Summary

This document provides an overview of globalization, including key concepts like expansion, intensification of social relations, and flows. It explores different types of globalization, such as economic, cultural, and political globalization, and highlights the role of technological advancements in driving these processes. The document also includes examples, like a snapshot of internet activity in 2019, to illustrate the interconnectedness of the modern world.

Full Transcript

# The Contemporary World ## Defining Globalization - **Globalization** is a global movement towards integration of the economy, finance, commerce, and communication. - **Globalization** also means opening local and nationalistic perspectives to a broader view of an interconnected and interdependen...

# The Contemporary World ## Defining Globalization - **Globalization** is a global movement towards integration of the economy, finance, commerce, and communication. - **Globalization** also means opening local and nationalistic perspectives to a broader view of an interconnected and interdependent world with free transfers of capital, goods, and services across national borders. ## Key Concepts - **Expansion and Intensification of Social Relations**: The expansion and intensification of social relations and consciousness across world-time and across world-space. The creation of new social networks and the multiplication of existing connections that cut across traditional political, economic, cultural and geographic boundaries. - **Solidity**: Barriers that prevent or make difficult the movement of things. Solidity can be natural or man-made. - **Liquidity**: The increasing ease of movement of people, things, information, and places in the contemporary world. - **Flows**: The movement of people, things, places, and information brought by the growing "porosity" of global limitations. ## Types of Globalization - **Economic Globalization**: Refers to the widespread international movement of goods, capital, services, technology, and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies, and capital. - **Cultural Globalization**: Refers to the transmission of ideas, meanings, and values around the world in such a way as to extend and intensify social relations. This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel. - **Political Globalization**: Refers to the growth of the worldwide political system, both in size and complexity. That system includes national governments, their governmental and intergovernmental organizations. ## Facilitators of Globalization - **Technological Developments**: Technological developments are the main facilitator and driving force of most of the globalization processes. ## Example: 2019 Internet Minute This diagram illustrates the various activities happening on the internet in a single minute, highlighting the vast interconnectedness and rapid flow of information in the contemporary world. - 3.8 million Google Search queries - 694,444 hours of Netflix watched - 996,956 dollars spent online - 2.1 million snaps created - 41.6 million messages sent - 4.8 million gifs served - 1 million YouTube videos viewed - 18.1 million texts sent - 4.5 million logging in - 390,030 apps downloaded - 347,222 people scrolling Instagram - 87,500 people tweeting - 1.4 million Tinder swipes - 188 million emails sent - 1 million music streaming subscriptions - 180 smart speakers shipped - 41 million views on GIPHY - 60 seconds spent on an average social media platform **This is not a complete list but highlights the immense connectivity and speed of information exchange that defines our contemporary world.**

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