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Globalization can be partly responsible for the current global economic crisis. Case studies of Thailand and the Arab nations' view of globalization show that globalization is a threat to culture and religion, and it harms indigenous people groups while multinational corporations profit from it.
Within the media and pop culture, it has shaped individuals to have certain attitudes that involve race issues thus leading to stereotypes. [11] Technology is an impact that created a bridge that diffused the globalization of culture. It brings together globalization, urbanization and migration and how it has affected today's trends. Before ...
Global cultural flow involves the flow of people, artifacts, and ideas across national boundaries as result of globalization. [1] [2]: 296 Global cultural flows can be observed in five interdependent 'Landscapes', or dimensions, that distinguish the fundamental disjunctures between economy, culture, and politics in the global cultural economy.
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]
Hirst and Thompson note that globalization is an important topic, not only in economics, but also in the social, political and managerial sciences. There is much talk of the "global village" and it is often argued that a truly global economy has emerged, or is in the process of emerging.
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 homogenization is an aspect of cultural globalization, [1] [2] listed as one of its main characteristics, [3] and refers to the reduction in cultural diversity [4] through the popularization and diffusion of a wide array of cultural symbols—not only physical objects but customs, ideas and values. [3]
The concept of "something" vs. "nothing" plays a large part in understanding Ritzer's Globalization. Society is becoming bombarded with "nothing" and Ritzer seems to believe that the globalization of "nothing" is almost unstoppable [30] Ritzer's aforementioned The Globalization of Nothing (2004/2007) stakes out a provocative perspective in the ...