Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … globalization and the problems associated with it really clear, especially in the second paragraph under the sub-heading, "The Darkening Future of Democracy" (on page 6). In this paragraph, author Benjamin Barber points out the downsides of living in a "McWorld" clearly and concisely. He admits at the start of the passage that "McWorld does manage to look pretty seductive in a world obsessed with Jihad," and lists the benefits of globalization as "peace, prosperity, and relative unity." These things come at the cost, though, of personal liberty. He points out that order and tranquility are only things that a global market requires, as well as limited freedoms, most of them having to do with the freedom to buy things. It doesn't matter if people live in an incredibly repressive dictatorship, or even a regime that makes a habit of murdering its own populous, so long as there are enough people left to buy things and this regime doesn't disrupt other countries, which has the effect of limiting the market there.
The last sentence of this paragraph is especially foreboding given the article's content: "In trading partners, predictability is of more value than justice." This predictability is not and could never be a part of democracy; democracies must change with the will of the people, and so might have periods of instability. In fact, Berber notes, "Multinational corporations sometimes seem to prefer doing business with local oligarchs, inasmuch as they can take confidence from dealing with the boss on all crucial matters." Consistency and predictability are almost by definition easier to find in harsh dictatorships or oligarchies than democracies. The real danger I see in this is the possibility of a totalitarian state that looks like a democracy, such as the imagined by Aldous Huxley in Brave New World and which is every similar to the McWorld Barber sees us approaching. It might, in fact, already be happening, as warrant-less wiretapping becomes executive practice, and perhaps even more insidiously through the attempts of companies like Google to maintain huge databases of information about consumers. What's truly amazing is that this was written 16 years ago, and the problems have only gotten worse.
Globalization and competition within the international markets demands that multinational corporations employ a series of strategies aimed at ensuring that they maintain a competitive advantage over their rivals. Such strategies can never be realized without first being aware of the external environment differences. An external environment analysis is therefore a key factor in the formulation of a successful internationalization strategy (Kennedy,1984).In this paper, we explore the concept of external environmental
Globalization has had a significant effect on all domains and it is difficult for particular bodies to stay out of the process, considering that it is constantly progressing and that more and more individuals are experiencing both positive effects as a consequence of the fact that they need to develop more complex thinking that can assist them in keeping up with the rest of the world. Financial institutions and financial
Globalization Does world trade make the world smaller by bringing people closer together? Or does it divide the globe by creating winners and losers through greater inequality? Globalization is a complex phenomenon that is often misunderstood. Part of this trend deals with a movement toward more integrated economic and political systems. Yet, today's societies face both an internal and external political environment and socio-economic factors that are marked by unprecedented levels of
That said, Goodhart believes that global governance, if pushed too far into sovereign nations' doings, can in fact undermine popular sovereignty as "a viable conception of democracy" but it is not doing that and in fact, in a globalized world that is increasingly interdependence needs a new kind of democracy. The new sovereigntists' views are normative while Goodhart's are more along the lines o positivism. Basically, Goodhart argues that
They might only be more efficient when externalities are not considered, but in the real world of globalization externalities are important. Understanding what to do about these problems and how to take advantage of the opportunities presented by globalization requires a strong understanding of what globalization is, and even that remains a point of some contention. Works Cited: Higgott, R. & Reich, S. (1998) Globalisation and sites of conflict: Towards definition
Globalization of the Fashion Industry Not so long ago, globalization was an only theoretical term businesses used as a "what if" situation. Today, globalization is a reality. Through lowered trade restrictions and increased international cooperation, countries are increasingly affecting one another both culturally and economically. Fashion is one of the largest sectors that has both facilitated globalization and has benefited from this phenomenon. Increases in mass media communication, has meant fashion