Globalization has been seen, in recent years, as one of the best ways for a sectors, it comes through a period of transition that is many times filled with growing pains. The real question is whether this push for globalization is actually working. While the prevalent argument in today’s society is whether or not globalization is a good thing, the better question may be to understand if we truly are globalizing.
The discussion on globalization led first to an examination of the theory that globalization is a beneficial process and the world is successful accomplishing globalizing. The term globalization means something for many different people. The author of the article Globalization and Its Contents, Peter Marber, argues that globalization …show more content…
There are many, especially from cultures other than the American culture, who believe we aren’t truly a globalized society. One of these theorists, Pankaj Ghemawat, believes that the world is only beginning to realize what true globalization means (Ghemawat). One of the leading points for this argument is that the majority of business that could be done across borders is still being done within the borders. Often times, developing countries or even undeveloped countries only receive business with wealthy countries if they have something to offer. A region that is a great example of this is the region of Africa. In Africa, the majority of the global business occurs in two countries, Nigeria and South Africa. It occurs in Nigeria because of their oil rich market and in South Africa because it is more like Western …show more content…
Even during the new age of the Internet, we have established borders based on geography, language and distance. Internet-based companies are even having a difficult time globalizing. Google, for example, is having a very difficult time breaking into the Internet market in Russia; the majority of Russians would rather choose local providers above a global company (Ghemawat). The same principle is true across the globe. We would rather choose our local businesses than to venture to global companies because we like to remain in our safe zones.
It has been said that the theory that ‘economics is more important than politics’ is a dangerous belief to have when moving towards globalization. To some extent this is true. If the only reason we want to globalize is to make a profit, then the true benefits of globalization will never be reached. If we want to pursue globalization, we must be focused on helping the developing, undeveloped, and underdeveloped countries to grow as we grow. Perhaps it is time that we transcend the current assessment of globalization and strive for a more robust global
The discussion on globalization led first to an examination of the theory that globalization is a beneficial process and the world is successful accomplishing globalizing. The term globalization means something for many different people. The author of the article Globalization and Its Contents, Peter Marber, argues that globalization …show more content…
There are many, especially from cultures other than the American culture, who believe we aren’t truly a globalized society. One of these theorists, Pankaj Ghemawat, believes that the world is only beginning to realize what true globalization means (Ghemawat). One of the leading points for this argument is that the majority of business that could be done across borders is still being done within the borders. Often times, developing countries or even undeveloped countries only receive business with wealthy countries if they have something to offer. A region that is a great example of this is the region of Africa. In Africa, the majority of the global business occurs in two countries, Nigeria and South Africa. It occurs in Nigeria because of their oil rich market and in South Africa because it is more like Western …show more content…
Even during the new age of the Internet, we have established borders based on geography, language and distance. Internet-based companies are even having a difficult time globalizing. Google, for example, is having a very difficult time breaking into the Internet market in Russia; the majority of Russians would rather choose local providers above a global company (Ghemawat). The same principle is true across the globe. We would rather choose our local businesses than to venture to global companies because we like to remain in our safe zones.
It has been said that the theory that ‘economics is more important than politics’ is a dangerous belief to have when moving towards globalization. To some extent this is true. If the only reason we want to globalize is to make a profit, then the true benefits of globalization will never be reached. If we want to pursue globalization, we must be focused on helping the developing, undeveloped, and underdeveloped countries to grow as we grow. Perhaps it is time that we transcend the current assessment of globalization and strive for a more robust global