Globalisation Is a Formidable Force in the World Today - Essay Example

How about Anti/Post/De/Globalisation? Thesis Globalisation is a formidable force in the world today, and it can be defined as the process of advanced integration, interdependence, and communication of the people and countries all across the globe. Globalisation became increasingly prevalent in the early 1990s although the term dates back to the 19th century owing to improved communication and transportation technology, international businesses and ventures, and increased migration of people from one region to the other. The Underlying Principle People around the world hold different views concerning the magnitude of globalisation. Globalisation has created a profound impact on developed countries than it has done to less developed countries. Poorer nations have had to contend with shortages in technological advancements, low levels of capital, reduced output and even business. The impacts of globalisation are far reaching; it can lead to homogenisation where individuals consume comparable foods, dress in similar ways, and do almost everything in a similar fashion. The global media and communication technology creates a vital interplay in connecting and informing people of their surroundings. Communication as a tool has made the world a global village. However, globalisation suffers a major setback where affordability and availability of the means of communication and transportation technology is a challenge. To maintain harmony and equality in the face of globalisation, media flows must be in line with the modern global options of information transmittance. It has to provide the capacity for all participants to access information. This study, therefore, seeks to unveil and focus on the different types of media flows and dissemination of information across borders in the world. In addition, the significance of maintaining a country’s originality of information for national prominence is of focus. This is because many countries are unable to maintain a stable flow of information, and it results in inconsistencies and poor flow of information. Of major concern in the arena of globalisation today is the spirit of anti-globalisation movement, and its development. Annotated Bibliography Dotcom. (2012, August 2). Does anyone know what comes after globalisation? [Web log comment]. Retrieved from http://www.trade2win.com/boards/economic-fundamental- analysis/158932-does-anyone-know-what-comes-after-globalisation.html This article discusses the impacts of globalisation. The main theme that is brought out of this discussion is the effects globalisation will create after it has taken place. The author argues that although globalisation has led to cheaper goods, easy communication and speedy transfer of information across the world through media and other communication means, it has jeopardised and increased the cost of jobs. The author further argues that globalisation technology has less to offer in solving the problems it imposes. Held, D., & McGrew, A. (2007). Globalisation/anti-globalisation: Beyond the great divide. Cambridge: Polity. Held and McGrew in their article tackle the challenges of globalisation. The authors argue that the world is embroiled in a deepening financial catastrophe because of globalisation. In their strongest concern is that globalisation has destroyed the market fundamentalism, and has led to the sunrise of a global political market. They push for the quest of more equitable and sustainable world order. Most importantly, they emphasise on the necessity to move above anti-globalisation precincts to a more practical world; a world where there is free capital movement and autonomous financial policies. Le Monde. (2011, July 14). Absurd de-globalisation. The Liberator Magazine. http://www.liberatormagazine.com/community/showthread.php?tid=1379 The order of this article, arguing from the French market perspective, illustrates that the challenging subject matter of de-globalization takes a wildfire. The author’s thesis transcends above the theories of regular globalisation because it predicts some form of detachment from world economy through reduction of trade, and proposes more of self-reliance. The author endeavours to explain why globalisation is an absurd idea. He wonders how the world responds politically to the social challenges created by the escalation of globalisation. Thus, the author explains how many nations turn to blame globalisation for failing to manage their economies. Problems posed by free trade such as low prices of goods are based on globalisation. Moreover, the author says that markets are not socially natural; markets create winners and losers. Legrain, Philippe. (2006, September 10). Is the anti-globalisation movement wrong? (Part 1). Retrieved November 28 2012, from https://www.youtube.com/watch?v=sMmYreBTWFo Legrain, in his interview, talks about global poverty and anti-globalisation. He simply argues that many nations especially from Europe swim in opulence and fast rich economies. He says that developing nations would just end like most of the developed nations on earth. The articles also states that most of the wealth would be concentrated among a few and the vast majority of the people would remain poor. Moreover, he says that globalisation is the only sole driver for growing economies and poor nations. However, as an anti-globalisation, he suggests a better world worth living in the dawn of globalisation. He simply says that nations need to improve and realise better results in the system of globalisation. Popescu, A., & Costache, S. (2006). Will the Anti-globalisation Movement Save Us from the Globalisation Demon? Romanian Economic and Business Review, 1(1), 33-38. Popescu and Costache in their article explore whether anti-globalization movements will help to fight the effects that globalization poses to the world today. They argue that as much as globalisation is a phenomenon that many agree with, it is highly criticised. They concur that globalisation has led to widespread demonstrations and many other vices in the social arena. In their article, the authors aim to underscore the main facets of anti-globalisation movement, a social group initiated by those who, knowing the effects of globalisation, have endeavoured to fight against it. The authors believe that globalisation is a trend that causes social problems, poverty, and allows developed countries to exploit less developed countries. Thus, the anti-globalisation campaigners posit extreme measures to dispute against globalisations. They, therefore, in the same opinion suggest that it is only the wheels of anti-globalisation which would assist to eradicate the dangers caused by globalisation. Robinson, W. I. (2007). Theories of Globalisation. In G. Ritzer. The Blackwell companion to globalisation. John Wiley & Sons. Robinson in his articles talks about the various theories of globalisation in the world today. He agrees that globalisation is a hotly debated issue. In his study, he seeks to theorise the phenomenon of globalisation. He underlines the theories that have been developed to explain the current world situation. He talks about three types of theories which include the World-System Theory, World Polity Theory and World Culture Theory. The world-system theory is a social system of interconnected parts that make an enclosed structure and function in accordance to specific rules. This theory is based on the multiplicity of world’s political and economic systems. The world polity theory is a system of providing value through a combined transfer of influence. Polity theory seeks to illustrate how power can be transferred in a world of similar institutions but different states. The world culture theory, on the other hand, explains how people become conscious of their surrounding and give meaning to living in one place. The author shows how the theory of world culture connects and enhances awareness of people to connect, dissolve globalisation and practice world unity. Thomas, N. (2007). Global capitalism, the anti-globalisation movement and the Third World. Capital & Class, 31(92), 45-78. This article sets three essential aspects of globalisation that have been totally misrepresented by the anti-globalisation activists. Thomas identifies one of the misconceptions as globalisation entails collective change towards economic liberty. He also talks of the anomalies in many world governments towards eroding their own agencies. The author suggests a shift from international monetary reliance into individual country financial interface. He demonstrates how the movement has failed to cope with the ever-changing face of globalisation. Another misrepresentation the author talks about is that anti-globalisation does not need to fight capitalism. Thus, Thomas argues that these misrepresentations weaken the effectiveness of the anti-globalisation supporters. Finally, he proposes strict attention and co-operations from all parties in the fight against globalisation. Wisler, S., & Brodsky, J. (2011, May 5). Antiglobalisation podcast. [YouTube Upload]. Duplin. Retrieved November 28 2012, from http://www.youtube.com/watch?v=hbvSUV4LZug This is a podcast discussion concerning anti-globalisation movements. Wisler and Brodsky argue on anti-globalisation and its various drawbacks. They explore and explain the impacts that globalisation has had on many nations. The existence of advanced information technology has led to huge accumulation of wealth. Many organisations strive for escalated profits without paying due attention to the moral concerns. The principal concern is directed to the concept of market and financial corporations that through globalisation corporations have wielded power, and this has resulted in widespread market failures. Corporations have become global giants and are principally profit oriented. They argue that large corporations do not help people anymore and instead, they try hard to make money irrespective of the impacts of their actions. Wisler and Brodsky also argue that corporations in the world have taken the political limelight. This means that they have taken the political agenda whilst ignoring the fundamental human rights. These corporations extremely protect their financial properties. The intellectual properties on goods create monopolies and harm many people around the world. References Anti-Globalisation Movement. (n.d). In Facebook [Group page]. Retrieved November 28, 2012, from GlobalResearch.ca . (2005-2012). The globalisation of NATO: The roadmap to “Post 9/11 Madness” Retrieved on 27Th November 2012 from < http://www.globalresearch.ca/the- globalisation-of-nato-the-roadmap-to-post-911-madness/5304009> Held, D., & McGrew, A. (2007). Globalisation/anti-globalisation: Beyond the great divide. Cambridge: Polity. Popescu, A., & Costache, S. (2006). Will the Anti-globalisation Movement Save Us from the Globalisation Demon? Romanian Economic and Business Review, 1(1), 33-38. Robinson, W. I. (2007). Theories of globalisation. In G. Ritzer. The Blackwell companion to globalisation. John Wiley & Sons. Thomas, N. (2007). Global capitalism, the anti-globalisation movement and the Third World. Capital & Class, 31(92), 45-78. Legrain, P. (2006, September 10). Is the anti-globalisation movement wrong? (Part 1). Retrieved November 28 2012, from https://www.youtube.com/watch?v=sMmYreBTWFo Wisler, S., & Brodsky, J. (2011, May 5). Anti-globalization podcast. [YouTube Upload]. Duplin. Retrieved November 28 2012, from http://www.youtube.com/watch?v=hbvSUV4LZug Le Monde. (2011, July 14). Absurd de-globalisation. The Liberator Magazine. http://www.liberatormagazine.com/community/showthread.php?tid=1379 dotcom. (2012, August 2). Does anyone know what comes after globalisation? [Web log comment]. Retrieved from http://www.trade2win.com/boards/economic-fundamental- analysis/158932-does-anyone-know-what-comes-after-globalisation.html Read More