Search results
Results from the WOW.Com Content Network
Although globalization has promised an improved standard of living and economic development, it has been heavily criticized for its production of negative effects. Globalization is not simply an economic project, but it also heavily influences the country environmentally, politically, and socially as well.
Multilateral organizations such as the WTO necessarily support globalization in their encouragement of trade between nations. This has some undeniable benefits—a majority of countries see more employment opportunities, an increase of real wages, higher rates of technological innovation, and an overall higher quality of life, especially for ...
McDonald's is commonly seen as a symbol of globalization, often called McDonaldization of global society. Globalization has strongly influenced sports. [91] For example, the modern Olympic Games has athletes from more than 200 nations participating in a variety of competitions. [92]
The graph shows two periods of deglobalization (1930s and 2010s) and the overall trend since 1880. Periods of deglobalization have mainly been seen as interesting comparators to other periods, such as 1850–1914 and 1950–2007, in which globalization had been the norm, given that globalization is the norm for most people and because the interpretation of the global economy has mainly been ...
The book deals mainly with the effects of globalization. It describes a growing social divide as a result of "delimitation" of the economy and a loss of political control by the state over the economic development, which is increasingly controlled by global corporations. The authors warn of a so-called "20-to-80-society". [3]
The anti-globalization movement, or counter-globalization movement, [1] is a social movement critical of economic globalization. The movement is also commonly referred to as the global justice movement , [ 2 ] alter-globalization movement, anti-globalist movement, anti-corporate globalization movement, [ 3 ] or movement against neoliberal ...
Globalization and Its Discontents is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The title is a reference to Freud's Civilization and Its Discontents . The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from 1993 and chief economist at the World Bank ...
Cultural globalization creates a more efficient society while also limiting how it can operate. Anna Tsing, an American anthropologist, explains that Friction makes global connections between cultures effective while also preventing globalization from being a smooth transition of power. [21]