globalization

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globalization

Operating around the world. Although many large companies have globalized for decades, the Web, more than any other phenomenon, has enabled the smallest company to have a global presence. See localization.

globalization

A mulifaceted process in which the world is becoming more and more interconnected and communication is becoming instanteneous. Aspects of this process include:
  1. the transformation of the spatial arrangement and organization of social relations involving ‘action at a distance’, a stretching of social relations and transactions (and power), including instantaneous communications across time-space;
  2. the increasing extensity, intensity, velocity and impact of global social relations and transactions (see Held et al. 1999);
  3. the creation of new networks and nodes – the ‘network society’ (CASTELLS) – associated with the new levels of dependence on knowledge/ information and ‘expert systems – the ‘information’ or ‘knowledge society’ – as well as the new risks associated with this – RISK SOCIETY;
  4. a dialect between the global and the local in which (consistent with a dialect of power and the duality of structure) the outcome is not a simple triumph of the centre over the periphery, mere Americanization’, or suchlike (see also MCDONALDIZATION).

As Held et al. (1999) suggest, a ‘vibrant’ ongoing debate exists on the characterization of globalization between three groups of theorists:

  1. ‘hyperglobalizers’ (e.g. Ohmae 1990; 1995) for whom global marketization is the main driver;
  2. 'S ceptics’ (notably Hirst and Thompson 1996a and b), who play down the level and distinctiveness of the change;
  3. ‘transformationalists’, including GIDDENS, for whom globalization is a distinctive new phase such that societies and states across the globe are experiencing profound social as well as economic changes – a ‘massive shake-out’ of social relations, economies, governance and politics – as they seek to adapt to an increasingly interconnected but also unpredictable and uncertain world.
References in periodicals archive ?
In contrast, the transnational democratic globalizers have a more limited scope for action, and appear to be most successful when they seize on key shifts in political opportunity structures.
4) Dollar and Kraay [2004] use two different measures for identifying post-1980 globalizers, the growth in trade relative to GDP and the reduction in average tariff rates.
In the case of the current government, the Prime Minister, Thaksin Shinawatra, a wealthy businessman who made his fortune by monopolizing the sale of electronics to the military, could be described as a globalizer par excellence.
It's not just that dreaming is essential for maintaining any resistance, but because today, if we do nor think big -- as big as the globalizers themselves think -- we will nor even win small.
Its not just that dreaming is essential for maintaining any resistance, but because today, if we do not think big--as big as the globalizers themselves think--we will not even win small.
CHARLESTON DOCK WORKERS; UNDER THE GUN OF THE GLOBALIZERS
19] Detaching citizens from their home political community fits perfectly with the agenda of corporate globalizers.
will probably mothball the antitrust division of the Justice Department, throwing open the doors to the globalizers, consolidators and other monopolists.
Cut free from traditional mores, the atomized self often looks to the modern globalizers for a moral vision rather than turning to traditional social institutions such as the family and religion.
74) In reflecting on the Muslim world's struggle to define its cultural and political symbols, it will be helpful to examine three groups of Muslims (conservatives, globalizers, and reformers) who view the challenges of globalization differently.
This is precisely why rapid globalizers in the tire industry, such as Goodyear, Michelin, and Bridgestone, now hold considerable advantage over slower ones, such as Pirelli and Continental.
Hypothesis 2: Managers of born global firms will have more international experience than managers of gradual globalizers.