• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Is globalisation merely imperialism by another name?

Extracts from this document...


Is globalisation merely imperialism by another name? In our modern society the distance between individual nations is becoming smaller and gradually less important. As international trade and investment grow, the economies of these nations are becoming more integrated. This phenomenon has been labelled as globalisation. On the surface, globalisation seems like the most favourable path for the evolution of society, yet it can be argued that eventually the economy will be controlled by a few major organisations, remaining more powerful than any government or the vote of general public. However this has been the situation for many indigenous people across the world from as far back as the 13th century. Throughout history dominant nations have been advancing their own civilizations through exploiting the land, labour, raw materials and markets of weaker nations. This process of capitalist engulfment is known as imperialism. But is this the same as globalisation? There are many similarities between globalisation and imperialism. Firstly, the basic aim of globalisation, for a firm or nation, is to invest and gain a profit, and although early imperialism ...read more.


But do the indigenous peoples of these developing countries have a say in how their lives are shaped by the technological and economical advancements of the more developed societies? Well perhaps their lack of choice is a price they must pay, as without globalisation their economies would suffer due to the lack of imports and new technology. Also, unemployment levels would rise and money would be lost from exports. But surely the citizens of these nations value their freedom and have some concept of the working rights they are entitled to? Unfortunately their governments can only gain foreign interest by serving up workers who will work with no demand for these rights. The most important aspect of globalisation is the fact that it has allows nations to communicate, not only to benefit human knowledge and technology, but to allow the predicaments and voices of millions living in poverty to be heard. However, as the shadow of imperialism still lingers over many nations, globalisation has yet to unite the world in an equal manner, but has united some nations to the extent that the trust between governments is strong, which may, in turn, cause more trust throughout society. ...read more.


It is evident in the public eye that America is the driving force behind globalisation, imposing its culture wherever it can and there is a risk that ultimately the world will choose American products over those of their own country. This may be because of price or quality but may also be because American firms may eventually own the majority of the world's large companies. This could cause traditions, customs, religions and family values to be swallowed up by the US's charge for globalisation as they disregard irrelevant and outdated aspects of certain cultures. So what has changed since the 19th century? Well the answer is, not much, the Third World has ever since been serving its purpose to the west, as a source of high profits. As long as the national leaders are bribed and are protected by US troops, there is no need to change anything. But if globalisation is merely imperialism by another name, the world can expect the same response imperialism has evoked throughout history. Rebellion. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level UK, European & Global Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level UK, European & Global Economics essays

  1. Where does the World Trade Organisation fit in the overall scheme of international public ...

    to products other than wines and spirits will also be addressed by the TRIPS Council. Finally, the TRIPS Council is instructed to examine, inter alia, the relationship between the TRIPS Agreement and the Convention on Biological Diversity, and the protection of traditional knowledge and folklore.107 All these issues for negotiation

  2. Corruption and Globalisation - Both of them have been so pervasive in recent years. ...

    (both domestic and foreign), distorts the size and composition of government expenditure away from education, health and the maintenance of infrastructure towards less efficient projects that have more scope for manipulation and bribe-taking opportunities, and it weakens the financial and tax system, strengthening the underground economy and encouraging links to organised crime groups.

  1. Globalisation of GAP

    Quote from Marka Hansen president of banana republic, highlighting that both the companies entering into the licensing agreement will benefit from the others expertise in that relevant field. Banana Republic are not familiar with the design or production of sunglasses and so have taken the opportunity to find a leader in the sunglasses market to do this for them.

  2. Samuel Greg chose this site because

    No record exists for the lease of land for the Mill itself, as it may have been a gentlemen's agreement. The cost of transport was also relatively inexpensive and more efficient. When comparing it with another popular form of transport, the 'land-carriage', we can clearly see its advantages.

  1. To what extent has globalisation created a 'borderless world'?

    This will tend to make use of the business' competitive advantage by locating production wherever it is most efficient. Businesses are increasingly merging or joining with others, often in other countries, in order to better provide its goods or services to a global market.

  2. How the process of Globalisation might have affected the position of labour in industrialized ...

    Another widely spread theory then talking about Globalisation & Trade and which basically determines nations' trade patterns is the Heckscher - Ohlin theory, also called Standard International Trade theory. It predicts that a country exports the products that use its abundant factors intensively and imports the products using its scare

  1. The Imperial Impulse of Capitalist Greed - THE BELGIAN CONGO

    But despite the probable economic and political benefits, there was no irresistible compulsion or determinism for Belgian imperialism; it was based solely and resolutely on greed. The Belgian colonial effort in Africa began with H.M Stanley's (see figure 1) exploration of the Congo basin in the year 1878, under the instruction of King Leopold II.

  2. Give a reasoned definition of the term Globalisation

    These reactions are intertwined: political policies affect economic strategies, which affect social reactions and vice versa. Thus, in the globalising world we do not only have to cope with the dependencies between local configurations and the semi-autonomous global networks, but we also have to pay attention to the intertwined actions

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work