GLOBALIZATION: THREE VIEWS

After more research and discussion on globalization and its effects on media interactivity, I learned that there are three dominant schools of thought regarding globalization: hyperglobalists, skeptics, and transformationalists. Hyperglobalists hold the view that contemporary globalization has made all people increasingly susceptible to disciplines of the global market. The worldwide denationalization of economies is a direct result of economic globalization. Goods and services are produced, traded, and financed through transnational networks. “Economic globalization is constructing new forms of social organization that are supplanting, or that will eventually supplant, traditional nation states as the primary economic and political units of world society.” (Held 3) Skeptics believe that globalization is nonexistent. Skeptics think people are mislead into believing in the power of globalization. This wrong belief hides the true existence of what skeptics think exists a modern international economy in which national governments remain powerful. Transformationalists hold a moderate view on globalization. They think that globalization is occurring at an unprecedented rate forcing nations to quickly adapt in order to keep up with their changing world. They conceptualize globalization as “the reordering of interregional relations and actions at a distance.” (Held 10)
As can be seen in my previous blog entries, the research I have conducted regarding globalization supports the views of the school of hyperglobalists. The world is becoming increasingly interconnected. The global economy has strengthened as national ones have become less prominent. The emergence of mass culture and mass cultural products distributed worldwide is an example of this. This change in the global economy’s influence on the world has led to the homogenization of cultures. These previously blogged ideas all support the views of hyperglobalists.