Topic > Peter Dickens' Critical Review of Global Change: Mapping...

Peter Dickens' Critical Review of Global Change: Mapping the Changing Contours of the World EconomyWhen the term "globalization" is discussed, most academics, scholars , professionals and intellectuals attempt to define and interpret it in a synthetic way. My main concern with this approach is that you cannot and should not define a process that has altered decades of history, and continues to do so, in fewer than 30 words. Global Shift is a book with remarkable insights. Peter Dicken, rather than attempting to define the commonly overused word, explains globalization clearly and logically, connecting numerous points of view. Dicken takes full advantage of his position to write about and identify imperative changes in the political, economic, social, and technological dimensions of globalization. The case studies and examples in his book support key theoretical arguments; but the main flaw is that it does not contain real life examples that delve deeper into the theories. The book's youngest audience is college students, and the aim is to educate and guide them towards the true meaning of globalization. No matter how explanatory the theory is, it is very important to support it with specific examples. In the first chapter Dicken points out: "There is a real danger of resource depletion in specific areas... the geopolitical complication is that access to localized resources (such as oil, for example) may be limited from time to time by states in the whose territory it is located." (Dicken2007 p.25) Incorporating an example such as “When the 1973 Arab oil embargo removed approximately 25% of the world's daily crude oil from the market, oil prices increased significantly.” (McPherson) brings additional insight and understanding to a significant problem or event. Dicken's writing style does not emphasize examples. They are the cornerstone of good reasoning, drawing pictures and allowing the reader to relate to and receive in-depth insight into your arguments. Over the course of his assigned chapters, Dicken focuses on the patterns and processes of global change, the forms produced by the globalization of the business economy, and the forces that produce those forms. He builds his arguments around three interconnected processes, which he believes are the reasons for reshaping the global economic map. These are transnational corporations (“TNCs”), states and technology. Transnational Corporations – StateDicken believes that most multinational corporations are profit-driven capitalist enterprises. He argues that they are the primary movers and shapers of the global economy with the power to easily control or coordinate production networks around the world. In chapter four Dicken challenges the idea that over time multinationals will abandon their home country and take control of smaller, weaker firms..