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  • Economic: worldwide supply chains, markets and products
  • Financial: worldwide financial markets; easier access to external financing
  • Political: closer relationships between governments
  • International: rapid flow of information across the globe
  • Cultural: cross-cultural contacts, travel and tourism immigration, access to foreign products and ideas
  • Ecological: global environmental challenges needing international co-operation

Arguments in favour of globalization:

  • General prosperity: lower prices, more employment, higher standard of living
  • Increased opportunity and social / personal mobility
  • Improvements for poor countries: life expectancy, infant mortality, literacy, participation of women in society

Arguments against globalization:

  • Inequality of wealth within nations – not much ’trickle down effet’ (when financial benefits are passed down from big business to consumers and ordinary people)
  • Human costs: injustice due to increased power of local elites, erosion of traditional cultures
  • Environmental damage

Worries about globalization

  • In developed countries:
  • job losses
  • destruction of small local businesses
  • destruction of local culture
  • In cheap-labour countries:
  • looser regulations casuing environmental damage and human rights abuses such as ’child labour’

 Video 1: The Social Network

  1. “There's difference between being obsessed and motivated,” Mark assures his girlfriend. What is Mark most passionate about?
  2. Why did Mark get in trouble for creating FaceMash at the beginning of the movie? What was the privacy rule that he broke?
  3. Mark tells the Winklevoss twins that he uploaded CourseMash for free online instead of selling it to Microsoft for millions. What does this reveal to us about Mark’s motivation for creating these sites? 
  4. The Winklevoss twins came up with the idea of HarvardConnection. What made this idea unique from MySpace and Friendster?
  5. What was Mark’s motivation behind creating Facebook? How is his motivation different/same to the Winklevoss twins?
  6. “I was your only friend - you had one friend,” Eduardo tells Mark across the deposition table. What is Mark and Eduardo's friendship like?
  7. How did Mark get the idea to include relationship status on Facebook profiles? What explanation does he give to Eduardo for including this on Facebook?
  8. Why doesn’t Mark want to put advertising on the site?
  9. When does Mark decide to expand the site to other schools?
  10. Sean Parker:'You know what's cooler than a million dollars?' 

Eduardo Saverin: 'You?'

Sean Parker: 'A billion dollars.'

How do you think users of Facebook will react to knowing that, by sharing their lives publicly, they are allowing someone else to make billions from their personal information?

  1. What finally convinces the Winklevoss twins to sue Mark for intellectual theft?
  2. By the end of the film, what judgements - if any - do you think the film ultimately makes about Mark and the creation of Facebook? Did he steal the idea?  What impact has it had on our culture?