"Globalization Unplugged"

Paper Summary:

The paper examines Peter Urmetzer's "Globalization Unplugged", which presents an analysis of the concept and reality of globalization. The paper discusses how this book attempts to strip the debate about globalization of its myths, agendas and rhetoric to get to the essence of what globalization truly is in the modern 21st century world. The paper argues that Urmetzer's analysis is sound and well-argued, with a realistic depiction of globalization as a basis for further discussion and policy analysis.

From the Paper:

"One of the key strengths of Globalization Unplugged lies in its well-structured presentation of the debate over globalization. The first chapter - "The Life and Times of Globalization: An Unauthorized Biography" - explores the complicated levels of rhetoric and differing political and scholarly agendas with regard to the definition of the concept of globalization, while the second chapter - "Marx, Globalization, and Modernity: What is Old Becomes New Again" - reveals the historical basis of the phenomenon. These two chapters represent the sound foundation upon which the author builds the superstructure of his argument, addressing the key issues in the debate over globalization today in successive chapters: "The World Economy"; "Trade"; "Foreign Direct Investment"; "The Financial Economy"; "The Retreat of the Nation-state"; "The Postwar Economy". Finally, in his Conclusion, the author attempts to bring together the various threads of his argument into one cohesive model of the reality of globalization, with a particular focus on its relevance to the Canadian context."

Sample of Sources Used:

• Urmetzer, Peter. Globalization Unplugged: Sovereignty and theCanadian State in the Twenty-First Century. Toronto:University of Toronto Press, 2005.

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