The new system constituted a different frame work for international relations. The new system had its own unique logic rules, pressures and incentives and it deserved its own name globalization. Globalization is the dominant international system that replaced the cold war system after the fall of the Berlin Wall. The cold war had its own structure of power: the balance between the US and the USSR. Cold war rules in foreign affairs neighbor superpower would encroach on the other sphere of influence; in economic, less developed countries on export-led growth, and western economics on regulated growth. The Cold war was a clash between communism and capitalism. The cold war was a movement of people from east to west. It was frozen by Iron Curtain, but the movement from south to north was steady. The cold war had its own defining technologies ?nuclear missiles.
The Cold war affected influence the domestic politics, commerce and foreign relations of every country. The world has become an increasingly interwoven place, and today, whether you are a company or a country, your threats and opportunities increasingly derive from who you are connected to. I define globalization this way. It is the inexorable integration of markets, nation-states and technologies to a degree never witnessed before?in a way that is enabling individuals, corporation and nation-states to reach around the world farther faster, deeper and cheaper than ever before. Globalization means the spread of free-market capitalism to virtually every country in the world.
The Lexus and the Olive Tree It struck me then that the Lexus and the olive tree were actually pretty good symbols of this post-Cold dedicated to modernizing streamlining and privatizing their economics in order to thrive in the system of globalization. And half of the world?sometimes half the same country, sometimes half the same person?was still caught up in the fight over who owns which olive tree.... [continues]
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