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Globalisation - Essay Example

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Globalization is the process in which international integration that arises from the interchange of world products, views, ideas and other emerging aspects of culture. Globalization occurs among companies, people and governments of different states, which are mostly brought…
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Globalization Globalization Globalization is the process in which international integration that arises from the interchange of world products, views, ideas and other emerging aspects of culture. Globalization occurs among companies, people and governments of different states, which are mostly brought about by investment, information or international trade (Steger, 2013). Globalizations mostly have impacts on the culture of given citizens, the environments in general, in the economic development of a given nation, on the nature of political systems and methods of administration of democracy and prosperity in both human physical well-being and ways of socialization in different groups in the society.
During the past era globalization was discussed as a process that draws different cultures and nation into greater interaction and communication. This made globalization to be seen as fact that we all increasingly live in the world, groups; individuals become ever more interdependent.
Globalization consists of different elements which include: Economy, political and ideology, culture, media and Bionomy (Environment or Ecology) (Steger, 2013).
Economy
Economy or economic system includes the production of goods and services, distribution or trade of commodity and the final utilization of the produced goods and services by different consumers in a given geographical location (Steger, 2013). The economic negotiators can be individuals, organizations, businesses or governments. For a better economy, a transaction must be occurring between two parties who agree on the price of a transacted service or product, commonly expressed as a currency or worth of that product.
Media
Media (communication) is a tool applied to deliver and store data or information regarding any news and can be seen as a communication instrument. The primary vehicle of the phenomena of global media is the multinational corporation that is used to collect information from one area to another and deliver it globally all over the world. Media globalization has supported in both the distribution and production of information. Examples of media aided globalization technology include radio, music, satellite among others (Steger, 2013).
Politics and Ideology
Political ideology to set of norms, beliefs or doctrines that are shared by the members of a specific social group that forms the basis of economic factors, political or another system. Political ideology in globalization involves media facilitation on the exchange of cultural or political factors that affect the career of a politician. Politics has been globalized since the views of one politician can be analyzed by another one from different regions as information is conveyed from one area to another, which has led to increased ideological difference.
Various theories have been put across to explain globalization that includes: Hyper globalists, Sceptics and Transformation lists (Steger, 2013).
Sceptics theory states that the real knowledge of provided things is impossible. Hence, it indicates that globalization is based on the real knowledge of given information.
Hyper globalists compare the trade of different nations which later gives the rate of globalization in the two contrasting economies.
Transformation lists is a list that indicates the most changing issues in both goods and services and used to compare with those from different nations (Steger, 2013).
Evaluation
Globalization has been experienced all over the world and with the improvement of technology, people have become more united which is leading to unity and sharing of ideas on different platforms.
Reference
Steger, M,(2013). Globalization: A very Short Introduction. Oxford University Press, New York. Read More
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