Second World War Globalization

1707 Words7 Pages

Globalisation is not a contemporary concept that just describes the worldwide exchange of global views, commodities or culture. In fact, it may have had its origin as far back as the colonization of the first civilizations. Besides, its clear definition remains non-consensual due to its ongoing status. Nevertheless, the main issue of nowadays’ debates focus on the concrete phenomenon that followed the Second World War resulting in the internationalization of companies and the lowering of trade barriers that enabled the interchange of products, services and capital. Several events, such as innovations in science, technology and means of transportation and communications played a vital role in the increase in transactions between nations around …show more content…

These interpretations are due to the fact that countries like the US reflect their principles of freedom and respect that are characteristic of powerful economies or the ones aiming to get there. Yet again, other countries see what surrounds and what might be the key requisites to prosperity and, progressively, begin to accept and adopt those rules. This happened with the former nations of Europe and Asia, such as the Soviet Union, for instance that replaced its communist party by 15 independent republics or even in Latin America, where the last decades have been regarded as crucial as a result of the end of totalitarianism and acceptance of lower barriers and foreign …show more content…

Nevertheless, it is also factual that the concept of globalisation brings the various strands closer, meaning that economic globalisation cannot be virtually separated or happening without the existence of social, political or cultural globalisation. Assuming that - and safeguarding the impact of the word ‘inevitably’ that may lead to a definite and doubtless interpretation - I defend that this relation between economy and politics might be gradually accurate and predictable. Moreover, the relation does not seem to be unilateral, but bilateral, since companies can now amenably penetrate some markets that were unapproachable before the 1980’s, for

Open Document