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The Role Of Globalization In Society

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‘Globalization is the emergence of a complex web of interconnectedness’ (Heywood, 2011), a central feature of Globalization is determining that there is a decline in the importance of geographical limits and territorial borders. The concept of a borderless economy, widespread integration of different cultures, religions, ethnicity and nationality around the world is contributing to the idea of a Global Society, which, in turn, brings us to the question of globalization being inevitable or irreversible.

Globalization can be studied through three different aspects: Political, economical and cultural. It is important to realize that globalization is not a new phenomenon; it is a concept that has been around for many centuries. The Silk Route …show more content…

Up until a few decades past, globalization could perhaps be reversible and evitable as the growth of consumer culture could have been curtailed and contained. Consumer culture can be linked to the escalation in MNC’s and TNC’s which monopolize the global economy aiding to the conundrum of the widening class divide and unjustified distribution of wealth within and between …show more content…

The question is of utmost importance due to the fact that if the effects of globalization have not reached certain regions or areas of the world, then indeed, it will be easier to start the process of reversing globalization. ‘While the developing world as a whole is becoming internationally more integrated, the level and pace of integration vary widely across countries’ (Qureshi, 1996). However, even if access to the full effects of globalization is not felt everywhere, the awareness to the concept, phenomenon, policy and process of globalization is widespread and has reached almost all strata’s of societies. Awareness of globalization enforces the reality that globalization has become an irrefutable truth, and perhaps it can be contained and re-shaped to fulfill specific needs, but cannot be entirely reversed or be

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Benjamin Barber essay “Overselling Capitalism with Consumerism”, depicts the contrast between capitalism with consumerism. Barber describes the change from capitalism to consumerism by outlining how capitalism should be versus how its now effects on society and the impact of consumerism on people. One of the issues with capitalism is that there are such numerous items being mass-created which we don't genuinely require, but the buyer is being continuously conditioned by advertisers to believe we are flawed without them. Barber states that “Capitalism is stymied, courting long-term disaster” (23). Which can be explained by the American youth of today cannot go a day deprived of technology, while in over parts of the world are struggling to live

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The increasing number of consumers pushes the globalization to develop faster and bring up more benefit to human’s life. The article “If poor Get Richer, Does World See Progress”, points out a phenomenon that two-wheel mode of transportation will have been kicked off the main thoroughfares. Under the global financial crisis, this appearance leads to a question and analysis on why would that happened. Generally, this was caused by increasing consumer’s class and developing globalization. In the modern life, globalization has become a fashion trend through the whole world and also contribute a way that is global communication.

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Globalization is the inclusion of the differents values socio-cultural and economic local from one country to another, through their relationships exchanged a series of products and knowledge that extend and increase their ideological and economic situation. Globalization is beneficial for businesses of Colombians. As well as has influenced in areas as the social, economic, cultural, political, technological and educational in our country, globalization has ventured into the business of Colombians to favor or disfavor wholesale sales. Globalization has been a transition process started from the time of conquest and colonization, this exchange of cultural contracted a new market with mobility and trade of products and goods which over time did not stop there, but rather it was intensified and point greater flowed recognition from the

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Very few books in the history of economic thought still render an accurate portrayal of society today. Written 115 years ago, Thorstein Veblen’s The Theory of the Social Class (1899) describes a materialistic society obsessed with reputation and social status, echoing a portrayal of the modern capitalistic consumer culture that defines us today. As Roger Mason (1998), professor of consumer theory states: “Consuming for status has, in fact, become a defining element of the new consumer societies” (p.vii). In his treatise, Veblen’s discusses such a society, in order to portray the ‘leisure class’, the 19th century society that characterized the upper class that formed as a consequence of the Second Industrial Revolution. Such a society uses the consumption of goods and leisure as means of climbing up the social ladder.

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3. Globalization Throughout the last decades, globalization became a real phenomenon, but history tells us that it is actually not a new social, historical phenomena, but has, under different names and manifestations, been with us for a long time. It is actually not only the continuation of the liberalization of international trade, which began in the mid-19th century with the launch of cross-border trade over long distances and later with intensive large-scale mobility of labor and capital. During capitalism, globalization has amplified due to the lust for profit, which is driven by capitalists across the globe. Indeed, globalization has significantly strengthened ever since.

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“How does 21st century globalization differ from 20th century globalization?” Globalization heavily implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. It also occasionally discusses the less common dimensions of globalization, such as environmental globalization or military globalization . Those dimensions, however, receive much less attention the three described above, as academic literature commonly subdivides globalization into three major areas which are economic globalization, cultural globalization and political globalization. The evolution of globalization is still open for debate according to some scholar’s dates back to Ice Age when people used to travel in search of food, trade and security.

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