Key Thinkers That Influenced Tony Blair

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Economic Globalization is the ever increasing movement of capital investment around the globe, fueled by the increase in cross boarder relationships and the explosion of the internet and other communications services. Anthony Giddens one of the key thinkers that influenced Tony Blair in his time in parliament, described the process of Globalization as being ‘the intensification of worldwide social relations which link distant localities in such a way that local happenings shaped by events occurring many miles away and vice versa’ (Giddens 2013). Giddens and Blair were both strong advocates in the advantages of Globalization and alongside the prosperity it can bring to both developed and developing nations.
What they and others such as the…show more content…
Believing that economic globalization is truly based upon exploitation of Third world. Presenting prime examples and academic evaluation from geographers, economists and sociologists on how the explosion of globalization has made the richer wealthier, (Massey 2009) and the poorer even more isolated out of the global marketplace. (Söllner, 2014)
First of all, most academic skeptics of Globalization believe that the major turning point of modern day exploitation of the Eastern nations and Africa started at the turn of the Cold War. When America started building legislation which John Williamson coined as the Washington Consensus (Williamson 1990). Williamson amongst others believed that this was a means of growth for developing nations through the opening up of markets because of privatization, influx of foreign direct investment and tax reform through Structural Adjustment Programmes (SAPs.)
A prime case study of how skeptics of Globalization could see the World Bank and SAPs to be exploitative of developing nations, would look back to the Cochabamba Water War of 2000. Where the Bolivian government privatized its water supply due to foreign intervention, this resulted in Agaus del Tunari which is part of the American
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