Globalization has to do with the erosion of sovereignty(nation state)>Business, finance, corporation.
Sasser who studied late mdern capitalism said, "We have this new form of legality." It deregulates markets, it defers global capital, and its capital priviledges and rights. Along with this, as we view Obama's new stimuluss plans, we are footing bill for a global financial system that we will not be a part of.
Transationalization states, "Borders no longer matter." There is multiculturalism and immigration that is taking place every day. With financial services there is centrality-infrastructure, human capital/overvalulization, undervaluization.
"Transnationalization is not a slogan. Transnationalization is a process, and it is aproject. Inside and outside Europe, migrants move from one country to another one,looking for a better future, refusing subordination and exploitation. Crossing theborders, migrants are transnationalizing the world. This process is already takingplace, that is why the transnationalization of migrants' struggles, against theborder regime, must become a project too" (Frassanito 1). Of course this type of activity is already taking place as we see it in everyday society.
Our problem is that we overvalue financial system and undervalue the people/physical space needed to run the city. Some believe the global financial system is about to collapse. In conclusion, all of these things are important to consider when figuring out certain problems that we have to deal with. This type of consideration and activity should be viewed first because of the global financial system's importance.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment