Modernity refers to means of social, the world since 18th century onward improved in many aspects like communication, new innovations, and various development of science. The main ideas that shaped the modern world were the rise of intellectual thinkers like Hobbes, Locke, Rousseau, Marx, Durkheim, Weber, Voltaire and others after the collapse of the Church control over state and the rise of secular state. Each of intellectual thinkers had collaborated to contribute for new ideas and thoughts to develop the social science, sociology, psychology and science. In modernity there was a “moving from a system based upon the manufacture of material goods to one concerned more centrally with information” (Gabbines, 1990 P.2). Capitalism was the major transformation that shaped the modern world.
9. Quality appraisal and reward systems: organizations will be required to share gains of higher periodicity with workers more objective and result oriented systems of performance, appraisal and performance linked compensation will have to be developed.. 10. Modern personnel policies: new and better polices will be required for the work force of the future. Traditional family management will give way to professional management with greater forces on human dignity. Converting Human Capital into intellectual
There is some evidence to suggest that this cultural sphere has influenced also the style of communication. Indeed, the communications, inside an individualistic culture, have influenced by rational principles, in other words, non-interference and equality. As concerns the corporatism, it is possible to specify that corporation, in the society with a high level of individualism, tends to hire people, which have achieved a high level of education and professional experience. Individualism influences also the legal system. In fact, there is some evidence that the individualistic countries have a stronger legal system, such as law, regulations and rules, which defends their rights (Lyu, Yuen, & Zhang, 2016).
Modernisation theory according to Mouton (2001; 27) refers to the transformation which takes place when a traditional society changes to an extent that new forms of technological organisational or social characteristics of an advanced society appears. Features that are associated with modernity can be shown to be related to the set of changes that brought into being the industrial type of society. Hence, industrialism is a way of life that encompasses profound economic, social, political and cultural changes. It is undergoing the comprehensive transformation of industrialisation that societies become modern. (Kumar, 2016) Modernisation includes different disciplines as it seeks to explain how society progresses, what variables affect the progress and how societies can react to that progress.
The question regarding Korea’s modernity has resulted in different interpretations of South Korea’s colonial past. Globalization refers to the increasing interconnectedness and integration between international boundaries, which arises from improved transport and communication technology. Globalization facilitates the transfer and sharing of ideologies during the colonial era. This paper will assess the two dominant modes of studying Korea’s colonial history, namely the ‘exploitation theory’ and ‘modernization theory’, and determine the ideal method. Consequently, this paper would come to a conclusion that colonialism accelerated Korea’s modernity as it opened the country’s doors to the positives of foreign influences.
Finally, it will provide some criticism toward modernization and dependency theories. Modernization is defined as a process of shifting from traditional pattern of life to become modern nations, especially in terms of their industrial and political systems (Preston, 1996), and their reforms of economy, culture and society (Rapley 2002). According to Rostow (1971), modernization is also understood as westernization, a linear development process which consists of five stages of growth, including moving from traditional society to preconditions for take-off, take-off, the road to maturity, and the age of mass consumption (as cited in Mckay, 2016). It seems that this theory stemmed from main factors that are underlined in these two ideologies particularly capitalism and communism. The argument and political conflict occurred in the period of 1950 - 1960s between the two giants of USA and USSR which are very well known as notion of bipolarity (McKay, 2016).
The liberal tradition is closely connected with the emergence of the modern liberal state. John Locke in the 17th century he saw a great potential for human progress in modern civil society and the capitalist economy both which could then flourish in states which guaranteed individual liberty(Jackson, 2013: 100). Modernity projects a new and better life free of authoritarian rule and with a much higher level of material welfare. Liberalism as a theory, they do take morality into account they see it as an important value of the
Modernity and its Impacts on Traditions and Culture Ever since planned development started in 1961, Bhutan has rapidly modernized providing people with basic needs and luxurious lifestyles. Globalization has enhanced the availability of goods from one part of the world to isolated countries like Bhutan encouraging consumerism. With Bhutan’s modernization and access to technological development, many traditional values and customs are being lost. This paper describes some reasons for loss of traditional values and culture in Bhutanese society. It discusses the impacts on traditions and customs through the transformation of family, technology, drug addiction and modern education.
Based on our understanding of the meaning of ‘civil society’, we prefer to look it as the product of a nation-state and capitalism. The word ‘civil’ became popular as the feudalism decline in the 16th century as people now talked about how they have improved from a decent, primitive society to a more complex and civilize way of life. They spoke about the importance of manners and values at homes, schools and even government emphasis about it. As people became more civilized, ‘more class’ and more progressive social order emerged compared to the feudal era. Many philosophers sought to describe on the changes that were transforming the European nations and Western culture (Elias, 1994).
Based on history, change is inevitable. Management accountants must evolve by gaining a greater understanding of the business; the flow of inputs and outputs. This alleged change will be based on a new economy, a new organisation and new accounting. The new economy will be influenced greatly by innovation and electronic activities which may outsmart people in time. This will impact the way in which we do business, the role of information and the way we communicate.