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 ?
Where blue-collar parents could once produce white collar children or grandchildren, such a gradual ascent may no longer be meaningful or likely in a globalized world.
However, it is not possible to determine the extent to which RIM functions can be globalized or internationalized or support their businesses in such activities until all these aspects are understood.
But the simplistic formula of access and opportunity equaling racial progress denies the complexity of racism and its globalized effects on sports and society as a whole.
Power, control--who has the power, who is controlling whom, where, and when in a globalized society?
Jiang Chunyun, vice chairman of Standing Committee of the National People's Congress said in his opening remarks that the meeting aims to discuss ''co-existence and co-prosperity'' in the globalized economy by addressing such challenges as poverty and the environment.
The twentieth century is the only century which has witnessed globalized warfare - one from 1914 to 1918 and the other from 1939 to 1945.
In this world where industry is globalized, where markets are globalized, where communications are globalized, we Christians have to learn to globalize justice, solidarity and fraternity.
It is this globalized border of the 1990s that Sebastian Rotella brings alive with sometimes chilling storytelling in Twilight on the Line: Underworlds and Politics at the U.
But as he has done repeatedly in preparing for the papal visit, Castro also tried to make common cause with the pope's own message of social justice, and concern for the poor in an era of globalized capitalism.
Chapters 1 and 2 describe globalized software as software that is designed in such a way that it can be easily modified for various international markets.
This can lead to impediments to global trade in the form of double taxation of income as each country claims that income of a globalized business was earned in its jurisdiction.