Global Interaction

Global Interaction

Introduction

Globalization begins to take greater height from the Industrial Revolution some 200 years (eighteenth century) in England, which was the most developed country in the world for that time. Although the concept of globalization is very recent, the term has existed throughout history. Distinguished thinkers developed theories of international trade, which have survived all this time because they are right and consistent. These theories are based on what is called the principle of comparative advantage. According to them, each country should be devoted to producing those products which are better prepared than others (Tigno, 2002).

Globalization is a process of economic, technological, social and societal scale, which consists of increasing communication and interdependence among countries of the world by unifying its markets, societies and cultures, through a series of social, economic and political that give a character overall. Globalization is often identified as a dynamic process produced mainly by the societies living under parliamentary capitalism or liberal democracy and which have opened their doors to the information revolution, folding to a considerable degree of liberalization and democratization in political culture in its legal system and national economic and international relations. However, such extensive interaction has become a major cause for some economies to face troubles as others who possessed power came up with ideas of capitalizing on small or incapable economies. Moreover, global interaction has led to many wars starting from the 1500 to present.

Thesis Statement

The concept of globalization has linked a process of interaction between societies who are willing to excel their relationships for the purpose of achieving extensive benefits in terms of resource extractions. However, global interaction has led to an outbreak of global wars due to the excess of power that some societies possess for achieving those benefits.

Discussion

Identification

From the 1200-1700 A.D, globalization was a new-born concept. It was not so much progressed and developed. With the passage, of time it progressed to every corner of the world making it a global village for the purpose of resource extractions. This process originated in Western Civilization and has spread around the world in the last decades of the Modern Age (second half of the twentieth century) receives a major boost with the collapse of communism and the end of the Cold War and continues in the twenty first century. Casas (1542) quoting the example of Indians asserted that only the noble in the world can enjoy the luxuries of life; however, the poor and working class are deprived of the basic necessities.

The economy is characterized by the integration of local economies to a market economy where global modes of production and capital movements are configured on a global scale (New Economy) becoming more important role of multinational corporations and the free movement capital along with the final implementation of the consumer society. Hans (2008) stated that according to a report revealed by United Nations, around 5000 women become victim of "honor killings" each year. Nonetheless, the actual figure is still a mystery which is expected to be much ...