This essay will explore the phenomenon of Bollywood and analyze it as a product of consumerism in India that reflects both the fault lines of globalization and the failures of commercial culture. This will be done by providing a historical context to globalization; an overview of India’s independence movement and emergence as a nation, a brief overview of Bollywood as a commercial entity and identify parallel cultural and economic trends. This essay will proceed to reveal Bollywood as an imposition of Western culture, the product of an intense commercialization of indigenous art forms, and a lens that reflects the dualities in Modern day India. Globalization is a term to describe the increasing wave of globalized markets and the institutions and regimes that uniformly determine access to such markets; namely privatization, free flow of capital, deregulation and foreign investment rights. India currently stands as the world’s largest democracy; a parliamentary system inherited from the British Commonwealth tradition where approximately 700 million citizens enjoy enfranchisement. The fault lines of India’s democracy run parallel with the country’s economic divisions; a profound disparity of wealth is widespread. The large class divisions in Indian society, rooted in the traditional caste system, exacerbated and exploited during the colonial era, have been further entrenched with the rise of Globalization. India’s cultural and religious fabric is a complex and often
Globalization is the process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Globalization is simply the interactions of different countries throughout the world. International Trade as previously defined is the exchange of capital, goods, and services across international borders or territories, which could involve the activities of the government and individual. International Trade and Globalization go hand in hand. Both of these two are usually very beneficial to businesses such as
"Globalization" is a term that came into popular usage in the 1980 's to describe the increased movement of people, knowledge and ideas, and goods and money across national borders that has led to increased interconnectedness among the world 's populations, economically, politically, socially and culturally. Although globalization is often thought of in economic terms (i.e., "the global marketplace"), this process has many social and political implications as well. Many in local communities associate globalization with modernization (i.e., the transformation of "traditional" societies into "Western" industrialized ones). At the global level, globalization is thought of in terms of the challenges it poses to the role of governments in international affairs and the global economy
Globalization is an appealing concept that has many various interpretations and definitions. Globalization is the expanding connectivity and interconnectedness between diverse geographic nations to increase the efficiency of providing goods, enhancing relationships of cultures, economics, and technology to state
Globalization is a concept with a variety of meanings making it quite confusing. The concept includes a wide variety of events as well as aspects of personal and social life. However, some scholars have attempted to offer some definitions of this concept: It has been defined as the increasing unification in the economic order of the world via the reduction of barriers to free international trade like tariffs, import quotas, and export fees. Globalization describes the process in which regional economies, cultures, and societies have become integrated via transportation, communication, and trade (Croucher 10). It is closely associated with economic globalization, which is “the process by which markets and production in different countries
Over the years, Bollywood has emerged as its own distinct identity in the global Film industry. Bollywood is the global leader in production of movies with a staggering 27,000 featured films and thousands of short films. ( Pillania 1) However, Hollywood is still the leader in revenues generated. Due to the growth of the Indian market and globalization, Bollywood has made its way to the international markets. Globalization is often misrepresented as the growing influence of the western culture in the world and so we tend to state that Hollywood is influencing Bollywood to a great extent. An argument can be made to justify the validity of that statement. However, this paper aims at presenting the influence of Bollywood on Hollywood in
Globalization is the process of the world becoming better communicated, which promotes the adoption of common cultural aspects, the international exchange of goods and services, and foreign investments, thus creating a global market and encouraging division of labor.
Globalization is a process in which barriers (physical, political, economic, cultural) separating different regions of the world are reduced or removed (removal of barriers is called liberalization), thereby stimulating exchanges in goods, services, money, and people. As these exchanges grow, nations and the businesses involved, become increasingly integrated and interdependent, promoting mutual reliance between countries. ⁵
Globalization is a quickly developing incorporation of economies and societies around the globe, leading to rising connectivity, combination and interdependence in the social, technological, economical, and political spheres. It is comprised of growing mobility of products, services, capital, labor and technology. Primary forces spearheading globalization are the loosening of markets
While discussing the topics of trade, development and political economy, globalization is often discussed. In general, globalization means a process in which world economies become highly integrated, leading to a global economy and highly global economic policymaking, through international agencies such as the World Trade Organization (Todaro & Smith, 2006).
Globalization can be defined as the process by which businesses or other organizations develop international influence or start operating on an international scale. In simpler terms this means globalization is the trend of increasing interaction with people on worldwide scale due to advances in transportation, communication and technology.
Globalization, in the economic sense, refers to the cross border transactions of goods and services between different countries across the globe through the elimination of trade barriers. However, globalization is not limited to only its economic sense.
Globalization is defined as “The worldwide movement toward economic, financial, trade, and communications integration” by the Business Dictionary. In the past couple of years this word has been everywhere. Globalization has been the center of talk in a bunch of business and social subjects, whether you knew it or not. I say this because the effects of Globalization is everywhere in our daily lives. Some examples of this would be when you contact a friend from overseas by a press of an app or the login of an online profile. Or when you buy clothes from a company based in Spain, whose cloths are made in turkey. Globalization even affects your ability to get certain fruits and vegetables year round even though you should technically only be
World’s largest democracy, an emerging economy and on the race to become a regional/global superpower: India has come a long way in the past few decades. Despite the evident threats of bankruptcy, caste politics and Hindu Nationalism, India is a great example of unity in diversity and ‘a beacon of high-tech modernity’. (Corbridge et al, 2013). However, it can be said that India is stuck between a prodigious need for cultural renaissance and the banes of class politics. (Pradhan et al, 2105: 12). The caste system in India is intricately correlated to class stratification and this is of immense political value in India as class and caste differences shape the politics in India till a great extent. In this essay, I will begin by talking about the association between class and caste, as this is an important aspect in order to understand how these issues shape the politics of India. Further on, I will talk about the gradual emergence of classes over the period of time and their influence on politics, beginning with colonial period and concluding with the modern India. I will then attempt to display the crucial role played by the classes during the 2014 elections. The essay will then discuss how the Indian middle-class contributes to shaping the politics of India. I will then go on to write about the other classes and their influence over politics. To conclude, I will talk about how class is just one of the innumerable other factors contributing to the politics in India.
Many often hear the term, but do not quite know what it means. Globalization is a modern term that is used to define a longstanding process. It is a process that basically connects people all over the world, with people all over the world. More formally defined by National Geographic, “globalization results in the expansion of international cultural, economic, and political activities. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar.” (2015) Globalization has allowed citizens from all walks to life to achieve some form of communication with friends, family, and colleagues, all across the globe. As we watch technology rapidly advance, this becomes easier and easier. Although this seems like a positive position, it has actually opened up doors to situations that are progressively problematic, such as Global Warming.
Globalization refers to the tendency of firms to extend their sales or manufacturing to new markets abroad. For businesses everywhere, the rate of globalization in the past few years has been nothing short of phenomenal.