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The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century ), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization ).
Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization. [ 12 ] Proponents of globalization point to economic growth and broader societal development as benefits, while opponents claim globalizing processes are detrimental to social well-being due to ...
Geopolitical economy is a contemporary Marxist approach to understanding the capitalist world historically. [1] It was proposed by Radhika Desai in her Geopolitical Economy: After US Hegemony, Globalization and Empire [2] as a critique of contemporary mainstream theories of International political economy (IPE) and International relations (IR). [3]
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
The 1990s saw a dramatic advance in technology, with the World Wide Web. [4] Predominant factors and trends included the continued mass mobilization of capital markets through neoliberalism, the thawing and sudden end of the Cold War after four decades of fear, the beginning of the widespread proliferation of new media such as the Internet and email, and increasing skepticism towards government.
World history (field), or global history, a field of historical study that takes a worldwide/global perspective; Big History, an academic discipline that takes an astronomical perspective (from the Big Bang to the present) Chronology of the universe, the history and future of the universe according to Big Bang cosmology
"First globalization" is a phrase used by economists to describe the world's first major period of globalization of trade and finance, which took place between 1870 and 1914. The "second globalization" began in 1944 and ended in 1971. This led to the third era of globalization, which began in 1989 and continues today. [1]
Barron's senior managing editor Lauren Rublin interviews TS Lombard's Freya Beamish and Guggenheim Partners CIO Scott Minerd about the impact of deglobalization on countries, companies, and investors.