Professional Documents
Culture Documents
Globalization
What is Globalization?
Dimensions of Globalization
Globalization: A Highly Contested Concept
1. Scholars are not in agreement as to who exactly coined
the term and when it first appeared. (Theodore Levitt,
economist, Harvard Business School, in an article
“Globalization of Markets”)
2. Scholars are not in agreement as to how the term can be
defined.
3. Scholars are not in agreement as to the cause of
globalization.
4. Scholars are not in agreement as to the history and
chronology of globalization.
5. Scholars are not in agreement as to the impact of
globalization (globophilia and the globophobia, homogeneity
or heterogeneity).
6. Scholars and not in agreement as to the trajectory of
globalization (done, moving forward, etc.)
7. The scholars are not in agreement as to the concept itself
(one dimension or multiple dimensions, process, condition,
age, a system, or a force).
Manfred Steger
Definitions of Globalization
Dickens (geographer): Globalization is the umbrella term for the complex set
of transformative process and outcomes that dialectically and rationally
interact with places and people (Gopinath 2008).
2. Cycles- there were global ages in the past and what appears now
is a new globalization. This is related to rise and fall of civilizations.
1. Profit
2. Competition
3. Economies of scale
4. Developments in technology
5. Geography
6. Media and cultural changes
Economic dimension of Globalization (Steger 2013)
1. The global economic order emerged after World War II, when
the Bretton Woods Conference laid the foundations for the IMF,
World Bank, GATT and WTO (free trade).
2. In the 1980s neoliberalism liberalized financial transactions.
3. Transnational corporations rival nation-states in economic
power, and have had a profound effect on the structure and
function of the global economy (LEDS and MEDS).
4. The Washington Consensus was drafted to reform indebted
developing countries, but it has thus far rarely helped countries
develop(global loans).
5. Liberalization and global market integration.
6. Irreversible and inevitable.
7. Nobody is in-charge.
8. It benefits everyone in the long run.
Political Dimension of Globalization (Steger 2013)
1. ‘The political dimension of globalization’ looks at political
arrangements beyond the nation-state.
2. The modern nation-state came into being after the
Protestant Reformation (treaty of Westphalia),
characterized by centralized government and self-
determination.
3. The rise of organizations such as the United Nations has
threatened the nation-state, according to globalization
skeptics. However, national governments still hold significant
powers.
4. There has been a rise in the number of supra-territorial
institutions, operating from the local level all the way to the
global level
5. Globalization further spreads democracy.
The Cultural Dimension of Globalization (Steger
2013)
1. Explores the intensification and expansion of cultural flows
across the globe.
2. Critics of cultural globalization claim that the world is
being homogenized or ‘Americanized’.
3. Advocates say that globalization reinvigorates niche
cultures instead of eliminating them.
4. The existence of the global imaginary is linked to the rise
of global media networks. These networks are owned by a
small group of transnational corporations, which can affect
journalistic integrity.
5. Several different hypotheses exist about the effects of
language globalization. Some say that it leads to protection
of native tongues. On the other hand, some foresee the rise
of a ‘Globish’ language.
Ecological Dimension of Globalization (Steger 2013)
1. Deals with the effects of global alliances on ecological
issues.
2. There is an inexorable link between all humanity and
the planet Earth.
3. The Industrial Revolution has caused many ecological
problems, including, resource and food shortages,
overpopulation, reduced biodiversity, pollution, and
climate change. All these problems are global — the
result of aggregated human action — and require a
coordinated response.
4. However, there are still debates about the seriousness
of ecological issues, and, whilst progress has been made,
few multilateral measures have been implemented.
This phase of globalization has been severely damaging to
the environment, and action is needed now.
Ideological dimension of Globalization (Steger
2013)
Steger, Manfred, Paul Battersby and Joseph Siracusa. The Sage Handbook of
Globalization.
Vol. 1.
Metaphors of Globalization