The Definition of Globalization

Quite recently it was hard to imagine the opportunity to start the day with easy getting all world news, order lunch from the sushi bar and enjoy the evening watching of the world cinema masterpieces. The globalization definition exists for a long time. Even in Ancient Greece, the ideas of the global society were kicking around. Diogenes, the prominent Ancient Greek thinker, used the concept of cosmopolitan or citizen of the world.

And what’s wrong with the possibility of finding out the unknown things from the every corner of the globe and interacting with the desired people and companies regardless of their location? Let’s try to figure it out.

The process of interaction between people, groups, countries which are governed by the power of international trade, information technologies, and investment is the definition of globalization.

This process affects the economy, politics, culture, and the environment. For example, it induces development and well-being of all humankind throughout the world.

Often the globalization is identified with Americanization. Everyone knows Microsoft, Coca-Cola or Procter & Gamble. But recently, this comparison of globalization with only one country is becoming less and less appropriate as others are actively developing and making their substantial investments in the global process.

  • Toyota Motor Corporation is a massive Japanese project that specializes in the production of cars;
  • IKEA is a huge global network for the sale of furniture and household goods that were founded in Sweden;
  • Louis Vuitton, French fashion house, and many other brands are popular around the globe.

Quite contradictory disputes about globalization are premised on the varying impact of the process on each sphere where it can be seen. The main changes are noticeable:

  • In politics. Globalization is expressed in strengthening the influence of associations and unions where representatives of different countries solve certain world issues. Like example are WTO, NATO;
  • In economy. The facilitates interaction between countries gives universal access to the world achievements. But there are also disadvantages such as the ruin of small businesses and the decline in living standards in underdeveloped countries that are not able to compete with strong economies.
  • In culture. There are pros and cons. Access to a variety of traditions and artwork makes it possible for all individuals to develop. But ardent critics of globalization see this as a threat to national cultural manifestations.

If we gather the primary reasons for criticizing the process of globalization, we can distinguish the following statements:

  • High competition in the market, which is sometimes deadly for the business of underdeveloped countries;
  • More developed countries impose their cultural values on weak economically states.
  • Stable and developed countries use cheap labour and the territory of underdeveloped countries for their own purposes. It sometimes leads to the emergence of enterprises that pollute the environment and poor conditions for employee operation.

All shortcomings concern the economically weak countries. But let’s try to interpret different manifestations in another way.

The advantages of globalization can be as follows:

  • The incentive of the undeveloped countries to produce competitive goods;
  • The opportunity to travel and get new knowledge from everywhere;
  • Additional workplaces that create transnational companies.

It gives an opportunity to raise living standards and earnings in less-developed countries.

I think we have all possibility to find a balance between the positive and negative processes of globalization. The correct policy of each country and orientation on the universal canons such as peace, mutual aid, and charity can upgrade our planet for better life.

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