Preview

Globalisation

Powerful Essays
Open Document
Open Document
3461 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Globalisation
MAN 3350: COMPARATIVE INDUSTRIAL RELATIONS

GLOBALISATION

Towards a Definition

Globalisation has become a buzz-word for political, economic, sociological and environmental trends that are said to present world-wide challenges. We need to be careful about how the word is used – and why.

Two accounts of globalisation that some of you will have seen before:

“the process that reduces barriers between countries, thereby encouraging closer integration of economic, political and society activity. Economic aspects are the most important.” (Frenkel and Peetz:1998:282)

“Globalisation is a word suitable for a world without illusions, but it is also one that robs us of hope.” (Wiseman:1998:11)

A single definition can be problematic because the word is used in a number of senses and interchangeably with ‘global restructuring’. Broomhill (1995:40) states that

“Some might suggest that the term global restructuring has become rather meaningless. For some it is seen as the cause of everything that’s wrong with our economies. For others, the internationalisation (or ‘liberalisation’) of the global economy is seen as the basis of an unprecedented era of growth and prosperity for all economies.”

We might even see that the meaning of globalisation has both material and ideological connotations. Robertson (1992) (cited in Hall and Hartley:1995:71) suggests that it is a concept “that refers both to the compression of the world and the intensification of the consciousness of the world as a whole.” Materially, the world is said to have shrunk and ideologically ideas about globalisation and its effects have become more concentrated, more accessible and more imperative. We need to question the way in which the word is used, whether or not globalisation was inevitable and, indeed, whether or not certain phenomena in our economic, social and work lives are a direct result of globalisation or if globalisation is used as

You May Also Find These Documents Helpful

  • Good Essays

    Unit 12 P6

    • 916 Words
    • 3 Pages

    Globalisation is viewed by many as a threat to the world's cultural diversity. It is dreaded it might drown out local economies, traditions and languages and simply re-cast the whole world in the mould of the capitalist North and West.…

    • 916 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Neoliberalism and Australia

    • 2524 Words
    • 11 Pages

    Globalisation can be defined as the process of international integration, including the sharing of ideas, laws, economies, politics, cultures and concepts between nations. To understand globalization, it is necessary to compare the differing viewpoints. Appadurai argues that globalization is a battle between homogenization and heteroisation and that there is a series of ‘scapes’ which consist of ethnoscapes, technoscapes, financescapes, mediascapes and ideoscapes. (Appadurai 2011). He also maintains that as globalization is brought into other countries, they “tend to become indigenized in one or another way”. (Appadurai 2011). This claim rejects the notion that globalization leads to standardization, rather its influence is organic on a nation and not part of a controlled system, such as neoliberalism as argued by McChesney. McChesney defines neoliberalism as “the set of national and international policies that call for business domination of all social affairs with minimal countervailing force” (McChesney, 2001). McChesney believes globalization is actually neoliberalism and it has been presented on a silver platter as free trade when in actual fact, it has caused privatisation…

    • 2524 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Today globalization is essentially a synonym for global business. Globalization is changing the world we live in at a very increasingly rapid pace (Rodrik., 1997). Changes in technology, communication, and transportation are opening up borders and markets at increasing rates. In any large city in any country, Japanese cars ply the streets, a mobile call can be enough to buy equities from a stock exchange half a world away, local businesses could not function without U.S. computers, and foreign multinationals have taken over large segments of service industries. Impact of Globalisation, both theoretically and practically, can be observed in different economic, social, cultural, political, financial, and technological dimensions of the world. Globalisation has created a new world order and is gradually reaching new heights, incorporating all the fields to form a cohesive network. (Boyer & Drache, 1996)…

    • 3639 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Globalisation is a capitalist process that has taken off as a concept in the wake of the collapse of communism as a viable alternate form of economic organisation as we are increasingly been seen as living in the era of globalisation. Globalisation describes the increased mobility of goods, services, labour, technology and finance & capital throughout the world. Although globalisation is not a new development, its pace has increased with the advent of new technologies, especially in the area of telecommunications.…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    When the term “Globalization” is discussed, most academics, scholars, professionals and intellectuals attempt to define and interpret it in a summarized fashion. My main concern with this approach is that one cannot and should not define a process that altered decades of history and continues to, in less than 30 words. Global Shift is a book with remarkable insight. Peter Dicken rather than attempting to define the commonly misused word, explains Globalization in a clear and logical fashion, which interconnects numerous views. Dicken takes full advantage of his position to write and identify the imperative changes of political, economic, social, and technological dimensions of globalization.…

    • 1198 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Globalisation seems nowadays to be an integral part of life and impacts on everyday matters such as business, media etc.…

    • 834 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Globalisation is a phenomenon that has been increasingly used in the lexicon since the latter half of the 1980’s, achieving widespread and common currency amongst politicians, political analysts, academics, economists, the media, business, trade and finance. The term has become synonymous with the “global village” concept, where nations and states are drawn closer together; where economic, political and cultural spheres extend across the world’s major regions and continents. A world where development in one part of the globe will impact life in another part of the globe.…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Globalization

    • 526 Words
    • 3 Pages

    Critics of globalization have been concerned that the spread of a global consumerism would wipe out local cultures and homogenize the entire world, but Foer returned convinced that globalization has not and will not soon wipe away local institutions and cultures. On the contrary, he suspects the opposite has happened: In response to the threat of global integration, local entities have launched counterattacks that are successful but "not always in such a good way." Globalization means different things to different people. To those who favor it, it represents fewer reasons for armed conflicts, more opportunities for escaping the confines of tradition and narrow-mindedness, a higher standard of living, and more access to the good things of life; in short, capitalism and democracy. To those who mistrust it or hate it, it means the submersion of national sovereignty, the extinction of regional cultures, the enrichment of multinational corporations and the bankruptcy of corner stores, the undermining of religion, and the corruption of morality; in short, capitalism and democracy.…

    • 526 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Globalisation is the increasing interconnection in the world’s economic, cultural and political systems. Philippe Legrain described globalisation as ‘the way in which peoples lives are becoming increasingly intertwined with those of distant people and places around the world in economic, cultural and political terms’…

    • 1281 Words
    • 6 Pages
    Good Essays
  • Better Essays

    In this essay, I will be attempting to explain to what extent is globalisation a relatively new process in world politics. The definitions of globalisation and it's history; from which can debated if there is an actual history to globalisation or is it just a recent process in world politics. This essay will making the argument that it is not a new process but just recognised recently as such.…

    • 1224 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Globalisation is about the processes that have resulted in ever closer links between the world’s economies. Expressed in a more simple way this means developing economies developing closer links through things like trade, investment, production and then in more recent times, migration of people and transfer of technology. In recent years the speed that globalisation is growing at has increased massively and the impact is seen most greatly on developing economies.…

    • 838 Words
    • 4 Pages
    Good Essays
  • Good Essays

    On the threshold of 21st century, international communities have been drastically globalised or internationalised as the World Trade Organisation (WTO), which is the successor to the General Agreement on Tariffs and Trade (GATT), launched in 1995. As many countries agreed to open to foreign intercourse, international trade, financial markets and foreign investment have been rapidly grown as well as the changes in culture have been undergone. The term ‘globalisation’, in this manner, refers to ‘a process of increasing international dependence in which countries become more integrated with one another economically and culturally.’ (Bentley et al., 1999, p.177) It is generally supposed that the origin of current globalisation was from the end of the Cold War. The American president in the late 1980s, George H. W. Bush, proclaimed ‘new world order’ which involved that “countries would cooperate peacefully as participants in one worldwide market, pursuing their interests while sharing commitments to basic human values.” (Lechner and Boli, 2004, p.7) In other words, economic and political interdependence would lead to more shared interests, which would help to grow economy and create both wealth and solidarity. The spread of market-orientated policies and individual rights promised to improve the well-being of billions of people. However, this positive perspective on globalisation has been strongly criticised by many socialists who see globalisation as the latest stage in the development of international capitalism. They have been argued that globalisation is westernization by another name, that is, it undermines the social and cultural unity of other cultures and is therefore exploitative, oppressive and harmful to most people in many places, especially in developing countries. Moreover, surprisingly, even developed countries are also undergoing some disadvantages from globalisation, leading to social problems. As Waters (1995) suggested, therefore,…

    • 2640 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Globalisation is the widening, deepening and speeding up of global interconnection, and growth of the Earth. It can also be described as growth on a global or worldwide scale. For example the growth of economies, power within a country and also down to a company in that country. There are many factors contributing to globalisation; however there are three main sections, split up between political, economic and cultural. The economic category means that all economies are globally interconnected. The political section is about the evidence of growing importance of international organisations such as TNC’s. The final category is to do with culture, where information, commodities and images are displayed and produced in one part of the world and enter a global flow, flattening the cultural differences between countries. All three categories are “a complicated and complex web of interconnectedness” where geographical whereabouts and territorial boundaries are of declining significance. Personally I believe that there are certain aspects which drive globalisation more than others and this is media.…

    • 1564 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Globalisation

    • 1673 Words
    • 7 Pages

    Currently in international circles there is a great debate over globalisation and whether it is a force for good or bad. The statement oversimplifies the matter, of course. But the issue of globalisation and our collective response to it promises to define who prospers and who does not well into the 21st century.…

    • 1673 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Globalisation: Countries

    • 20916 Words
    • 84 Pages

    * Increasing interconnectedness & interdependency of people, cultures, economics and politics at all spatial scales.…

    • 20916 Words
    • 84 Pages
    Powerful Essays