Costales, LPT, MBA Globalization refers to the process by which more people across large distance become connected in more and different ways. The meaning of Globalization to different people • To a Korean Pentecostal missionary, it means a new opportunity to spread the faith and convert lost soul abroad. • To Dominican immigrant in the United States, it means growing new roots while staying deeply involved in the home village. • To Indian television viewer, it means sampling a variety of new shows, some adapted from foreign formats. • To a Chinese apparel worker, it means a chance to escape rural poverty by cutting threads off designer jeans. Add a Slide Title - 1 •To an American shoe company executive, it means managing a far-flung supply chain to get products to stores. • To a Filipino global justice advocate, it means rules of the global game that favor the rich North over the poor South. Theories of Globalization 1. World system Theory – A perspective that globalization is essentially the expansion of the capitalist system around the globe. • Marx was writing in the mid-nineteenth century, the world has becoming unified via thickening networks of communications and economic exchange. Ad • A world economy, guided by liberal philosophy dwith aS lideaspirations, Title - 1provided the framework global for a single world that since has grown more integrated and standardized. 2. World Polity theory
Is the theoretical perspective, state
remains an important component of world society, but primarily attention goes to the global cultural and organization environment in which states are embedded. This perspective agrees that world culture is indeed new and important, but it is less homogeneous that world polity scholars imply. Globalization is a process of relativization. Societies must make sense of themselves in relation to a larger system of societies, while 2in.dW ivido uralld smCaukletusere thoef othreymselves in nse relation to a sense of humanity as a larger whole. THANK YOU!!!