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GLOBALIZATION
GLOBALIZATION
GLOBALIZATION
Defining Globalization
These are interconnections that mean that what happens “here” (like you buying
and reading a book) affects things over “there” (like the logging of trees in
faraway forests).
Sociologists and anthropologists usually refer to globalization as the broad-scale
changes and transformations that have resulted from the impact of
industrialization and the emergence of an interconnected global economy,
with the spread of a.) capital, b.) labor (migration), and c.) technology across
national borders.
Anthropologist Arjun Appadurai mentioned that different kinds of globalization
occur on multiple and intersecting dimensions of integration that he calls “scapes.”
There are multiple globalizations, according to Appadurai.
Example: Stock markets - When one stock market has a decline, it affects
other markets negatively as well as the economy as a whole.
Economic globalization - Refers to the increasing integration of national
economies worldwide (trade and financial flows). It involves trade in goods and
services, capital flows and trade in assets (ex. currency), the transfer of
technology and ideas, and international flows of labor (migration).
Example: United Nations (UN) and the World Health Organization (WHO)
Informational globalization – Increase in information flows between geographically
remote locations. This can also be seen as a technological change related to the
advent of undersea cables, fiber optic communications, satellites, and
increased availability of the internet.
Cultural globalization – Sharing of ideas, attitudes, and values across national
borders. This sharing generally leads to an interconnectedness and interaction
between peoples of diverse cultures and ways of life.
Mass media and communication technologies are the primary instruments for
cultural globalization.
Study the following events in the succeeding tables and decide which of the
following aspects of globalization the event illustrates: financial, industrial,
economic, informational, cultural or political. The first one has been done
as an example.
Event Aspect/s of Globalization