UNDERSTANDING

GLOBALIZATION
Rise of the g-word

- Originated from the word ‘globe’

which was derived from the Latin 2
‘globus’
- Globe became an adjective
meaning ‘world scale’ in the late
19th century later becoming
globalize in the 1940’s then
globalizatioon in 1959
WHAT IS GLOBALIZATION?
-a respatialization of social life that is
used to describe the growing
interdependence of the world’s 3

economies, cultures, and populations,

brought about by cross-border trade in
goods and services, technology, and
flows of investment, people, and
information.
 “
REDUNDANT
By CONCEPTS OF

JAN GLOBALIZATION

AART
SCHOLTE
4
 Globalization
as
Internationalization
refers to a growth of transactions
and interdependence between
countries
 Globalization
as
Liberalization
denotes a process of removing officially imposed
restrictions on movements of resources between
countries in order to form an “open”and “borderless”
world economy.
 Globalization
as
Universalization
describe a process of dispersing various
objects and experiences to people at all
inhabited parts of the earth.
 Globalization
as
Westernization
which social structures of modernity (capitalism,
industrialism, rationalism, urbanism, etc.) are spread
across all of humanity, in the process destroying pre-
existent cultures and local self-determination.
NEW CONCEPTION OF GLOBALIZATION

Globalization as
the spread of
Transplanetary
involves reductions in barriers to transworld
social contacts– physically, legally, linguistically,
culturally, and psychologically – to engage with
each other wherever on earth they might be.
 “
GLOBALIZATION
AS
“GLOBALONEY”

10
REJECTIONISTS
Dispute the usefulness of
globalization as a sufficiently
precise analytical concept.
 SCEPTICS
Emphasizes the limited
nature of current globalizing
process.
 MODIFIERS
Disputes the novelty of the process implying
that “globalization” has often been applied in
a historically imprecise manner
 “
GLOBALIZATION
AS
ECONOMIC,
POLITICAL AND
CULTURAL
PROCESS

14
EFFECTS
ON
HUMANITY 15

Is globalization good
or bad?
References

Scholte, J. A. (2007) “Defining Globalization”,

Clm.economia, 10 15-63
What Is Globalization? (n.d.). Retrieved from 16

https://piie.com/microsites/globalization/what-
is-globalization.html