The dramatic obliteration of the Berlin Wall in 1989 had brought the Cold War Era come to an end, as the US and the Soviet Union backed down. The old and isolated world that is full of borders had changed dramatically through breaking barriers. Hence, gave birth to a new borderless community. The end of the Cold War has also created a fervent and profound change in the global community. The book Lexus and The Olive, for instance, mainly focuses on the new era of globalization and the changes within this period and how the world tried to grasp the new system without abandoning the old ones. In some scenario, it also gives a picture of the world, whereas the half of the globe is developing through innovations and leaving the old system behind …show more content…
In addition, the emerge of this new “ironic” world has various phenomena of environmental destruction and environmental restoration, triumph of both liberal and free market capitalism and even the balance between nation-states subsequently the rise of powerful states. The balance between the actors in the world made the system of globalization works. Furthermore, the book tries to explain four things about globalization. First is to know how the system works. Second, is to explain how individuals, state or non-state actors interact with this system. Third, is to identify the downsides of globalization and last is to explain the role of the US in stabilizing this system and how this state became a key actor for globalization. To begin with, the new system of globalization is an encompassing process of change. It involves the inescapable march to new technology and democratization of various idea this is why the main perspective of globalization is “integration”. Moreover, the system of globalization could stand by its own feet since it has its own demographic pattern which explains why people from rural areas move to urban area just to follow the trend in the global scene, also it has its own dominant culture mainly the reason why it tends to homogenize …show more content…
This argument was best described by stating the author creating a disease called “Microchip Immune Deficiency Syndrome”. This syndrome tends to affect a country or a company that fails to adapt to the changes in the system. Subsequently, making this country or company left behind as it fails to connect to the world. Since, globalization usually has its pros and cons, it can be the door to an interconnected world with fast connections that could make economics more efficient, on the contrary, it is not open to all, especially to countries that are far behind and cling to their olive tree very tight as these countries engage to the “backlash” brought by the globalization. In the final part of the book, the author argues that US has a vital role in this new era of globalization. The author urges to make the American model as the basis in creating an economic model for other countries. Aside from that, the author asserted that the military capability of US brought stability for the rest of the world. On top of that. US had heavily influenced the military, finance, film and Internet industry, which brought US as the “capital arrogance”. For that, the new era should instead be called the “Americanization” rather than
Today, after going through the information revolution, the United States are planning or framing up ‘New World Order’ that is based on the three points that one is the military power which centered nuclear weapons in it, and second is holding dollars as a key currency, and also third is the occupation of English language as a computer language and common words. E.W. Said just commented about this point in his book ‘Culture and imperialism’ that after the Cold War it seems that in the ‘New World Order’ suggested by the United States government, with self-admiration, a victory declaration for show and a sense of responsibility exaggerated, most of rhetoric were preoccupied by a person’s words of Conrad described.
It shows how the current generation could be heading the same
Globalization has benefited so many to a very far extent, but it has also hurt many other
Do you ever wonder find yourself wondering how we lived in a world without the internet, smartphones, and televisions? This new world of technology that we live in today is do to the globalization “super story”, which enables us to put things in ways we, individually, can comprehend. Thomas Friedman, an American journalist and three time Pulitzer Prize winner, suggest in his article “Globalization: The Super Story”, that the world has shifted from the international Cold War system to the new international system of Globalization. In other words, the world has adapted to a system of integration rather than divide. Overall, I perceived the article to be terrifying convincing, yet, upon further review I discovered to issues and lack of empathy from Friedman 's point of view.
However, today I find the term to be associated with cynicism. “American” to me means obnoxious, prideful, uncompromising, and self-serving. I feel this way because although I know there is some good that still exists in America, I find that the country has torn itself
Summary of Evidence SOURCE B (THE BERLIN WALL: A SECRET HISTORY) The Berlin Wall separated many families as it divided Berlin into a communist and capitalist state. This division spread anger throughout the world as it became an international crisis. This worldwide anger proves that the Wall did not only cause a physical division but divided communist and capitalist countries throughout the world. This divide was known as the Iron Curtain.
*Thus, it can be conferred that "America Works" is a cross-reference to the
The United States has undergone major transitional phases in order to become the country it is today. One of its greatest periods of change occurred in the years 1865 to 1940, in which the U.S.’s growing emphasis on strong economic policy changed its interactions with foreign countries, its image to foreign countries, and what role it’s willing to play in the world. These tireless efforts to become an economic powerhouse was a major driving force in the U.S. actions during this time and ultimately allowed it to change its image on the global stage from a new. To begin to understand what caused these dramatic changes in the how the U.S. interacts with the rest of the world, it is imperative to understand the origins of its more capitalist roots,
Globalization is a massive thing that affects every person on the planet in one way or another. This source raises the argument that globalization is a disease that harms people in more ways then it helps and needs to be stopped before it wipes out the human race. This raises a good point is some ways because globalization does harm humans in many way such as losing jobs due to outsourcing and the people who get the outsourced jobs are put into horrible working conditions and underpaid without benefits. But it also helps in some ways with trade and communication strengthening the relations of countries. I do agree with the source that globalization harms many people but not quite to the extent that the author goes to, I think that
(Collins, 2015) But then continues with some points that seem more valid to me, "The general complaint about globalization is that it has made the rich richer while making the non-rich poorer"(Collins, 2015) and "Globalization is deindustrializing America as we continue to outsource both manufacturing blue collar and white collar jobs. "(Collins, 2015) Because we are in a whirlwind of globalization we loosing jobs ourselves.
I. INTRODUCTION a. BACKGROUND: Globalization is a process of interaction and integration among the people, companies, and governments of different countries, a procedure compelled by international trade and investment, and supported by information technology. Furthermore, this process has an effect on various other systems such as on the environment, culture, political systems, economic development and prosperity and lastly, on human physical well-being in societies around the world. “Since 1950, for example, the volume of world trade has increased by 20 times, and from just 1997 to 1999 flows of foreign investment nearly doubled, from $468 billion to $827 billion” (York, 2016). Technology has been another primary driver of globalization,
Introduction Globalization is a fact of Economic Life – Carlos Salinas De Gortari. Globalization is not a new thought. This process of interaction and integration among the companies, people and government of different countries is happening from ages. Technology has been the major driver of globalization. Economic life has been transformed dramatically by the advances in information technology.
The G20 is an international forum for the governments and central bank governors from 20 countries. It seeks to address issues that go beyond the responsibilities of any one organization. The G20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008. The latest one is hold in Hangzhou, China. Most people thought it important and it made the economic globalization more stable.
The activists in this development denounce generally, multinational companies of having wild political power, budgetary markets. The financial limit gives the partnerships and the mechanical pioneers the ability to expand the pattern for their own particular advantage. Along these lines, their financial advantages will be of prime significance during the time spent globalization. Hostile to globalization activists propose more alluring headings instead of following the bearing of monetary globalization. Globalization has to a great extent affected the ecological factors as it has expanded the level of a worldwide temperature alteration, exhaustion in the ozone layer, the ascent in the ocean level and lessening in the water supply as it is subject to expanding measure of transportation, generation.
4.0 Implementation 4.1 Broader perspective Globalization is affected by various factors that drive towards its existence and formation in the society and a set of these macroeconomic factors. As per this analysis we can get an overview of the current economy of the country that helps the researcher to make relevant suggestions and recommendations that can benefit the economy as well as society to make them believe and trust that the globalization enhances their behaviour and life style. PEST Analysis: Source: Visual.ly website PEST Analysis of Saudi Arabia Political environment Giddens and Griffiths (2006, p. 59) states that mainly there are three reasons why politics has become one of the main drivers of globalization.