quora
Nobody downloaded yet

How justified are the sceptics in suggesting that globalization is in fact a myth - Essay Example

Comments (0) Cite this document
Summary
Globalization Module Title: Module Number: Academic Year: Seminar Tutor: Essay Question: How justified are the sceptics in suggesting that globalization is in fact a myth? Student Number: Globalisation Globalisation refers to the development of a common ground upon which different nation-states can effectively interrelate…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
How justified are the sceptics in suggesting that globalization is in fact a myth
Read TextPreview

Extract of sample
"How justified are the sceptics in suggesting that globalization is in fact a myth"

Download file to see previous pages Essentially, globalization has elicited mixed reactions with regard to its definition, the reason being its diverse facets that attract conceptual standpoints taken by scholars. These varied definitions eventually and perceived problems occasioned by globalization lend credence to its mythical aspect. This paper explores whether globalization is a myth. Pillars of globalization Globalization has several facets depending on the approach an individual takes: these ranges from economic activities, to interactions of people and cultural mix, to communication. In light of these factors, Busemeyer (2009, p.457) narrows down the facets by indicating that globalisation encompasses a real-time communication caused by electronic passage of information; it enhances interrelation between the economies of nation-states; and triggers a shrinking global society where territorial borders play a less significant role in socio-economic processes. Moreover, globalization leads to the growth and integration of cultures, economies and political systems (Andreas, 2011, p.408). Despite, the clear consensus on the term globalisation, different ideologies on globalisation have come up, trying to explain these factors in diverse ways. The first school of thought seeks to outline the significance globalization, arguing that it is the only way out of sociological problems facing the world. But the second one sees globalization as a myth. The global economy The pro-globalization forces are at the fore-front of the processes leading to globalisation. From this standpoint, globalisation embodies a new period of history in which the importance of separate nation-states is slowly being wiped out of existence by a common and ‘fair’ economy governing the whole world (Busemeyer, 2009, p.456). Supporters of this theory perceive globalisation as causing a transfer of the influence of nation-states and economies to international systems supporting greater economic activities like manufacturing of commodities, improved business opportunities and easier acquisition of capital. From this perspective, global assets and the post-modern market environment are marked by liberal trade, forming part of globalisation. These developments are attributed to capitalism. Moreover, the hyperglobalist approach to globalization also holds that the world is entering an era in which global governance will be a reality. For example, with global organizations controlling finance and trade through multinationals, globalization is increasingly being felt if not realized Hill, 2010, p.266). Today, international bodies such as International Monetary Fund (IMF), The World Bank, and The World Trade Organization (WTO) are increasingly taking a more active role than nation-states in ensuring that uniform growth takes effect in every corner of the specific countries and the general world through funding programs. This perception holds that due to globalization, the international community through its financial capacity has achieved successes where nation-states have failed. A typical example is the recent bailout of Greece (Hill, 2010, p.264). This has led to the erosion of the influence of the nation-state within the society. Supporters of the globalization process have also lauded the development of a united civil society outlining the key issues that need addressing by various leaders, in order to spur economic development not only of individual ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“How justified are the sceptics in suggesting that globalization is in Essay”, n.d.)
How justified are the sceptics in suggesting that globalization is in Essay. Retrieved from https://studentshare.org/sociology/1464301-how-justified-are-the-sceptics-in-suggesting-that
(How Justified Are the Sceptics in Suggesting That Globalization Is in Essay)
How Justified Are the Sceptics in Suggesting That Globalization Is in Essay. https://studentshare.org/sociology/1464301-how-justified-are-the-sceptics-in-suggesting-that.
“How Justified Are the Sceptics in Suggesting That Globalization Is in Essay”, n.d. https://studentshare.org/sociology/1464301-how-justified-are-the-sceptics-in-suggesting-that.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Who is right, Globalization sceptics or Globalization radicals
Globalization. Technological innovations have completely shaped all factions of life in the twentieth century. But nowhere is the effect of technological innovation more evident than in the realm of the cultural globalization through the use of global communication and media.
4 Pages(1000 words)Essay
Modern globalization
Business Introduction to modern globalization The concept of globalization refers to the phenomenon in which the entire globe appears to be coming under the canopy of a single order. This is the general and most broadly defined idea of globalization. This phenomenon involves integration of global economy through transfer of knowledge, transmission of technological knowhow and cultural and social values, change and modification of various government as well as private sector policies, regulations related to the geographical borders and change in relations of production.
6 Pages(1500 words)Essay
Global Warming: Fact or Myth
A number of researchers provide the example of the extremely cold weather recorded in the winter of 2003-2004 in the northeastern US. On the other hand, independent analyses by different researchers and scientists reveal that the climate of the earth has been showing increasingly warmer trends. 
8 Pages(2000 words)Essay
Myth
Myths can as well be used to explain other things such as the customs or behavior of certain group of people or even explain the nature. Through told stories, myths helped to teach human beings behaviors that enabled them to live well with fellow human beings.
6 Pages(1500 words)Essay
Global Warming: Fact or Myth
In addition, the claim is criticized by the argument that undoubtedly, the weather was coldest as compared to the previous trend in that region;
8 Pages(2000 words)Essay
Austin Farrer Can Myth be Fact
Myths bear a long history of development. The origin of myth dates to the olden times and it is through explanation that it is learnt that myths are closely associated with reality and it is the analysis of the myth in a broad term
2 Pages(500 words)Essay
Myth
One of the important roles that the Oracle of Apollo at Delphi and sources of prophecy played in hero myths was that of consultation. The Oracle of Delphi would be consulted by the community before various important
1 Pages(250 words)Essay
California geograph and history:Dust Bowl Myth and Fact
It is believed that there were two main types of migrants during the 20th century. During the period from1910 to 1920, the population of the migrants were economically well off, but were
2 Pages(500 words)Essay
Myth
In this regard, myths contain many significant male and female characters which are described in different ways, and this paper will consider the danger the females represent to the males. It is necessary to state first that women are described with a
1 Pages(250 words)Essay
Globalization
Globalization impacts on societies in the cultural, political and environmental systems (Held et al. 2005). It also affects economic growth and development of nations worldwide. The concept is not new since over the years, people and companies have been trading for long distances.
7 Pages(1750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic How justified are the sceptics in suggesting that globalization is in fact a myth for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us