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Introduction To Globalization: G-SOCS003 BFS12 2nd Sem (2023-2024)
Introduction To Globalization: G-SOCS003 BFS12 2nd Sem (2023-2024)
Globalization defined
Let’s analyze the definitions above by showing them on the table below.
On the one hand, the terms on the left column all signify a process, a
historical process. Globalization, then, is an on-going event, which started
in the past, happening at present, and will continue to happen in the future.
Friedman (2007) claims that globalization has three eras, namely:
globalization 1.0 (1492-1800), globalization 2.0 (1800-2000), and
globalization 3.0 (from 2000). (Friedman’s book was originally published in
2005. With the unimaginable speed of technological transformation, we can
only imagine that we are now living in the age of globalization 4.0 or 5.0.)
On the other hand, the terms on the right column refer to the relations,
conditions, or activities being transformed by various developments in the
world. These are social relations, world communication and world market, and
world consciousness. Here, we see that globalization as a historical process
has multiple dimensions, namely: political and economic (world communication
and world market); social (social relations and transactions), and cultural
(consciousness of the world).
Now, based on our analysis above, we can come up with a synthesis of the
definitions of globalization, thus: