By V. Spike Peterson
This booklet rewrites worldwide political economic climate by means of bringing disparate positive aspects of globalization into relation and supplying an obtainable narrative of "how we obtained here," "what's going on," and "what it potential" from a serious vantage element.
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Additional resources for A Critical Rewriting of Global Political Economy: Integrating Reproductive, Productive and Virtual Economies
United Nations (UN) agencies generate valuable research documenting global hierarchies, initiate proposals for addressing inequalities, and "keep questions of social justice on the global agenda" (Scholte 2000, 248-249). At the same time, policies promoted by social movements concerned with protecting consumers and the environment may disproportionately "hurt" developing countries. Class hierarchies The development of capitalism has institutionalized internal and international divisions of labor and class that for the most part are deepened by neoliberal globalization.
Assessments are shaped by whether and to what extent the rules of the game and its premises are taken for granted (as common sense) or contested (as ideological constructions). Globalization as an informational economy: meaning and effects Castells's discussion of the "information technology paradigm" helps to clarify the analytical challenges posed by new technologies (2000, 69-78). First, information is the raw material of the paradigm; "these are technologies to act on information, not just information to act on technology" as in earlier technological revolutions (70).
This returns me to the interpretive model of language posed in the second chapter and deployed now to interpret how value is determined 20 Context and objectives not only in relation to "economic" activities but to work, workers, commodification, and neoliberal globalization more generally. A final discussion of continuity and change brings the arguments of the book together and suggests their implications. To conclude the present chapter, I note that whatever else can be said about globalization, its implications for people's lives and effects on their well-being are extensive yet they are not homogeneous.
A Critical Rewriting of Global Political Economy: Integrating Reproductive, Productive and Virtual Economies by V. Spike Peterson