The paper "Resistance to Globalization Definition" is a wonderful example of an annotated bibliography on social science. End of the Road: How Australia’ s auto industry ignored peak oil This article is about the wrong choices made about investments in the car industry in Australia. It shows how big international vehicle manufacturing companies have closed their businesses in Australia. Examples include GM, Mitsubishi, and Ford. All this is blamed on the fact that they ignored the warnings made by Colin Campbel about peak oil. It was estimated that peak oil started in 2005 and would be boosted by the oil production from Iraq during the Iraq war.
Companies were supposed to take advantage of this. However, some car companies such as the ones mentioned above failed to heed warnings about peak oil. The Prime Minister of Australia did not introduce mandatory standards for fuel-efficiency. The continued manufacture of large cars that are not efficient on fuel has with time, proved to be the wrong strategy for those companies involved. Since the global financial crisis, there has been a reduction in the supply of oil into the market (Ruppert 2009).
This is the reason why these companies are losing business and closing down. The closure of these car manufacturing factories in Australia is a threat to globalization and it can be seen to be a form of resistance to globalization. Globalization thrives when there are economic integration and interdependence. Companies originating in one country and working or opening branches in foreign countries are great promoters of globalization. The fact that global car manufacturers are closing their factories in Australia is a worrying trend for globalization.
This move is a threat and a hindrance to integration, exchange of ideas, cultures, products, and world views. It is important to note that existence in Australia, of companies originating in Europe, America, and Japan fosters the relations between these countries because there is an exchange in investment (Martenson, 2011). This can benefit globalization by boosting political relations as well. The article shows that future oil depended projects might be aborted just as GM Holden closed down. Closing down projects and businesses because of reduced oil supply will resist globalization.
In fact, the low supply of oil does not encourage global integration because it impedes free transport which would facilitate integration. The activities that bring people together around the world depend on oil directly or indirectly through transportation. The scarcity of oil means many people will not able to interact as usual (McBay, 2006). Part 1: The Howard years Peak oil, which should be seen as a process has started in 2005 rather than an event in the year of maximum global production, hits the weakest first, those with a pre-condition of other problems.
This post will show how ignoring early peak oil warnings by Irish oil geologist Colin Campbell led to mixing investments in the Australian car industry.
Martenson, C. 2011. The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment. John Wiley & Sons.
McBay, A. 2006. Peak Oil Survival: Preparation of Life after Gridcrash. Globe Pequot.
Ruppert M. 2009. Confronting Collapse; The Crisis of Energy and Money in a post-peak oil world. Chelsea Green Publishing.
Jones, E., Heywood, P.M., Rhodes, M. 2011. Developments in European Politics 2. Palgrave McMillan.
Medeiros, E.S. 2009. China's International Behavior: Activism, Opportunism, and Diversification. RAND Corporation.
Thomas, M. 2005. The French Empire Between the Wars: Imperialism, Politics, and Society. Manchester University Press.
Hallams, E. (2009). The United States and NATO since 9/11: The Transatlantic Alliance Renewed. Routledge.
Moore, R.R. (2007). NATO's New Mission: Projecting Stability in a Post-Cold War World. Greenwood Publishing Group.
Terzuolo, E. (2005). NATO and Weapons of Mass Destruction: Regional Alliance Global Threats. Routledge.
Bascio, P. 2007. Defeating Islamic Terrorism: An Alternative Strategy. Brandem Books.
Burbach, R. & Clark, B. 2002. September 11 and the U.S. War: Beyond the Curtain of Smoke. City Lights Books.
Mahapatra, C. 2009. The US Approach to the Islamic World in the Post-9/11 Era: Implications for India. Academic Foundation.