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The Contemporary World: Globalization Theories - Emergence of Globalization
The Contemporary World: Globalization Theories - Emergence of Globalization
The Contemporary World: Globalization Theories - Emergence of Globalization
1. WORLD-SYTEM THEORY – A perspective that globalization is essentially the expansion of capitalist system around the
globe. At the time Marx was writing in the mid-nineteenth century, the world was becoming unified via thickening networks
of communication and economic exchange.
Peripheral: Peripheral countries are dependent on core countries for capital and have underdeveloped industry.
Core: Describes dominant capitalist countries which exploit the peripheral countries for labor and raw materials.
Semi-peripheral: Countries that share characteristics of both core and periphery countries.
2. WORLD POLITY THEORY – A theoretical perspective that state remains an important component of world society, but
primary attention goes to the global cultural and organization environment in which states are embedded.
3.. WORLD CULTURE THEORY – This perspective agrees that world culture is indeed new and important, but it is less
https://www.politicalsciencenotes.com/articles/8-theories-of-globalization-explained/642
1. THEORY OF LIBERALISM
Liberalism sees the process of globalization as market-led extension of
modernization. At the most elementary level, it is a result of ‘natural’
human desires for economic welfare and political liberty. As such, trans-
planetary connectivity is derived from human drives to maximize
material well-being and to exercise basic freedoms. These forces
eventually interlink humanity across the planet.
Biological sex is held to mould the overall social order and shape
significantly the course of history, presently Globality. Their main
concern lies behind the status of women, particularly their
structural subordination to men. Women have tended to be
marginalized, silenced and violated in global communication.
7. THEORY OF TRANSFORMATIONALISM
This theory has been expounded by David Held and his colleagues.
Accordingly, the term ‘globalization’ reflects increased
interconnectedness in political, economic and cultural matters across the
world creating a “shared social space”. Given this interconnectedness,
globalization may be defined as “a process (or set of processes) which
embodies a transformation in the spatial organization of social relations
and transactions, expressed in transcontinental or interregional flows and
networks of activity, interaction and power.”
is a conceptual approach that does not hold rigidly to a single paradigm or set of
assumptions, but instead draws upon multiple theories, styles, or ideas to gain
complementary insights into a subject, or applies different theories in particular cases.
Earlier nationalism promoted territorialism, capitalism, and statism, now these plural identities
are feeding more and more Globality, hyper-capitalism and polycentrism. These identities
have many international qualities visualized in global diasporas and other group affiliations
based on age, class, gender, race, religious faith and sexual orientations. Many forms of
supra-territorial solidarities are appearing through globalization.
GLOBALIZATION THEORIES
All theories of globalization have been put hereunder in eight categories
and Each one of them carries several variations.
https://www.politicalsciencenotes.com/articles/8-theories-of-
globalization-explained/642
HISTORY OF GLOBALIZATION
- “Globalization is innate”