a professor at Princeton University.   He received the prize for work relevant to our course.  You can find out more about it here:

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Globalization Image Assignment

I have mentioned this assignment before and some of you have gotten a head start. That’s good. Here are the details. The assignment is in three parts:

1. Clarissa kindly posted our definition of globalization on her blog here. Find or create an image that illustrates this concept well to you.

2. Write a brief explanation of how your image fits the definition. Your explanation shouldn’t be more than a page in length. Bring both a link to your image and your explanation to class on Tuesday. You could put them on your blog if you like.

3. Create a VoiceThread of your explanation, and either email it to me or post it on your blog.

Second Expert Study Assignment

For your first assignment on the expert study, you selected a country to become an expert on. Now you need to do the second assignment:

Write a brief country overview summarizing the economic, political, and cultural environment there. The overview should be based on, but need not be limited to, the country’s entry in the CIA World Factbook. The overview should be one page, double-spaced in length with 12 pt fonts. Please email your overview to me by next Thursday, September 25.

How to follow our blog posts easily

The easiest way to follow the class blog conversation is by using a blog or RSS-Reader, like Bloglines or GoogleReader.  You import the following opml file into your blog reader and it automatically subscribes you to each blog in our class.  (Alternatively, you can manually subscribe to any feed you wish by pasting it into your blog reader.   I sent a zipped copy of the opml to your umw email account.  Unzip the file and then import it into your blog reader.

Possible Class Dinner Get-together

Please let me know what late afternoon-early evening commitments you have Monday thru Friday so that I can identify possible days for a dinner. Leave your answers as comments on this blog post.




Welcome

This is Dr. Greenlaw's online space for FSEM 100J - Globalization

Marbury 2008-09-08 1225DSC_1045P1170149101

Recent Comments

    Comments for horsejumper12341 » Comment on Is globalization creating a single language world? by Mohamed Idris

    Posted 10 months ago

    English can never become the world language, because the international English many of us are proud of speaking is a national language too. We will always find someone who speaks the language better than us. Americans still comment on people like Kissinger and Schwarzenegger because of their accents, even though both speak excellent English. If your English is bad, you do not have a chance. If your English is good, it is described as bookish. The mother tongue is simply inescapable.

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    Comments for horsejumper12341 » Comment on “A Smarter Planet” by megan abbott

    Posted 10 months ago

    I’m really glad you posted this article. Not only were the facts utterly intriguing, but it is quite a task to try to sum up exactly what globalization is and how it effects the world into words, and I think the author of this article did an amazingly accurate job. Even though this article is pretty long, I couldn’t keep my eyes off the screen, it is very thought-provoking and it also raises awareness. I really appreciated the positive attitude the author portrays in his stance on globalization and how he describes it as the world getting smarter together, because that ...

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    Comments for horsejumper12341 » Comment on Picture of Globalization by cedward2

    Posted 10 months ago

    This may sound REALLY dorky, but I read your blog and it made me smile. I was an AFS exchange student and it is totally true that you become an embassador and that it is like creating a web from country to country, a web that ties us all closer together. Im really glad that you posted this and I think it goes along hand in hand with globalization or at least our deffiniton of Globalization.

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    Comments for horsejumper12341 » Comment on Globalization is by Globalization Image Assignment at Dr. Greenlaws FSEM 100

    Posted 10 months ago

    [...] Clarissa kindly posted our definition of globalization on her blog here. Find or create an image that illustrates this concept well to [...]

    [Link]

    Comments for horsejumper12341 » Comment on Globalization A-Z by Globalization A-Z – UMW Blogs

    Posted 10 months ago

    [...] engaging some fascinating topics in a distributed manner through their own blogs. Between this post on the ABCs of Gloablization and this image of “When old meets new” (both of which are reproduced below), you have [...]

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    Comments for horsejumper12341 » Comment on Globalization A-Z by Reverend

    Posted 10 months ago

    I have to agree with the other commentators, this is an amazing list.

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    Comments for horsejumper12341 » Comment on Globalization A-Z by Annie Durkin

    Posted 10 months ago

    This is a really cool idea. I’ve thought of some other words that you could potentially use: advances,xenophobia?(maybe, not really sure but it would be an x), rapid, markets, outsourcing, homogenization. Thats all I can think of for now because class is moving on but I’ll let you know if I come up with any others.

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    Comments for horsejumper12341 » Comment on Globalization A-Z by nmoskal

    Posted 10 months ago

    Really cool idea! Bravo for attempting to do the whole alphabet.

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    Comments for horsejumper12341 » Comment on Will the whole world “flatten out”? by Prof.G

    Posted 10 months ago

    Does a flat world imply that all countries have the same income?

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    Comments for horsejumper12341 » Comment on Is globalization creating a single language world? by pgurung

    Posted 10 months ago

    A relevant comment I have is that I recently watched a documentary about China where they showed school kids having to learn Chinese in schools. Now these kids were not from China, and they were actually from other countries such as the Philippines, Cambodia, Thailand, Vietnam and other nations around southeast Asia where China was outsourcing. They were learning Chinese just as kids in India may learn English as a class. They were learning it because it they see it as essential in order to succeed in today’s world. My point is that, although English has been the dominant language in ...

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    Comments for Culture Shock » Comment on Blogging as a tool of protest by adurkin

    Posted 10 months ago

    I found this idea and article really interesting. Blogging can both demonstrate and contribute to globalization because it involves the process of sharing ideas over the web for anyone to read. Through the use of blog and technology, it is possible to make social and political reform changes. Technology has enabled us to have endless information at our fingertips. The U.S. government has picked up on this trend. Two examples of this are Obama’s campaign and Intellipedia. During the past election, Obama used text messages and his own website to keep voters updated on his campaign. The U.S. intelligence systems (CIA, ...

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    Comments for Culture Shock » Comment on Women and Poverty and a positive effect of Globalization by pgurung

    Posted 10 months ago

    An important reason as to why women remain marginalized in the social community even now is that the view that women as a gender are the minority is something that has been ingrained in people’s minds. Patriarchal societies date back to the time of Abraham or Moses, even to the time of earliest man (no matter which religion one may believe in). The mindset is the hardest thing to change, and when male-dominated ideology comes exists for such as long time, these thoughts and values become a part of what that society may have been built on. So for many traditionalist ...

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    Comments for Globalization » Comment on What is this world coming to? by nmoskal

    Posted 10 months ago

    I really like the comparison you made between the two definitions. Though we have spent a lot of time talking about both, it was really helpful to see the definitions side by side like that.
    I also hadn’t considered some of the questions you listed either. Especially since they affect each other, does the acceleration of one automatically accelerate the other? And also, is there a limit? Hopefully we’ll be able to cover some of these questions in class.

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    Comments for Chelsea's rambles » Comment on Globalization by seo blog

    Posted 10 months ago

    This is a really interesting blog post,I have added your blog to my favourites I really like it,keep up the good work!

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    Comments for Globalization » Comment on Pleeeease read this article. by Kelly

    Posted 10 months ago

    I think this is a pretty interesting article. It’s obviously biased, but it raises good points. I’ve wondered whether globalization is going to lead to one world market, but I had never thought about who would be in control, and what all that power would mean.

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    Comments for Chelsea's rambles » Comment on Globalization by mabbott

    Posted 10 months ago

    I can relate to you in the sense that it is hard to define globalization, precisely, which in turn, makes it hard to have a grasp on the issue. And comparing it to a logarithm makes it a little easier to understand because they are similar in that they are both complex and somewhat convoluted.

    p.s. i like your dr. suess quote a lot, i had never seen it before.

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    Comments for Globalization » Comment on capitalism pyramid. by Prof.G

    Posted 10 months ago

    Very interesting! What’s the source?

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    Comments for Globalization » Comment on What is this world coming to? by Prof.G

    Posted 10 months ago

    Great post, Megan. Very thoughtful and thought-provoking. I have some tentative answers to some of your questions, but I think I’ll keep to to myself for now.

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    Comments for Globalization » Comment on I HATE GLOBALIZATION by hgmclean

    Posted 10 months ago

    So, I know I’m not in this freshman seminar so it might seem a little creepy, but I would recommend you read Thoreau, especially Walden, he will commiserate with you. I have a friend who worked in the inner city this summer and he said that a lot of people had empty refrigerators and big screen tvs with PS3s. But we aren’t talking about globalization anymore. Like you or whoever it was earlier said, globalization is the transfer of ideas, that’s at least one positive there. I have never read “The World is Flat” so I have no insight from that ...

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    Comments for It's a Small World After All... » Comment on Expert Study: Spain by sheller

    Posted 10 months ago

    I went to Spain a couple of years back. One of the coolest parts of it though, was actually the diversity in the different regions. As you said there are 17 in all, and I found that each different city I went to was very unique in its own way. This is one of the most interesting things about it I feel. An economic take on this could be the different niches in manufacturing or other economic endeavors that each city holds unique. For instance Toledo, was a huge manufacturer of swords, and cutlery. Segovia by contrast, was more of a ...

    [Link]

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