Globalization
Concepts,
Meanings,
Features, and
Globalization
is the process in which people, ideas and goods
spread throughout the world, spurring more
interaction and integration between the world's
cultures, governments and economies.
Globalization
is a process of interaction and integration among
the people, companies, and governments of different
nations, a process driven by international trade and
investment and aided by information technology. This
process has effects on the environment, on culture, on
political systems, on economic development and
prosperity, and on human physical well-being in
societies around the world.
Example:
Globalization
People are engaged in buying and selling from other
places in far-away lands like the famed Silk Road
across Central Asia that connected China and Europe
during the Middle Age for thousands of years and they
also invested in enterprises in other countries for
centuries.
Globalization
There were similarities in features of those
prevailing wave of globalization before the outbreak of
the First World War in 1914 to the current wave. There
is an increase cross border- trade, investment, and
migration due to policy and technical developments in
the past few decades. It is in the area of economic
development that observers believe the world has
entered a new phase.
Globalization
Today’s globalization is farther, faster, cheaper, and
deeper in compared to earlier wave of globalization
Example:
Since 1950, the volume of world trade has increased by
20 times and from 1997 to 1999, flows of foreign
investment nearly doubled from $468 billion to $827
domestically.
Globalization
In the years since the Second World War, and especially
during the past two decades, many governments have adopted
free-market economic systems, vastly increasing their own
productive potential and creating myriad new opportunities
for international trade and investment. Governments also have
negotiated dramatic reductions in barriers to commerce and
have established international agreements to promote trade in
goods, services, and investment.
Globalization
Taking advantage of new opportunities in foreign
markets, corporations have built foreign factories and
established production and marketing arrangements
with foreign partners. A defining feature of
globalization, therefore, is an international industrial
and financial business structure
Globalization
One principal driver of globalization is technology. Economic
life is dramatically transformed by advancement in
information technology. All sorts of individual economic
actors like consumers, investors, and businesses which are
valuable new tools for identifying and pursuing economic
opportunities, including faster and more informed analyses of
economic trends around the world, easy transfers of assets,
and collaboration with far-flung partners are provided by
information technologies.
Globalization
Globalization is the process of integration of economies
across the world through cross-border flow of factors product
and information. According to the International Monetary
Fund (IMF) globalization is the growing economic
interdependence of countries worldwide through increasing
volume and variety of cross border transactions in goods and
services and of international capital flows and also through
the more rapidand wide diffusion of technology.
Globalization
is an expansion, and intensification of social
relations and consciousness across world time and
world space. It is about growing worldwide
connectivity according to Steger.
Globalization
Further, globalization is considered a multi-dimensional
process involving economic, political, technological, cultural,
religious and ecological dimensions. It suggests a dynamic
process of change that results in either positive or negative
development. It leads to the creation of something new; it
involves the multiplication of social connections and various
activities that transgress traditional and political, economic,
cultural and geographical lines.
Thomas Larsson
Swedish journalist. The Race to the Top: The Real Story of
Globalization (2001), stated that globalization: “is the
process of world shrinkage, of distances getting shorter,
things moving closer. It pertains to the increasing ease with
which somebody on one side of the world can interact, to
mutual benefit, with somebody on the other side of the
world.”
Anthony Giddens,
Globalization is the intensification of worldwide social
1990
relations which link distant localities in such a way that
local happenings are shaped by events occurring many
miles away and vice versa.”
Attributes,
Qualities or
Characteristi
cs of
Globalization has four characteristics or qualities.
These are:
1. It involves both the creation of new social
networks and the multiplication of existing
connections that cut across traditional, political,
economic, cultural, and geographical boundaries.
2. Globalization is reflected in the expansion and the
stretching of social relations, activities, and
connections.
Examples:
• Reaching of financial markets around the globe
• Occurrence of electronic around the clock
• Emergence of gigantic and virtually identical
shopping malls in all continents to cater to
consumers who can afford commodities all over the
world-including products whose various components
were manufactured in different countries. This
process is called social stretching.
Covered in the process of social stretching are:
• Non-governmental organization
• Commercial enterprises
• Social clubs
• Regional & global institutions and associations
(UN, EU, ASEAN, Google and others)
3. Globalization involves the intensification and acceleration of
social exchanges and activities.
Examples:
• The worldwide web relays distant information in real-time
• Satellites provide consumers with instant pictures of
remote events
• Sophisticated social networking by means of facebook or
twitter has become routine activity for more than a billion
4. Globalization processes do not occur merely or an
objective, material level but they also involve the
subjective plane of human consciousness. Without erasing
local and national attachments, the compression of the
world into a single place has increasingly made global the
frame of reference for human thought and action.
Historical
Periods of
Globalizati
1. The Prehistoric Period
(10000 BCE-3500 BCE)
In this earliest phase of globalization, contacts
among hunters and gatherers – who were spread
around the world – were geographically limited. In
this period due to absence of advanced forms of
technology, globalization was severely limited.
2. The Pre-modern Period
(3500 BCE- 1500 CE)
In this period the invention of writing and the wheel were
great social and technological boosts that moved globalization
to a new level. The invention of wheel in addition to roads
made the transportation of people and goods more efficient.
On the other hand writing facilitated the spread of ideas and
inventions.
3. The Early Modern Period
(1500-1750)
It is the period between the Enlightenment and the
Renaissance. In this period, European Enlightenment project
tried to achieve a universal form of morality and law. This
with the emergence of European metropolitan centers and
unlimited material accumulation which led to the capitalist
world system helped to strengthen globalization.
4. The Modern Period
(1750-1970)
Innovations in transportation and communication
technology, population explosion, and increase in migration led
to more cultural exchanges and transformation in traditional
social patterns. Process of industrialization also accelerated.
5. The Contemporary
Period
The creation, expansion, and acceleration of worldwide
(from 1970 to present)
interdependencies occurred in a dramatic way and it was a
kind of leap in the history of globalization.
Dimension
s of
Globalizati
There are six dimensions in globalization.
These include: economic, political, technological,
cultural, religious and ecological dimensions.
1. Economic Dimension
This refers to the extensive development of
economic relations across the globe as a result of
technology and the enormous flow of capital that
has stimulated trade in both sources and goods.
1. Economic Dimension
• Major players in the current century’s global economic
order
1. Huge international corporations (General
Motors, Walmart, Mitsubishi)
• International Economic Institutions (IMF, World Bank,
The World Trade Organization)
• Trading Systems
1. Economic Dimension
The result of these powerful forces resulted in the wide gap
between the rich and the poor countries.
Major Sources of Economic Growth across Countries
1. Property rights
2. Regulatory institutions
3. Institutions for macro-economics
4. Stabilization
5. Institutions for social influence
1. Economic Dimension
Economic institutions have decisive influence on
investment in physical and human capital, technology, and
industrial productions. It is also important for resource
distribution.
2. Political Dimension
This refers to an enlargement and strengthening of
political interrelations across the globe.
Political Issues that Surface in this Dimension
1. The principle of state sovereignty
2. Increasing impact of various intergovernmental
organization
3. Future shapes of regional and global governance
2. Political Dimension
The globalization rendered almost powerless any political
efforts to introduce restrictive policies affecting individual
states, with the results that the world in many ways turned into
a borderless world. Governments often seek to restrict the
migration ofpeoples, especially those coming from the poor
countries in the global South.
2. Political Dimension
In the development of supra-national structures and
associations held together by common concerns and mutually
agreed upon norm, the most obvious is political globalization.
On the part of the involved parties, informal structures which
are considered binding, bring together world power centers due
to common interests.
2. Political Dimension
Example:
• Global cities like New York, London, Tokyo, and Singapore
are closely connected with one another than they are to
various cities in their own countries.
• European Union, United nations, NATO, The World Trade
Organization
3. Cultural Dimension
This refers to the increase in the amount of cultural flows
across the globe. Cultural interconnections are at the
foundations of contemporary globalization
3. Cultural Dimension
Individualism and consumerism which are the dominant
cultural characteristics of our age and the drive for economic
success stimulated by the internet and other technological
devices circulate much more easily than they did in earlier
periods. In the dissemination of popular culture, transactional
media corporations play a major role which brought a sharp
rise in homogenized popular culture that is manifested in the
dominance of fast food restaurant on more aspects of life
3. Cultural Dimension
Cultural diversity often results hybridization- a constructive
interaction process between global and local characteristics
which is often visible in food, music, dance, film, fashion, and
language. As a result there is a scarcely any society in the
world that expresses itself in its own self-contained and
authentic culture
3. Cultural Dimension
Media empires generated and directed the extensive flow of
culture. Examples of these are Yahoo, Google, Microsoft, and
Disney. Advertisement plays an important role in this cultural
flow by featuring various celebrities in the television aside from
transforming newscast into entertainment shows.
4. Religious Dimension
Religion is a personal or institutionalized set of attitudes,
beliefs, and practices relating to or manifesting faithful
devotion to an acknowledged ultimate reality or deity. It is the
most important defining element of any civilization as
contrasted with race, language, or way of life. As such, it is also
portrayed as a defining element in future conflicts. Whether the
root cause of a particular conflict or merely a vehicle for the
mobilization of nationalist or ethnic passions, religion is
certainly central to much of the strife currently taking place
4. Religious Dimension
Jihadist globalism is a religious response to the materialist
assault by the ungodly West in the rest of the world. Coming
out of what they consider a pure form of Islam, its disciples
seek to destroy all those alien influences that have been
imposed on Muslim people. It applies to those extremely violent
strains of religion that convert the global imaginary into very
concrete political agendas and terrorist tactics. It is also applied
to those violent fundamentalists in the West who seek to
Example:
4. Religious Dimension
• Bin Ladin understands umma as a single community of
believers professing faith in the one and only God, but at
the same time committed to destroying not only alien
invaders but also corrupt Islamic elites in order to return
power to the Muslim masses.
• Since one third of the world’s Muslim population lives in
non-Islamic countries, the restoration of God’s proper reign
must be a global event. Hence, Al-Qaeda established
4. Religious Dimension
Roman Catholic Teaching of Globalization
There are eight (8) principles that summarize the Roman
Catholic Teachings (15).
1. Commitment to universal human rights
2. Commitment to the social nature of the human person
3. Commitment to the common good
4. Solidarity (The principle of Solidarity affirms that
membership in the human family means that all bear
4. Religious Dimension
5. Preferential option of the poor (In the Theology of the
Incarnation- Christ God became poor for us so as to enrich us
by his poverty. The poor are susceptible to the effects of
environmental irresponsibility because they live in countries
where cheap building materials and cheap labor are readily
available. They regularly work in farming, fishing, and
forestry, areas which suffer environmental damage).
4. Religious Dimension
6. Subsidiary (The Catholic Church teaches that decisions
should be made at the lowest level in order to achieve the
common good.
7. Integral Humanism- is concerned with whole person
8. Justice
4. Religious
Justice is divided in three (3) categories:
Dimension
1. Commutative justice
This aims at fulfilling the terms of contracts and other
promises on both personal and social level.
2. Distributive justice
This ensures a basic equity in how both the burden and the
goods of society are distributed and that ensures that every
person enjoys a basically equal moral and legal standing
apart from differences in wealth, privilege, talent and
4. Religious Dimension
3. Social justice
This refers to the creation of the conditions in which the
first two categories of justice can be realized and the common
good identified and defended.
According to catholic teaching, a just society is one which
these forms of justice are assured because they are required
by human dignity.
5. Ideological Dimensions
Ideology is a system of widely shared ideas, beliefs, norms
and values among a group of people. It is often used to
legitimize certain political interests or to defend dominant
power structures. Ideology connects human actions with some
generalized claims. Globalization is a social process of
intensifying global interdependence while globalism is an
ideology that gives the concept of neo-liberal values and
meanings to globalization.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
1. Globalization is about the liberalization and global
Globalism
integration of markets.
The problem with this claim is that liberalization and
integration of markets happen through political project of
engineering free markets by interference of centralized state
power, and it is in contrast to the neoliberal ideal of limited
role of governments.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
2. Globalization is inevitable and irreversible.
Globalism
Globalists believe that spread of market forces
driven by technological innovations is inevitable
in globalization. Neoliberals use this claim to
convince people to adopt the natural discipline of
the market if they want to prosper, which implies
the elimination of government controls over the
5. Ideological Dimensions
Major Ideological Claims of Advocates of
2. Globalization is inevitable and irreversible.
Globalism
Globalists believe that spread of market forces driven by
technological innovations is inevitable in globalization.
Neoliberals use this claim to convince people to adopt the
natural discipline of the market if they want to prosper, which
implies the elimination of government controls over the
market.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
3. Nobody is in charge of globalization.
Globalism
This claim seeks to depoliticize the public debate on
globalization and neutralizing anti -globalist movements.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
4. Globalization benefits everyone.
Globalism
Globalists talk about the benefits of market liberalization
such as rising global living standards, economic efficiency,
individual freedom, and technological progress. But the reality
is that the opportunities of globalization are spread unequally
and power and wealth are concentrated among a specific
group of people, regions and corporations.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
5. Globalization furthers the spread of democracy in the world.
Globalism
For the globalists democracy and free markets are
synonymous.
5. Ideological Dimensions
Major Ideological Claims of Advocates of
The neoliberal explanation of globalization is ideological
Globalism
because it is politically motivated and contributes to the
construction of particular meanings of globalization which
stabilize existing power relations. Globalism tries to create
collective meaning and shape people’s identities.
Activity: Follow the
Globalization allows for a worldwide exchange of most of
product!
the commodities that we consume. This activity will allow you
to investigate the origin and spread of the products and
services sold in our country. You will also be able to know the
countries involved in the production, distribution, and
consumption of the products being sold and consumed in the
country.
Activity: Follow the product!
The following are the steps to accomplish this activity:
1. Choose and draw a specific foreign product/brand that is being sold
in the Philippines.
2. List down the main ingredients or raw materials used in
manufacturing the chosen product. Identify the corresponding country
from which each ingredient or raw material came.
3. Identify the countries involved in the manufacturing of the chosen
product. Indicate the corresponding service the country does for the
product (e.g., Costa Rica planting coffee beans).
Activity: Follow the product!
4. Aside from the Philippines, list other countries in which the product is being
sold. Cite the kinds of technology that made the creation of the product
possible. Consider communications and transportation.
5. Write one to three statements about the creation of the product and answer
the following questions:
• How do economic trading institutions influence global economic activity?
• How does it affect the Philippine economy?
• Does the position of rich countries as giants in the economic chain threaten
the status of less developed countries in the global market?
Thank
You