Globalization of Yesterday and Today

461 WordsFeb 21, 20182 Pages
Globalization deepest roots can be found in evolutionary and social psychology ‘group psychology’; that is; humans are genetically wired to maximize their and offspring’s survival by expanding the knowledge of their surrounding and cooperation with others. However, this perhaps is beyond the realm of modern understanding of globalization. Nonetheless, it may explain why globalization comes to existence? Globalization can be traced back to the industrial revolution and consequent innovations have enabled people to connect easier, thus some features of globalization have emerged since (Steger; 2003), for example steam engine, combustion engine and electrical power etc. although globalization has undergone several historical phases, its important substantiation appeared in post-colonial era in the 20th century, marked by the formation of supranational organisations. The term Globalization has emerged more prominently in the 1990s, but the concept of globalization and references thereto are not entirely new and it has been frequently associated with interdependency (Keohane; 2000). However, the distinction between the two terms is that interdependence is a condition, whereas globalization is a process. This implies that globalization is in a developmental state rather a comprehensive term. For instance, two states can be interdependent economically or militarily with reciprocal effect, but hardly called globalized e.g. Australia and USA. Globalization today is not
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