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Who hasn’t heard of globalization?
Nowadays, this word has become a commonplace term when you’re talking about economy, politics, and even culture. For many people, globalization has become deeply associated with the phrase “a borderless world,” where communities are intermittently linked with each other through communication channels and open international relations.
How and why we’ve reached the era of globalization can only be explained by tracing its roots in history.
Globalization is a commonly used term in various fields of the academe, linked with the phrase “a borderless world.” The advent of globalization pinpoints to various landmarks in history, including the rise of technological advances in the field of communication (the internet and computers, cellular communications technology, among others). More importantly, however, is the theoretical grounding which has driven the concept of globalization towards extreme popularity—capitalist economics.
Globalization is a fairly new term, which has been introduced only after World War II, following technological advancements in the fields of communication and transport. It was also the era of economic liberalization, a time when protectionist policies were being shunned in favor of open economies.
But beyond historical landmarks, what gave rise to globalization was the failing global capitalist economy after the war. There was a need to stabilize the market, and many countries saw globalization as the only route to take.
After the war, globalization seemed like the perfect solution. Imagine a world of cultural diversity, stable economic growth, lightning-fast information technology, and more! Or is it? Decades later, we take a closer look at the features of globalization, as well as its implications both for the U.S. and other countries around the world. Is globalization really the answer to the chronic global economic crises, or has the situation taken a turn for the worse precisely because of globalization?
In this book, you’ll find out more about globalization, its pros and cons, and the numerous issues surrounding today’s era of globalization in terms of economy, politics, and culture.
Here Is A Preview Of What You'll Learn...
- Globalization: History and Context
- Globalization in the Era of Capitalism
- Globalization, Neoliberalism, and Imperialism
- Globalization Impact and Implications
- Globalization Prospects
- Globalization, Resistance, and Potential Change
- BONUS! Find Inside…
- and much more!
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