Globalization is the process in which a world-wide circulation of goods, ideas, and people takes place. Historically, there were two periods of profound expansion, the 15th and 16th century and 20th and 21st century. In both cases, these eras of globalization were preceded by periods of enriched thinking, sharing, and scientific revolutions. The renaissance is a prime example of an era when ideas and knowledge flourished and spread throughout Europe. This newfound age of discovery resulted in global territorial and population alterations. The renaissance spurred the discoveries of land and resources and their subsequent importance in achieving objective of western supremacy. Consequently, a wave of innovation assembled new navigational techniques and stimulated the mass manufacture of ships. The first glimpse of globalization, was the driving forces of “serving God, the King and also to get rich” and the centers were Spain and Portugal followed by the Netherlands and England (Strayer pg.621). During the 15th century, empires expanded, commerce thrived and ideas were nourished. The Industrial Revolution took old and western nations began a new round of empire building in Asia and Africa, that global network tightened further, and its role as generator of social and cultural change only increased. (Of the 19th century spurred the technological advances of communication and transportation which disbanded the barriers of distance and time.) Moving into the 20th century,
When it comes to globalization, everyone may have a different vision of it’s outcome. For Marcelo Gleiser, the author of “Globalization: Two visions of the Future of Humanity”, a completely globalized world may result in a dystopia. In contrast, Jeffrey Wasserstrom, the author of “A Mickey Mouse Approach to Globalization” and Tanveer Ali, the creator of “The Subway Falafel Sandwich and the Americanization of Ethnic Food” may think of globalization as other cultures sharing each other’s components to interact on a new level and spurring a more “open-minded” (Ali 27) individual.
The age of globalization began in the 17th century when different parts of the world came in contact with one another by establishing trade relations. While globalization connected different parts of the world, it also gave rise to capitalism. The events leading up to globalization and in turn, capitalism, are interpreted differently by historians such as Timothy Brook, in his book Vermeer’s Hat and by Greg Grandin, in his book Empire of Necessity. This essay focuses on the interpretations of globalization and capitalism by these authors and discusses the impacts of capitalism between the 17th and 19th century. Brook argues that rise of global capitalism initiated through the movement and transculturation of products, people and ideas
One of the consistent themes of history has been the increasing connectedness of humankind. From the first river-valley civilizations to today’s intertwined world, one of the hallmarks of the past — and one that continues to this day — has been increased globalization. While the 20th century represented one of the greatest advancements in human interaction, it was not a wholly new event. Examples of globalization can be seen throughout history, like in the movement of pastoralists, Indian Ocean trade, and the Columbian Exchange.
Brune, Nancy, and Geoffrey Garrett. "THE GLOBALIZATION RORSCHACH TEST: International Economic Integration, Inequality, and the Role of Government." Annual Review of Political Science 8.1 (2005): 399-423. Web.
Throughout the sixteenth, seventeenth, and eighteenth centuries, the world witnessed a global expansion as well as a compaction of people, cultures, and ideas. The need for goods, as well as the process of mercantilism to inflate economies, was instrumental in the advancement of seafaring technologies, the need to spread religion, and the eventual globalization of the slave market. The four major regions in the world, which were the stepping stones of globalization, are Africa, Southeast Asia and the Indian Ocean, the Americas, and finally East Asia.
The multidimensional nature of globalization impacts citizens of the world in many ways. This study will focus specifically on the effects of globalization on higher education with particular emphasis on the rural community college and the employers served by this segment of the American education system.
Based on Sparke’s textbook, Globalization can be defined as “the extension, acceleration, and intensification of consequential worldwide global interconnections.” This is what he refers to as “little g” globalization. These global interconnections reveal the ties and tensions of globalization. There is also “big G” globalization which is what Sparke calls using globalization as a buzzword in a political context. A big part of globalization is commodities and commodity chains. A commodity can be simply defined as anything that is bought or sold while a commodity chain is the production process that produces these commodities. Understanding commodities and commodity chains is important to be able to understand globalization. One example of how commodities demonstrate globalization is outsourcing and offshoring. By doing this, companies bring their companies overseas which means that they are interconnected with other parts of the world. Understanding commodity chains can also allow you to understand the ties and tensions. I decided to focus on the apparel industry and the commodity of a piece of clothing. This commodity shows some of the tensions related to labor, like constantly searching for the cheapest labor, and tensions related to the environment, like pollution from the clothing industry. A piece of clothing also shows ties through, for instance, in which countries clothes are produced and to which countries they are being exported to. The article "Indian Textile and
The world we know today wouldn’t have been possible without globalization which is the ever-increasing interaction of people through economic and cultural exchange. We can use the internet to make online transactions to buy goods from overseas that ship across the water on large cargo ships or on airplanes. Vehicular transportation has caused us to be able to travel to any place in very little time. Cellphones have evolved all the way from the telegraph to allow us to make calls to neighboring countries. During the Age of Exploration, many European countries discovered parts of the world they have never existed throughout Asia and the Americas and with them they brought their influence, culture, and the desire to establish business by trade.
There is controversy over when globalization began because there is no crystal clear start to globalization. Some people believe that globalization started when the Buddhist leader Chandragupta combined aspects of trade, religion, and military to create a protected trading area. Others believe that globalization began under Genghis Khan’s rule. The Mongolian warrior-ruler created an empire that had trade integrated into it. There are also some experts that believe that the rise of globalization was linked to 1492, the year Christopher Columbus made his first trip to the New World.
If we want to fully understand the importance of globalization and its effects on the world’s economy and society now and its potential for the future, it is vital that we study its past and how it has originated. The history of Globalization is broad and diverse therefore it is only possible to outline some of the main areas. Globalization isn’t just a modern day phenomenon. Trading activities date from the very earliest of civilizations, but it was the Middle Ages in Europe that initiated systematic cross-border trading operations carried out by institutions of a private corporate nature. By the end of the 14th century it is estimated that there were as many as 150 Italian banking companies already operating multinationally. (Dunning, 1993) This is not exactly globalization, it is however international trade. International trade is one of the main concepts behind globalization.
Globalization is the proximate and multidimensional set of political, economic, social, and technological integration around the globe. The increasing interconnectedness among countries can be seen through the prism of globalization. Essentially, the lives of people living in distant cities like Bangalore and Silicon Valley are brought closer as a result of this phenomenon. Drivers of this adjacent include; the expansion of trade, technological exchange, labor movement and investments (Stearns 2017). The discourse of globalization encompasses several multidisciplinary themes. The paper, however, concentrates on the economic factors, “which, entails the closer economic integration of countries of the world through increased flow of goods, services, capital and even labor.” (Stiglitz 2007: 4). The paper focuses on economic globalization and elucidates whether the globalization has reduced poverty and inequality or had reproduced the reversed implications. Meanwhile, the paper reveals if the developing world has benefited from the set. This seems to be the central question that policymakers, development economists, and politicians have been grappling with for years. The paper is presented in three parts. Part one reflects on the historical context of the problem statement. The second part compiles literature and juxtaposes with cases to corroborate the globalization-poverty-inequality triangle. Finally, the conclusion represents the author’s viewpoint on the
The rise of globalization following WWII generated three important factors that define today’s world. McNeill and McNeill agree with Pollard, Rosenberg, and Tignor that multiple economic changes, such as the creation of financial institutions like the International Monetary Fund (IMF) contributed to the globalization of the world economy. Carter and Warren further this argument by claiming that globalization has caused shifts in the modern economy, namely the rise of Asian economic powers. However, all three historians agree that the rise of globalization goes hand in hand with the rise of inequality in today’s world. Gaps in power, wealth, and access to information have only widened due to the trend of globalization. The final key factor defining our world today are the ongoing processes affecting development countries. McNeill and McNeill argue similarly to Carter and Warren that the end of imperialism generated new nations who quickly realized the free market was a pathway to stability. However, Pollard et al. and McNeill and McNeill place importance on financial institutions like the IMF forcing developing nations to reform their economies to be subservient to the world’s economy. Together, these historians argue that the trend of globalization following WWII caused factors like the modern global economy, the rise in inequality, and the development of new, decolonized nations to be key determiners in the world today.
There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.
Globalization is important to understand in order to determine what worked in the past and can be successful again in the future. Our many cultures, ideals and growing technology form together to create an extremely global world. We use products that were made on the other side of the world, and are taxed on practically everything. Whether the effects of our global society is good or bad, there’s no doubt that the world is constantly changing and impacting our livelihoods, so we must adapt accordingly in order to succeed.
Economic globalization has become the most important feature and a general trend of present world economic development. Globalization is a phenomenon and also a process of development of mankind and human society (Hamilton, 2008). It is the essential feature of the modern age. Globalization is the cross-border flows of capital and goods, including capital, labour, technology and natural resources (Bożyk, Misala & Puławski, 2002). Economic globalization is a historical process, and the germination of it could date back to the 16th century. After the industrial revolution, capitalist commodity economy, modern industry and transportation have been developing rapidly. The world market was fast expanded and the foreign trade was