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Examine and evaluate the arguments for and against the growth of globalisation.

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Introduction

Globalisation INTODUCTION: The item "globalisation" was used actually in the 1960s and early 1970s, but the concept of globalisation was can be traced back to nineteenth and early twentieth-century in many intellectuals, such as sociologist Saint-Simon and geopolitics MacKinder, who recognized how modernity was integrating the world (Held, McGrew, 2000). However, although there were many discussions about globalisation over the last two decades, it is still a problematic concept and hard to trap solely in economics paradigm. Giddens identified globalisation as "the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events many miles away and vice versa" (Giddens, 1990). Robertson pointed out that the globalisation is "the compression of the world and the intensification of consciousness of the world as a whole...both concrete global interdependence and consciousness of the global whole" (Robertson, 1992). Among other concepts, globalisation has been variously conceived such as time-space compression, accelerating interdependence, a shrinking world. Ideas of 'globalisation' are so broad, so diverse and so changeable that it sometimes seems possible to pronounce virtually anything on the subject. Globalisation, in other words, assumes a modernized, rationalized world, but a world where--alongside globally institutionalised rationalization--nostalgia and the search for authenticity through the construction of memory and the vitalisation of mythic pasts have become reutilised; a world where tribalism, ethnicities, national yearnings, and otherness, in general, have surfaced as potent forces; a world, ironically, made small and vulnerable to tradition by the project of modernity itself (Robert B. ...read more.

Middle

In the case of global transactions, in contrast, 'place' is not territorially foxed, territorial distance is covered in effectively no time, and territorial boundaries present no particular impediment. Globality describes circumstances where territorial space is substantially transcended. Such like Coca-Cola and faxes 'touch down' at territorial locations, but they are also global in the sense that they can extend anywhere in the world at the same time. The geography of, for instance, Visa credit cards and world service broadcasts has little to do with territorial distance, and these transborder flows - that is, relations that transcend territorial frontiers - largely escape controls at state boundaries. All such circumstances reside at least partly across the planet as one more or less seamless sphere. Global conditions like Internet connections can and do surface simultaneously at any point on earth that is equipped to host them. Global phenomena like a news flash can and do move almost instantaneously across any distance on the planet. Place, distance and borders only retrieve vital significance in respect of global activities when the earth is contrasted to extra terrestrial domains. There are some examples of global activities: Communications: * Air transport * Telecommunications * Global publications Markets: * Global products * Global sales strategies Finance: * Global foreign-exchange markets * Global banking * Global insurance business Organisations: * Global governance agencies * Global companies My argument: Globalisation is not new, though. ...read more.

Conclusion

Resistance to globalisation has therefore taken shape both at a popular and at a governmental level as people and governments try to manage the flow of capital, labour, goods, and ideas that constitute the current wave of globalisation. COCULSION: In sum, most distinctive conception sees globalisation as a fundamental transformation of human geography on the eve of the twenty-first century; world affairs have acquired a rapidly growing global dimension alongside the territorial framework of old. Of course - and this point cannot be stressed too much - it is not that territorial space has become wholly irrelevant in contemporary history. We live in a globalising rather than a completely globalised condition. Global spaces of the kind formed through telecommunications, transworld finance, and the like interrelate with territorial spaces, where locality, distance and borders still matter very much. Thus, for example, people have not while acquiring a global imagination discarded their affinities for particular territorial places. Similarly, global marketers have found on countless occasions that they need to tailor their products and promotions to local sensibilities. Globalisation is a process of interaction and integration among the people, companies, and the 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. ...read more.

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