Acitvity 2 - Essay

ACTIVITY 2 (Essay)
1. Differentiate the competing conceptions of globalization.
Globalization is a relatively new concept in the social sciences; however, it has

long been used by those who work in and write about the media, transnational
businesses, and international commerce. The goal of this work is to critically examine
how sociologists and other social scientists employ concepts of globalization and to
assess the usefulness of these different perspectives. Many modern issues, according
to the notion of globalization, cannot be fully analyzed at the level of nation-states, that
is, in terms of each country and its inter-national interactions. Instead, they must be
conceived of in terms of global processes.
Some have even predicted that global forces, usually transnational corporations
and other global economic institutions, global culture, various globalizing belief systems
and ideologies, or a combination of all of these, will become so powerful that the nation-
state's existence will be seriously jeopardized. Most globalization theories do not require
this as a result. The point of this study is that much of the globalization literature is
muddled because not all individuals who use the phrase separate it clearly enough from
internationalization, and some writers appear to use the two concepts interchangeably. I
contend that a clear difference must be made between the inter-national and the global.
There are several perspectives on globalization, and it is beneficial to categorize them

into three basic groups, with some substantial variations within those categories.
The key categories are as follows:
1. Economic open markets, the majority of which have the primary theme of
interconnectedness, resulting in some type of stability.
2. Global political hegemony, which has some variation in the governance of some form
of political system controlled by a mostly concealed elite.
3. There is global recognition that both freedom and security necessitate our embrace of
collaboration and variety.
There may be some overlap between differing degrees of understanding on these three
core groups of topics; nevertheless, if one truly knows three, it is anathema to both.
Those in category 1 often use some variation of von Neuman's games theory,
which is based on assumptions of short-term self-interest in competitive systems and
uses a generalized value metric derived from markets. That was certainly a good
approximation when most things were scarce, but the entire paradigm collapses if highly
automated production systems eliminate the need for human labor and allow systems to
fulfill the reasonable demands of all people. Market value for all plentiful things falls to
zero under such systems, and market incentives become antithetical to the
requirements of the great majority of mankind.
2. Identify the underlying philosophies of the varying definitions of globalization.
GLOBALIZATION: The Underlying Philosophies of Its Varying Definitions
Globalization is a continuous process that is bringing people, neighborhoods,

cities, regions, and countries closer together than they have ever been. Our lives are
interwoven with those of individuals all around the world through the food we eat,
clothing we wear, music we listen to, information we get, and opinions we hold.
Globalization is one of the most current cultural, social, economic, and political trends.
Globalization is a relatively new notion; terms like "global," "globality," "globalization,"
and "globalism," as well as concepts like "global market" or "global ecology," were
almost unknown until the very end of the twentieth century.
We are all familiar with these concepts, yet we are unable to describe them, a
widespread phenomenon: however, most of us have no idea what the word for this
phenomenon is. I really polled several of my students and friends. Some of them have
no concept of what the phrase "globalization" means, while others do but cannot explain
it fully.
PPT: Globalization entails economic integration, the transfer of policies across borders,
the transmission of knowledge, cultural stability, the reproduction, relationships, and
discourses of power; it is a global process, a concept, a revolution, and the
establishment of a global market free of sociopolitical control. It includes all these
things.
Globalization is a wide idea that cannot be defined in a single word, statement, or

phrase. There are several definitions of globalization, which has contributed to errors
and misinterpretations of what globalization truly is. It is neither a single notion that can
be defined and contained in a certain time range, nor is it a process with a distinct
beginning and finish.
Globalization, or as it is known in some parts of the world, is driven by the fusion of

cultural and economic systems. This convergence will facilitate and, in some cases,
require increased interaction, integration and interdependence among nations.
Globalization is described in geography as the set of processes (economic, social,

cultural, technical, and institutional) that contribute to the link between societies and
people worldwide. It is a dynamic process that intensifies interactions and flows
between different regions of the planet.
3. Formulate your own working definition of globalization for the course.
The term "globalization" refers to the increasing interconnectedness of the

world's economies, cultures, and inhabitants because of cross-border commerce in
products and services, technology, and movements of investment, people, and
information. Globalization is the worldwide integration of commerce, technology,
markets, and monetary systems. Globalization is a key component of capitalism's
economy. Because capitalism must grow in order to succeed, it must do so
internationally. Globalization has existed for millennia. There were worldwide commerce
networks even before contemporary capitalism. Since the 18th century, capitalist
technology and markets have been integrating internationally.
So, globalization is the process through which people and things travel freely across
boundaries. It is primarily an economic term, including the integration of markets,
commerce, and investments with few impediments to the movement of goods and
services across states.

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ACTIVITY 2 (Essay)

1. Differentiate the competing conceptions of globalization.

Globalization is a relatively new concept in the social sciences; however, it has

There are several perspectives on globalization, and it is beneficial to categorize them

The key categories are as follows:

2. Identify the underlying philosophies of the varying definitions of globalization.

GLOBALIZATION: The Underlying Philosophies of Its Varying Definitions

Globalization is a continuous process that is bringing people, neighborhoods,

Globalization is a wide idea that cannot be defined in a single word, statement, or

Globalization, or as it is known in some parts of the world, is driven by the fusion of

Globalization is described in geography as the set of processes (economic, social,

3. Formulate your own working definition of globalization for the course.

The term "globalization" refers to the increasing interconnectedness of the

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