Is Globalization New?

Essay by daniel_510University, Bachelor'sA-, April 2009

download word file, 4 pages 4.3

"Accordingly, globalization is not only something that will concern and threaten us in the future, but something that is taking place in the present and to which we must first open our eyes." Ulrich BeckNow more than ever, the forces of globalization are striking our world. But this doesn't take away the fact that globalization has been going around for quite a while. In "The World Is Flat", Thomas L. Friedman analyzes several factors that have caused globalization to speed up during the last decades. But first, what is globalization? In his book "Making Globalization Work" Joseph E. Stiglitz describes globalization as "the international flow of ideas and knowledge, the sharing of cultures, global civil society, global environment movement" and more over the "the closer economic integration of the countries of the world through the increased flow of goods and services, capital and even labor" (1). Globalization is spread throughout several fields, such as politics, culture, economy, technology and the environment.

Worldwide, these areas are going through a period of transformation and progression causing our world to become homogenous and flat. Even third world countries are having the opportunities developed countries once had to emerge into prosperity. However globalization is not new; countless events through which this process is evident have been going on for decades, nonetheless, between the late twentieth century and early twenty-first, globalization has intensified.

Globalization, Not NewGlobalization can be seen since the colonization of the Americas in the 16th and 17th centuries. By setting up colonies in the Americas, Portugal, Spain, France and England encouraged the association of cultures and economies. Ideas and goods started flowing to the western hemisphere from these European nations resulting in the integration of both hemispheres. However it was not until 1892 that the adjective "global" was first introduced by Harper's...