Global Capitalization
Subsequent to the signing of the Peace of Westphalia in 1648, a strong theory of a modern state emerged. The concept relied deeply upon the establishment of three principals explained by James Lee Ray. Obtaining a modern state depended on, first and foremost, territory. The image of a territory with fixed borders having an apparent national identity with in them (Class notes 10/23). A vast campus that in comparison to another holds unique characteristics and shows diversity. Principal two is the demanding need for nationalistic loyalty. In other words it was found a necessity to obtain and practice faithfulness for your encompassed land. Modern States relied upon the people as nationalistic motivators to uphold it as a nation. Devotedness of the people is characteristic of a modern state (Class notes 10/23). Nationalism is an inspiration to fight and die, to take the risk for your territory. The third, and perhaps the most definable element of a modern state, is respect for sovereignty. For an idealistic state, admiration for the supreme law of the land is a necessity. The source of sovereignty lies in the people and their confidence, dependence, recognition, loyalty, and respect for their chosen government. Soverei
Due to the rise and expansion of importance of the consumer economy, all of the terms defining a modern state and the ability to have one are threatened. The world has united together economically. Challenging our defined borders, our motivational nationalistic loyalty, and our admiration for sovereignty, the image of a powerful "modern state" has been over looked and seemingly forgotten. All in the name of the global consumer economy and the desirable need to be on the top economically. Ultimately, the toll taken by the birth of the global economy is sovereignty. It is made apparent that respect for sovereignty is crucial as a primary part of establishing a modern state. Aside from the discouraging little known fact that the American economy is held up solely by credit sales and the realization that we are now attaining a negative savings rate, we are struck by the loss of our regarded sovereignty (Class notes 10/17). Although our governmental powers haven't yet revoked themselves entirely, we unconsciously gave up its authority to have the final say. Sovereignty is a sacrifice given when we share involvement in trade agreements (Class notes 10/23). Meanwhile our clueless society is left in the air, unable to finalize governmental matters. Basically just left out, defenseless and in an insuperior position while answering to the World Trade Organization. Somewhere along the journey America took a wrong turn. Although President Clinton promised Congress withdrawal from the WTO if our sovereignty was threatened, a withdrawal is not one of our nations options (Greider 139). Among other things, the prices for gas would triple. Basically America now exists, along with the rest of the WTO members, under the rule of an international body consisting of 121 various governments. We find ourselves attempting unsuccessfully to hold on to an admira
Some common words found in the essay are:
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Approximate Word count = 1257
Approximate Pages = 5 (250 words per page double spaced)
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