Consumption and Environment in a Global Economy

2001 ◽  
Vol 1 (3) ◽  
pp. 53-71 ◽  
Author(s):  
Ken Conca

Economic globalization demands two important adjustments in how we understand and undertake efforts to protect the global environment. One critical but overlooked effect of globalization is its impact on the “sustaining middle”—the large but fragile stratum of the Earth's population that lives, works, and consumes in ways most closely approximating genuine sustainability. Although we tend to view the world in dichotomous North/South terms, perhaps the greatest challenge of global environmental protection is to stem the corrosive effects of globalization on both ends of this middle stratum. Second, we must understand and respond to the ways that globalization undermines traditional regulatory approaches to environmental protection. Power in global production systems has shifted both upstream and downstream from the factory floor, where environmental efforts traditionally have focused. Viewing the problem from the consumption angle calls attention to the importance of following economic power “downstream” in global commodity chains, to the ideologies, symbols, relationships and practices that drive consumption.

2020 ◽  
pp. 1-13
Author(s):  
John Bellamy Foster

Any serious treatment of the renewal of socialism today must begin with capitalism's creative destruction of the bases of all social existence. Since the late 1980s, the world has been engulfed in an epoch of catastrophe capitalism, manifested today in the convergence of (1) the planetary ecological crisis, (2) the global epidemiological crisis, and (3) the unending world economic crisis. Added to this are the main features of today's "empire of chaos," including the extreme system of imperialist exploitation unleashed by global commodity chains; the demise of the relatively stable liberal-democratic state with the rise of neoliberalism and neofascism; and the emergence of a new age of global hegemonic instability accompanied by increased dangers of unlimited war.


2011 ◽  
Vol 55 (1-2) ◽  
Author(s):  
Christof Parnreiter

Cycles of accumulation and hegemony. A critical discussion of Giovanni Arrighi’s arguments on the relocation of centre and periphery of the world economy. Based on data on GDP and on stock market capitalization, the paper takes issue with Giovanni Arrighi’s notion of the “terminal crisis” of the US hegemony and the related relocation of the center of the world economy to China. While some indicators support Arrighi’s argument (e.g. the shift of the accumulation dynamic from the material to the financial sphere), others don’t. My analysis in this paper does not yield unambiguous results. Moreover, I question Arrighi’s primary unit of analysis, national economies, maintaining that such a focus downplays the recent fundamental changes in the organization of the world economy. I propose a less state-centric approach to identify centres of the world economy, which is derived from an integration of the concepts of global commodity chains and global cities.


2020 ◽  
Vol 97 ◽  
pp. 159-179
Author(s):  
Ulbe Bosma

The geographical term “Southeast Asia” dates from the 1930s, and came to denote a topic for academic studies in the early days of the Cold War. As such, it includes Vietnam, Cambodia, Laos, Indochina, Thailand, Myanmar, Malaysia, Brunei, and the Philippines. Southeast Asia has become thoroughly incorporated in the global economy over the past 150 years; first, as a producer of commodities, and later, as a supplier of cheap garments and electronic components. Under Dutch colonialism and British hegemony—the latter established by the conquest of Burma and the imposition of free trade on Siam and the Philippines in the 1850s—Southeast Asia was turned into a key provider of commodities for the industrializing countries. During high colonialism, from 1870 to 1930, the region became increasingly intertwined, via Singapore as the central port and through the role of mainland Southeast Asia as the rice basket for the plantations of maritime Southeast Asia. After the Second World War, the region was the world's most violent frontier of containment for communist expansion. In recent decades, Southeast Asia has become integrated in global commodity chains as a producer of cheap industrial goods, often as a subcontractor for more advanced economies, such as those of Hong Kong, Korea, Taiwan, and later on, Southeast China.


2020 ◽  
Vol 5 (1) ◽  
Author(s):  
John Feffer

If the COVID-19 pandemic has revealed anything, it is that the world economy rests on the foundation of modern medicine. COVID-19 is exposing the global economy’s fragility. It is not the first time that economic globalization has faced challenges. But this time, fundamental changes are afoot. The global economy post-pandemic will necessarily look different, says John Feffer.


Author(s):  
Nellie Chu

This chapter analyzes how Chinese rural migrants’ participation in the global commodity chains for fast fashion in Guangzhou intersects with their geographic imaginaries of the “global.” Specifically, it examines how migrants come to know the extent of their displacement as low-wage laborers in one of China’s “workshops of the world.” Through ethnographic description, this chapterreveals how migrant laborers’ geographic imaginaries inform the ways in which Chinese migrant laborers come to understand the conditions of their class-based labor and displacement vis-à-vis other market participants along the wider commodity chain. Migrant laborers create mental maps of the commodity chains in which they participate, while they situate their class-based roles along the transnational production chains.


2022 ◽  
Author(s):  
Phillip A. Hough

Contemporary scholars debate the factors driving despotic labour conditions across the world economy. Some emphasize the dominance of global market imperatives and others highlight the market's reliance upon extra-economic coercion and state violence. At the Margins of the Global Market engages in this debate through a comparative and world-historical analysis of the labour regimes of three global commodity-producing subregions of rural Colombia: the coffee region of Viejo Caldas, the banana region of Urabá, and the coca/cocaine region of the Caguán. By drawing upon insights from labour regimes, global commodity chains, and world historical sociology, this book offers a novel understanding of the broad range of factors - local, national, global, and interregional - that shape labour conditions on the ground in Colombia. In doing so, it offers a critical new framework for analysing labour and development dynamics that exist at the margins of the global market.


2019 ◽  
pp. 46-69
Author(s):  
Intan Suwandi

The analysis of global commodity chains creates some crucial questions in relation to the nature of imperialism in the twenty-first century: (1) whether decentralized global commodity chains can be seen as constituting a decentralization of power among the major actors within these chains, and (2) whether the complexities of these chains suggest that the hierarchical, imperialist characteristics of the world economy have been superseded. I argue that the answer to both of these questions is no. Despite the seemingly decentralized networks, and notwithstanding the existing complexities that characterize global commodity chains, the capital-labor relations inherent in these chains are still imperialistic in their configurations.


Asy-Syari ah ◽  
2015 ◽  
Vol 17 (2) ◽  
Author(s):  
Herlan Firmansyah ◽  
Endang Hendra

Economic globalization has become a difficult international agenda inevitable by all countries in the world. As well as accelerator movement derivative program of economic globalization, developing free trade (free trade) that has gradually been implemented in most specific regions in the world. For example, NAFTA program that has been effective since January 1, 1994, CAFTA has been in effect as of January 1, 2010 and MEAs will soon be put into effect from December 31, 2015. The goal ultimately is the realization of free trade world as the embodiment of a large agenda that no other is economic globalization. The implication, will materialize inter­de­pendent global economy (interdependent) between countries in the world. Including the interdependence of the external value of a country's currency as a unit of account, medium of exchange and store of Value on goods traded within the International transactions. The external value of the currency or commonly known as the exchange rate (exchange rate) is formed as a result of interaction between aggregate demand (aggregate demand) and supply aggregate (aggregate supply) in the money market. Thus, the phenomenon of economic globalization and free trade world that nowadays more and stronger will be the independent variables that can affect currency values of variables as dependent variables of aggregate demand side.


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