Reader response

Nayan Chanda(2008) writes in Runaway Globalization Without Governance that governance needs to keep in pace with the developments of globalisation. Although globalisation has increased integration among nations, it has also caused setbacks to the environment and mankind. This is due to lack of effective and underdeveloped laws to control the activities that globalisation has created.

The author claims that history has created the world that is today. He states that activities in the past have created new civilisations. The presence of early activities like trades have taught the world today on  how to manage such activities. I truly agree with the author that learning  from the past is crucial and that what we have today would not have been possible without the efforts of our predecessors.

The advancements in technology has brought the world even closer together. I believe that some form of leadership or oppression  needs to exist to ensure that this interconnections do not bring any harm to lives. Some nations might take advantage of the benefits and use it against the will of mankind.

Summary edited

Globalization existed since time immemorial. The idea to govern the links it has created is something novel and it is still in its early stages of development. The poor relationship between governance and globalization coupled with poor laws by the superpowers may be detrimental. The past created and connected the world that is today. Governance began when powerful early men dominated territories and imposed rules.  Although laws to manage societies have been modified overtime, they have yet to be developed

 World organizations have emerged to oversee trade. Health policies and religion had played a major role in trade movement and reputation in the past. The advancements in technology have shrunk the world. The presence of authoritarian notions and defence issues have become critical issues in this globalised world. Globalization has led to fading of territorial boundaries and also negative impacts on human life. US  is not cooperating with other nations to abolish nuclear weapons and in the fight to save Gaia although it has played a huge role in globalizing the world. US needs to cooperate more and share more camaraderie with other nations to tackle today's global issues, failure to do so can have heavy implications on the world.   

200 words

Final Draft Summary

Runaway Globalization Without Governance

Globalization existed since time immemorial. The idea to govern the links it has created is something new and it is still in its early stages of development. The poor relationship between governance and globalization coupled with poor laws by the superpowers may be detrimental. Globalization has seen to be blooming since it began and the past created and connect the world that is today. Although laws managing societies have grown and changed overtime, they have yet to be better developed. Laws passed in the past were diverse across different territories resulting in biasness and inconsistency. Players in the global community have adversely brought about amazing advances but also setbacks. Governance allows for management of people in  a given territory. It's birth began when powerful early men ruled and dominated places and people and imposed rules. General Agreement on Tariffs and Trade(GATT) emerged to create a virgin policy and developed the World Trade Organization(WTO) to oversee competitive trade. The monopoly of consumer products still exists today and is managed by the Trade Related Aspects of Intellectual Property Rights(TRIPs).Empires back then have given rise to greater number of new nations and land space. Health control measures were introduced eventually over the years such as quarantine. Religion played a major role in trade movement and reputation. The advancements in transportation and telecommunications have shrunk the world. However technology has posed challenges. The presence of authoritarian notions and defence issues have become pressing issues in this globalised world. Globalization has led to fading of territorial boundaries and also negative impacts on human life. The absence of effective measures is posing a eminent threat. There are more countries wanting to join the league of harness nuclear weapons which can be fatal to mankind if utilized. US  is not cooperating with other nations to abolish nuclear weapons and the fight to save Gaia although it played a huge role in globalizing the world. We can comprehend that if US were to give to its desires, it is subordinating itself in the global stage. US under the power of Roosevelt and Truman,  have shown concerns to be a better team player globally. However, it still chooses to be more non-chalant about global governance.US needs to cooperate more and share more camaraderie with other nations to tackle today's global issues, fail to do so can have heavy implications on the world.   

Scary Oil

Summary:

The rise in oil prices poses an eminent danger to the world's economy. The cost of Brent crude rose due to panic. The last few recessions were due to rise in oil prices mainly caused by disputes in the Middle East. The unrest is due to Iran wanting to harness nuclear warfare and this was unwelcomed by Israel and US. The constant attacks on Israeli's Embassies had also caused fury among Israel and US. A military attack on Iran can severely cause a surge in oil prices and result in a probable global recession.

Summarising and paraphrasing

Paraphrasing
David Crystal claimed that Latin becoming a global language is attributed to the influence of the Romans rather than the number of people who spoke the language.

Summary

 Language becoming a global one is due to the influence of the speakers rather than the population size of the speakers. This is exhibited in the charismatic and authoritative Roman empire.