Friday, May 22, 2020

An Overview of Globalization Essay - 2486 Words

Kofi Annan, a UN diplomat, once said, â€Å"...that arguing against globalization is like arguing against the laws of gravity.† Introduction It is very important to study globalization because understanding the contemporary international political economy is an essential part of being an informed citizen. Understanding globalization is a very important part of learning about our human involvement with the environment and society. Our daily experiences at†¦show more content†¦One way to classify globalization is as being composed of cultural, economic, political, and technological components that connect groups and individuals across the global landscape. Even though there has been a sharp increase in the technology of communication and it has basically eliminated physical distance, it has created a very different way for us to interact globally. The main culprit of this has been the Internet. And even though the Internet has been probably the greatest invention this century, it has divided just as many people and groups as it has connected. The other fact is that local interaction between people and groups is still necessary. On the other hand the Internet has opened a huge range of choice for groups as well as individuals. This fact has offered greater depth and more opportunities to choose how much information we get as well as what kind of information we want. Digital technology has definitely changed how groups and individuals interact on a global scale. How we study Globalization There are two main theories that help us in observing and studying globalization. Theses two theories are those of political economy and international relations. When studying globalization we also use four other theories in order to gain an accurate perspective on how globalization affects us and how other people view it. 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