SARTORIO Lecturer Department of Political Science What is the story all about? Flows
Flows are the movement of people, things, places,
and information brought by the growing “porosity” of global limitations (Ritzer, 2015). What are the manifestations of economic dimension of globalization in the text? ECONOMIC GLOBALIZATION refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital. What are the manifestations of cultural dimension of globalization in the text? CULTURAL GLOBALIZATION refers to the transmission of ideas, meanings, and values around the world in such a way as to extend and intensify social relations. This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel. What are the manifestations of political dimension of globalization in the text? POLITICAL GLOBALIZATION refers to the growth of the worldwide political system, both in size and complexity. That system includes national governments, their governmental and intergovernmental organizations. What is the main facilitator of globalization as expressed in the text? Technological developments are conceived as the main facilitator and driving force of most of the globalization processes. THEORIES OF GLOBALIZATION World Systems Theory posits that there is a world economic system in which some countries benefit while others are exploited. WORLD SYSTEMS THEORY Basic Components 1. The world economy has one market and global division of labor. 2. Context of World Economy 3. Three-tier structure TRANSFORMATIONALIST VIEW OF GLOBALIZATION This theoretical position argues that globalization should be understood as a complex set of interconnecting relationships through which power, for the most part, is exercised indirectly. Transformationalists also see the global media as beneficial because it is primarily responsible for diffusing different cultural styles around the world and creating new global hybrid styles in fashion, food, music, consumption and lifestyle - a hybridized global identity. Anthony Giddens argues that one consequence of globalization is detraditionalization – where people question their traditional beliefs about religion, marriage, and gender roles and so on. Giddens uses the concept of ‘detraditionalization’ rather than ‘decline of tradition’. ADVANTAGES AND DISADVANTAGES OF GLOBALIZATION