The Impact Of Globalisation From A Globalist Perspective

The issue of globalization for the people of the United States has been a long and terrifying problem for them. Although other countries many have had issues with this problem it appears the U.S. is still being affected by it to this day. Although not everyone in the United States may have been affected by the issue. Majority of the people (mid class and lower class) have somehow been affected by it or knows someone that has been affect because of it. This issue of globalization has been talked about by politicians so it appears it had to been a major impact to the country. Thus, this issue of globalization has been an issue for the United States for a long-time way before the twentieth centuries. Therefore, this paper will discuss what is globalization and how it has impacted Americans views and how some people’s views changed because of it and finally, what is the impact of communications technology. All these key topics will help with getting a better understanding of what these issue is and how it has affected society today.

I believe globalization is somewhere in between of having a positive or negative impact on the world. Just like the old saying “too much of a good thing can be bad for you” the key to everything in life is balance and excess might harm you. Furthermore, both sides of globalization have compelling arguments on the positive and negative effects of globalization, furthermore different countries and cultures would have different opinions in regards to how they have been affected by globalization. In this assignment I will look at the positive and negative views of globalization to further prove that globalization ultimately falls somewhere in between as being positive or negative.

Over the course of history, domestic politics have been shaped by international forces. Forces like war and trade; empire and colonies; migration and the spread of ideas. Globalization and Neoliberalism plays an important role in impacting politics in all states. “Globalization is a system in which human beings are no longer part of isolated communities that are linked through narrow channels of diplomatic relations of trade”(O’Neil,2017, pg.346). Globalization creates a division between international relations and domestic politics. When globalization makes a distinction, then the aspects of domestic politics are controlled by global forces. Globalization changes the  institutions of economics, politics, and society. The institutions are measure by space and time of social norms, culture, boundaries. The boundaries create a local identity and control (particularly-“state, religion, or set of cultural values holds sway over the land and here but not there.”)(O’Neil, 2015, pg.348).  Furthermore, political isolation becomes impossible to happen.

Today globalization is essentially a synonym for global business. Globalization is changing the world we live in at a very increasingly rapid pace (Rodrik., 1997). Changes in technology, communication, and transportation are opening up borders and markets at increasing rates. In any large city in any country, Japanese cars ply the streets, a mobile call can be enough to buy equities from a stock exchange half a world away, local businesses could not function without U.S. computers, and foreign multinationals have taken over large segments of service industries. Impact of Globalisation, both theoretically and practically, can be observed in different economic, social, cultural, political, financial, and

To what extent is our understanding of economic globalisation challenged or expanded by analysing the lived experience of global processes.

‘The term global city alludes to power, sophistication, leadership, wealth, influence and global interconnectedness. To be called a global city means that activities and ideas stemming from the city have the ability to shape the world.’ (Sydney - Australia's Global City, 2010)

Globalization is the rapidly developing process of complex interconnections between societies, cultures, institutions and individuals world-wide (Tomlinson, 1997). The term “globalization” often became used since the second half of the 1980s with the radical increase of foreign direct investment by MNCs. This phenomenon was facilitated by the triumph of market-oriented economic ideology represented as deregulation, privatization, and a decreased role for the state in the economy over communism in collapsing of the Soviet Union (Gilpin, 2001). Since then, there is a widespread acknowledge that increasing global interconnection results in cultural standardization and homogeneity driven by Americanism or Westernization, which may have been regarded

Globalisation is the complex of processes that result in an increase in the interconnection of state through economy, politics and culture. Globalisation and increased state interconnectedness have been present since the late 1940s until today. Globalisation through the ages is seen through the Long Boom, the world wide recessions, neoliberal revival and neoliberal hegemony (Cerny, Menz and Soederberg, 2005: 7/8).

In these two article globalization and the increase of globalism is described in two very different ways. Waltz arguing from a realist’s perspective; that the politics of the state is ultimately affected within globalization. R.O.keohane and J.S.Nye Jr express a liberal opinion, arguing the many different factors that affect the increase in globalism.

The concept of globalization is a complex and peculiar one, failing to be definable by a single, precise definition. Centrally, globalization involves information and goods being exchanged amongst different countries. These interactions and interchanges among countries globally over time is due to an increase in communication and transport networks. Globalization is often divided into three main areas being economic globalization, cultural globalization and political globalization. All three are vital areas to one’s life and globalization is said to have a large impact on each. Although globalization is controversial in the aspect that it cannot be declared just how much of an influence the notion has in the world. Political scientists such as Muhammad Ijaz Latif, Anton Pelinka and Martin Wolf all discuss this issue in their respective pieces as well as differing aspects of globalization such as the role the European Union plays in relation to globalization, the different perspectives of globalization and the challenges of the nation-state in regards to globalization.

In this essay I will give a detailed explanation of what sociologists mean by the term ‘globalisation’ and how they have tried to explain it.

How can globalisation be defined? Defining the word “globalisation” can be an arduous task taking into account that is a word used by many people. Objectively, it can be described as the increasing interdepence and communication between the different countries all around the world that affects both the economy, the society, politics and technology among many others. Globalisation usually takes place in capitalist countries. At the begining, this phenomenon was considered only in the field of economics but currently it involves much more. Since this process started it has had different consequences and people have come out for and against globalisation. The consequences can be divided into positive and negative within these into economics and socio-cultural divisions. It is certain that globalisation must provide the society with more benefits than drawbacks.

Globalisation is the process of the world becoming increasingly integrated economically. China has implemented several strategies to promote economic growth and development in response to globalisation which are Free Trade Agreements (FTAs), the ‘open door policy’ and the liberalisation of capital accounts. Free Trade Agreements through trade of goods and services, the ‘open door policy’ by encourage investment from Transnational Corporation (TNCs) and Capital Account Liberalisation has been implemented to promote economic growth and development These three strategies have resulted in positive and negative influences on China’s promotion of economic growth and development in response to globalisation.

Aspects of Globalisation The Organisation for Economic Cooperation and Development (OECD) defined globalisation as, 'The geographical dispersion of industrial and service activities (for example, research and development, sourcing of inputs, production and distribution and the cross border networking of companies (for example through joint ventures and the sharing of assets) Economic activity is becoming organised on a global scale giving a new international division of labour, with production, investment patterns and movements and technology transfers all becoming global. In this strategy, activities are established in many sites spread over the world, based on a country's comparative

Globalisation is the process of interconnectedness and the integration of national and regional culture, economies, and society through the global network of communication, immigration, transportation and trade (Financial Times Lexicon, 2017). According to Reiche (2014), globalisation did not mean much in the past fifty years. It could be primarily focused on the trade and also foreign direct investment which are the economic side of the world but it has been expanded to a broader range which including media, culture, technology, trades and political factors nowadays. Although globalisation is considered as a wide range nowadays, it still can be classified as four main characteristics which are stretched social relations, intensification of flows, increasing interpenetration, and global infrastructure (Held, 2004). However, cultural imperialism has the most typical impacts on globalisation. This essay will define and explain cultural imperialism and its impact from the pessimistic globalist and transformationalist perspective.