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3 General Categories of Globalization
1. Hyperglobalist Thesis
2. Sceptics Thesis
3. Transformationalist Thesis
Sceptics
Transformationalist
I. Sees globalization as a new epoch of human
history, where traditional views of political structures are
"unnatural," "outdated."
II. Privileges economic logic.
III. Tends to celebrate a single global labor market.
IV. Globalization is brinning about "denationalization,"
"decententralization," and "deterritorialization."
V. 'Borderlessness' (Transboundaries)
National Economies/ National gov't. (transmission belts).
I. Is the dawn of a new millennium.
II. Globalization is the central force
behind rapid social, political,
economic, and cultural change.
III. Economic, Militarily, (Im)migration,
technological, and cultural flows are
unprecedented.
I. Draws heavily on statistical evidence of
world trade flows and trends.
II. Integrated worldwide economy in
which the 'law of one price' prevails.
III. Economy has under gone a significant
'regionalization' of financial spheres,
trading blocs, and trade agreements.
Globalization is a contested concept!
Five (5) Broad Concepts:
1. Internationalization-Cross-border relationships.
2. Liberalization-removing state imposed restriction/ barriers.
3. Universalization-planetary synthesis of cultures in a Global Humanism.
4. Westernization (modernization)- Diffusion of social structures of capitalism, rationalization, industrialization, bureaucratization, individualism, epitomized by Americanization.
5.Respatialization-(re)configuration of social geography with increased transplanetary connections between people.
"On any sober intellectual reckoning, this is a curious outcome indeed. For the very idea
of globalisation as an explanatory schema in its own right is fraught with difficulties"
(Rosenberg, 92).
Career of a Concept
"The term 'globalisation', after all, is at first sight merely a descriptive category, denoting
either the geographical extension of social processes or possibly, as in Giddens'
definition, 'the intensification of worldwide social relations" (Rosenberg, ibid).
Giddens, calls modernity, as a purveyor of globalization.
In 1960, the term Globalization began to take an intense popularity, in 1961 Merriam-Webster Third International Dictionary offered the first definition; soon after, there was a rise in news paper articles, professional articles, books, and part of the general lexicon. .
Substantial dictionaries and encyclopedias of
globalization as well as multi-volume anthologies of globalization, including by the present
authors (James et al., 2007–2014; Steger, 2011; Steger, Battersby, & Siracusa, 2014), have
been published, which explore the phenomenon in all its complexities (James & Steger, 419).
"Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa," according to Giddens (60).
7 Now, since no-one
denies that 'worldwide social relations' do indeed exist today in ways and to a degree
that they never did before, there can be no objection to calls for a theory of globalisation,
if that means an explanation of how and why these have come about. But such
an explanation, if it is to avoid empty circularity, must fall back on some more basic
social theory which could explain why the phenomena denoted by the term have become
such a distinctive and salient feature of the contemporary world. (Globalisation as an
outcome cannot be explained simply by invoking globalisation as a process tending
towards that outcome.) Yet if that were so, and if, for example, time-space compression
were to be explained as