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What is Globalisation? – October 1st, 2006
The form of Globalization has been there in progress through out history. There is nothing mysterious about globalization. Globalization is a process of growing interdependence between all people of this planet. People are linked together economically and socially by trade, investments, information technology, communication, transport and various services.
As Giddens skates over this when he defines globalization as the intensification of world wide social relationships which link distant places in such a way that local happenings are shaped by events occurring many miles away and vice-versa.
Globalization can be conceived as, When an event or action that takes place at one place can have consequences at other end of this world. It is possible due to the scientific inventions and electronic devices. Internet, Fax, E-Mail, Television, and Telephone can bring the messages and actions across the globe and has resulted in time-space compression. Eventually, this has resulted in the accelerating inter-dependence of each country socially, economically, symbolically and physically. When these actions, views and ideas are exchanged across the nations, the world shrinks.
As a result of Globalization, a world market for capital, commodities, labor and communications have developed and at the same time deadly weapons and sophisticated surveillance technologies have also developed.
The outward expansion of European institutions and culture stretches from the early voyages of the great navigators at the end of the fifteenth century through to the mass migration of European peoples across the Atlantic in the late nineteenth and early twentieth centuries. This is clearly a major precursor of globalization as we know it today. (Benyon, J and Dunkerley)
(Held et al.) Says the global impact of communications and transport which have increased the speed and volume of the circulation of images, symbols, goods and people.
Ever-more-effective-communication technologies with a global reach, contemporary globalization has undoubtedly changed the relationship between time and space and in the process rendered the world a more compressed place. (Benyon, J and Dunkerley, D).
There are two contrast views exists on Globalisation.
It is proposed by some as a thoroughly progressive and liberating phenomenon, opening up the potential for greater human connectiveness and the spread of human rights, democracy, health care and improved inter-cultural understanding world-wide. (Benyon, J and Dunkerley,D)
In contrast Schiller is strongly of this view, arguing that Western countries dominate economic and technological resources, so much so that the developing world is doomed to remain at the margins of the global economy.
Benyon, J and Dunkerley says, that at the outset of the twenty-first century it is manifestly clear that any sense of the west’s previously assumed superiority in the more interconnected globalized world we now inhabit has disappeared due to the resurgence of Islam, based on oil money; the economic and manufacturing rise of Japan and of the Southeast Asian (Tiger) economies and many others.
But I would say, if people shy away from the globalisation process then they would be isolated from the rest of the world.