The article goes into depth to argue the world is connected through a global order and we all now live in one world rather than individual nations. Globalization is a heated topic with two sides: the radicals and the skeptics. The radicals believe globalization can be seen everywhere, the global marketplace is growing each year and it only is ignoring national borders. And they believe nations have lost their capability to influence events – the era of the nation state is over. On the other hand, the skeptics undermine globalization, stating that the world has been carrying on just like it has for years, and there just is more contact between regions than worldwide. They basically make globalization sound as an ideology put up by ‘free-marketers’ to destroy welfare systems and eliminate state expenditure.
The lecture declares that while both the skeptics and radicals may both be partly right they still focus too much on economics. There is a political, technological and cultural aspect as well. World trade is at its highest due to having an electronic global economy where money can be transferred across the world all on a computer. There also is instantaneous communication to the entire world with the help of satellite technology. And local impact as well, people debate on issues such as family value or women equality.
Furthermore, globalization explains the end of the Soviet Union. State run enterprises couldn’t compete or block out their competitors. Even on a business scale, there are international chains and multinational companies all over the place. However, as pointed out, globalization is becoming untamable and lots of poorer nations aren’t reaping the benefits compared to large nations such as the United States or China. And we are entering a new age, a ‘global cosmopolitan society’ with economic, technological and cultural imperatives’ that we have to find away to embrace.
Link: http://news.bbc.co.uk/hi/english/static/events/reith_99/week1/week1.htm
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