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Graduate Course Descriptions: Spring 2006

The Political Economy of Globalization
(Sociology 84600)

Prof. Mauricio Font (mfont@gc.cuny.edu)

Mondays, 4:15 - 6:15 p.m. Room TBA, 3 credits

Globalization can be viewed as a set of processes linking the world into a shared social space. The study of globalization focuses on the characteristics, origins, and consequences of these complex processes. The sociology of globalization calls for a broad social science approach that integrates economic (and technological), political, cultural, and social dimensions. In this sense, this course explores: (a) the movement toward and against global economic integration (trade, finance, production) and global economic realignment; (b) processes of democratization, shifts in power and governance, including state reform, and their implications in terms of human rights; (c) transnational collective action and civil society; (d) cross-border migration and transnational communities; (f) illegal networks. The course probes main components, actors, and consequences of globalization in terms of a “political economic” approach that highlights the interactions (or dialectical relations) between economic, political, and social-cultural factors. The “political economic” perspective is compared with other approaches.

One of our challenges is to effectively link global and national levels of analysis. The social sciences still rely on models of social organization and change centered on national societies ("countries") or nation states. Globalization challenges these state and society-centered models. The emergent challenge is how to combine the two levels of analysis—theoretically, empirically, and in terms of policy and advocacy. Globalists insist on a fully planetary or global perspective. Still, contemporary transformations, transitions, and reforms do take place within the framework of nation states, even if there is increasing evidence of the role of transnational processes, actors, networks, institutions, and ideas. Resistance to globalization and liberalizing reforms has come not only from traditional communities, but also from advocates of alternative views on social change often operating transnationally. In exploring the broader historical and theoretical context of globalization processes, transitions, and reforms, we pay considerable attention to the creation of transnational networks of actors, including business, labor, and the new civil society.

We use the term "political economic" broadly to mean an interdisciplinary approach that bridges the gaps between sociology and the other social sciences, particularly economics and political science (but also history and anthropology). The emphasis is on interactions between political, economic, and social actors, institutions, and policies. The main focus is on how collective action and political phenomena, in interaction with economic interests and processes, shape policies, the allocation of resources in society, the workings of markets, and hence economic outcomes. These were the concerns of a long list of scholars that stretches back into the 18th century: Adam Smith, David Ricardo, Jean Paul Rosseau, Karl Marx, Thomas Malthus, Max Weber, Thorstein Veblen, Friederich. Hayek, and John M. Keynes. In the latter part of the twentieth century, many other names need to be included. The list of sociologists broadly focused on large-scale transnational transformations and development processes includes F.H. Cardoso, E. Wallerstein, Ralph Miliband, Giovanni Arrighi, Fred Block, Jürgen Habermas, Barrington Moore Jr., Charles Tilly, Theda Skocpol, Peter Evans, Alejandro Portes, Saskia Sassen, Manuel Castells, Phillip McMichael, Anthony Giddens.

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