1st Lesson

Contemporary World incorporates the disciplines of Political Science, Sociology, History, and
Economics.

GLOBALIZATION
According to Martin Bauman, the most important change in the last century is Globalization.
We now live in the “Global Age”.

What is Globalization?
Two opposing answers. One says it is beneficial to mankind. Another group says it is
destructive (colonialism, regression, and destabilization).
Two approaches in defining Globalization: broad and narrow.
Example:
Broad
Globalization is the onset of the borderless world.
Globalization is the process of world shrinkage, of distances getting shorter, things moving
closer. It pertains to the increasing ease with which somebody on one side of the world can
interact, to mutual benefit with somebody on the other side of the world.
Narrow
The characteristics of the globalization trend include the internationalizing of production, the
new international division of labor, new migratory movements from South to North, and the
internalizing of the state…..
The transplanetary process or a set of processes involving the increasing liquidity and the
growing multidirectional flows of people, objects, places, and information as well as the
structures they encounter and create that are barriers to, or expedite, those flows
Some Other Definitions of Globalization:
“It represents the triumph of a capitalist world economy tied together by a global division of
labour.”
“…all those processes by which the peoples of the world are incorporated into a single world
society.”
“It can thus be defined as the intensification of worldwide social relations which link distant
localities in such a way that local happenings are shaped by events occurring many miles away
and vice-versa.”
“Globalization is what we in the Third World have for several centuries called colonization.”
“It is nothing but ‘recolonisation’ in a new garb.”