This website uses cookies to ensure you have the best experience. Learn more

Globalization: Cultures, Economies, Technologies, Societies Come Together As One

1081 words - 5 pages

The word globalization is becoming now the most common word in different nations. When we talk about globalization, we think about becoming global in every aspect of life. Globalization is conceived like a fusion. Being global doesn’t mean being just one frame. Globalization also doesn’t mean a world just in black and white. Let’s think about a mosaic formed by colorful pebble stones, where each color represents one nation and the whole mosaic represents the whole world. This is globalization; cultures, economies, technologies, societies come together as one. Globalization has brought a lot of benefits to our world, and on the other hand, it has its own disadvantages. ...view middle of the document...

A lot of countries offer their help to the countries which are in need for material help and even moral support. Even the sociologist, Anthony Giddens, in his article “Globalization and the Changing World”, states that: “As members of a global community, people increasingly perceive that social responsibility does not stop at national borders but instead extends beyond them” (Giddens, 2006, p. 53). We are all under the same sky, despite our skin color, social range, nationality, religion, economic status, and access to advanced technology. This phenomenon is helping the creation of national relations using the technology and information transfers.Another aspect of globalization is unifying the whole economies into just one world leading economy. A unified economy will surely need the same currency unit, like the case of the European Community. Almost all results taken from polls made to the Europeans expressed that with the entering of the Euro like price unit, the prices have duplicated. Based on the European experience, there will always be a misbalance between developed and undeveloped countries, and this global market will increase it even more. According to what Giddens claims: “Transnational corporations based in industrialized economies have been particularly active in expanding their operations in developing countries” (Giddens, 2006, p. 55). These transnational corporations are interested only to make trade with countries with a certain economic development. We can’t create a global economy while there are still countries where the word capitalism doesn’t have even a meaning; where there are a lot of countries with different economic system, such as agricultural, industrial etc. In the economic stadium, globalization will be a step behind for the developed countries and maybe a step forward for the undeveloped ones. But I’m still skeptical on this. Economy should not be submitted to the globalization process. A centralized economy will prepare the field for monopolies. A monopolized economy means rise of prices, decline of material goods. Economically speaking, globalization might be seen as a disadvantage.Beside the economic disadvantage mentioned above, globalization is...

Other Essays Like Globalization: Cultures, Economies, Technologies, Societies Come Together As One

Globalization Essay

1252 words - 6 pages around the world. Globalization is the process by which regional economies, societies, and cultures have become integrated through a global network of politics through communication, transportation, and trade. Globalization will create a one world economy, where big global corporations make a fortune exploiting slave labor on the other side of the world. With the treat of these global corporations taking control of the world economy because of fair

Globalization Essay

2756 words - 12 pages effects. While globalization is thought of by many as having the potential to make societies richer through trade and to bring knowledge and information to people around the world, there are many others who perceive globalization as contributing to the exploitation of the poor by the rich, and as a threat to traditional cultures as the process of modernization changes societies. There are some who link the negative aspects of globalization to terrorism

Governance and Policy Processes

3310 words - 14 pages focuses even more specifically on the ‘removal of trade barriers to free trade and closer integration of national economies’. The International Forum on Globalization, one of the groups promoting alternatives to globalization define it as ‘the present worldwide drive towards a globalized economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments

Globalization

782 words - 4 pages Running Head: Globalization Student’s Name: Course Code: Instructor’s Name: Date: Globalization: Outline I. Introduction A. An overview of globalization II. Discussion A. Discussion on the positive and negative effects of globalization III. Conclusion A. This part of the report will cover a summary of the findings Introduction Globalization is an increasing unity of various world economies

Impact of Globalization in Malaysia

5854 words - 24 pages life, from the cultural to the criminal, the financial to the spiritual. Globalization is a situation explaining a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade (Wikipedia). Meanwhile, Palmer (2002) defines globalization as "the elimination of state-enforced restrictions on exchanges across borders and the increasingly integrated and complex

Effects on Globalization in Culture Differentiation

3802 words - 16 pages Effects on Globalization in Culture Differentiation . Defining concepts 1.1 On Culture “The whole world is my native land” Seneca One of the first difficulties that needs to be overcome whenever trying to make a globalization approach is the lack of a universal acceptation of a unique terminology. As we will be trying to identify any relationship between cultural difference and globalization on the following pages, and

Gloalizaton

637 words - 3 pages also come with positive globalization factors. Africa is known to produce some of the highest numbers of successful runners throughout the world and has a wide spread of African beats/rhymes that originate in this region and make their way throughout the world. Globalization is the common link that links all of these regions. With many different demographic differences, globalization plays a role in each of these areas cultures, economy, and

Globalization - 709 words

709 words - 3 pages Globalization MGT 448 July 19, 2011 Globalization What is globalization, and what are some of the traditional international trade theories that support the concept of globalization? Globalization is defined as a shift towards an integrated world economy (Hill, 2009). Globalization can be explained in many ways, one is the globalization of production. For example

Globalization - 1477 words

1477 words - 6 pages free trade, world banks, sweatshops, and outsourcing. Many people see the positive effects of globalization. Societies that become richer with knowledge may be accepting of all types of people, making our world more peaceful. However, I see globalization as damaging to developing and developed countries in today’s world. Workers in developing countries are prone to harsh conditions and exploitation. Developed countries suffer from greedy CEO’s

States-Markets Relations

2590 words - 11 pages , and cultural relations across international borders . Although there are other definitions, it is not certain which one explain the best way the globalization in today’s world system as there are different approaches to look to concepts in social sciences. But it is certain that with globalization, an increasing level of interdependence begins among people who constitute states and societies and according to economic liberalist approach, it

Global Business Cultural Analysis-Sweden

5422 words - 22 pages of technological readiness (1st), Sweden has developed a very sophisticated business culture (5th) and is one of the world’s leading innovators (4th). Last but not least, the country boasts a stable macroeconomic environment (13th), with a balanced budget and manageable public debt levels. These characteristics come together to make Sweden one of the most productive and competitive economies in the world. With the abundance of strengths and

Related Papers

The Impact Of Technology Transfers On The Least Developed Countries

1586 words - 7 pages PREPARED BY : SHAKILA BINTI KHAMIS TITLE : THE IMPACT OF TECHNOLOGY TRANSFERS ON THE LEAST DEVELOPED COUNTRIES 1.0 INTRODUCTION Globalization can be defined in different perspectives but it is still in the same context. One might define globalization as an interaction of economics development and societies covering every region of the world. Globalization can be said as a bridge that connects technology, economic, political and

Globalization Essay 663 Words

663 words - 3 pages two aspects. The first refers to those factors - such as trade, investment, technology, cross-border production systems, flows of information and communication - which bring societies and citizens closer together. The second refers to policies and institutions, such as trade and capital market liberalization, international standards for labour, the environment, corporate behaviour and other issues, agreements on intellectual property rights, and

Essay Globalization

528 words - 3 pages Zhe Xu GRAD VI/A Jan 25, 2011 Globalization Globalization is a process that integrates diverse economies, cultures and societies through connection. It was first mentioned in 1951. Merriam-Webster’s dictionary defines “globalization” as “the act or process of globalizing; especially the development of an increasingly integrated global economy marked by free trade, free flow of capital, and the tapping of cheaper foreign labor markets

Phl/215 Philosophy Matrix Essay

1017 words - 5 pages and imports among countries. (2002) It is over a comparative history. It have to be a history of affairs involving persons and customs, as well as people who belong to quite a lot of diverse cultures all together or who shift among diverse identities, modes of speech, home nations, and even nationalities. Characteristics of Globalization Globalization, has acquired considerable emotive force. Globalization has its own meaning from different