Three Major Schools of Thoughts

3201 Words Nov 24th, 2010 13 Pages

The three major schools of thought surrounding the phenomenon of globalisation are Hyperglobalizers, Sceptics and Transformationalists.

Hyperglobalizers argues that Globalisation is here to stay. “Today’s global economy is genuinely borderless. Information, capital and innovation flow all over the world at top speed, enabled by technology and fuelled by consumers’ desires for access to the best and least expensive products”. (K. Ohmae, 1995)

The main arguments put forward by Hyperglobalizers is that it is a new era, it is essentially an economic phenomenon, that the global marketplace rules supreme and that it brings denationalisation of economies through transnational networks of production, trade and finance.

Hyperglobalizers are
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Individualism is Societies in which the ties between individuals are loose: everyone is expected to look after himself or herself and his or her immediate family.

In individualistic cultures people are expected to portray themselves as individuals, who seek to accomplish individual goals and needs.

Collectivism is Societies in which people from birth onwards are integrated into strong, cohesive ingroups, which throughout people’s lifetime continue to protect them in exchange for unquestioning loyalty.

In collectivistic cultures, people have greater emphasis on the welfare of the entire group to which the individual belongs, where individual wants, needs and dreams are often set aside for the common good.

Masculinity is Societies in which social gender roles are clearly distinct and Femininity is Societies in which gender roles overlap, for example when both men and women are supposed to be modest, tender and concerned with the quality of life.

These values concern the extent on emphasis on masculine work related goals and assertiveness as opposed to more personal and humanistic goals. The first set of goals is usually described as masculine, whereas the latter is described as feminine. These goals and values can describe how people are motivated in cultures.

Uncertainty Avoidance is the extent to which the members of a culture feel threatened by uncertain or unknown situations. It is also referring to a lack of
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