concept of globalization and how economic growth for various countries defines the idea

concept of globalization and how economic growth for various countries defines the idea

Introduction

This paper discusses the concept of globalization about how economic growth for various countries defines the idea. It examines globalization from general view, its revolution and multiple aspects about its trend. It also highlights critical developmental trends relative to the subject especially human experience and various elements that support integration. The document highlights concepts about imagination, ecology, communication developments, requirements, struggles, and beliefs. It analyses the subject in consideration of present advancements and current globalization trends plus their influence in future of humanity.

Globalists define the condition relating to globalization which is a concept of the trends. It influences the relation between individuals, and definition of the world. The paper scrutinizes the meaning of the subject about elements indicated on the assignment. The term globalization was invented in the 2nd half of 20th century and was first included in the English dictionary in the 1960s. The subject exists in other languages wherein Chinese it is called “quinquina”, globalization in Spanish, mondialisation in French and globalizatsa in Russia amongst other several communities. The subject has discussions across several academic disciplines. About sociology, globalization interpreted in 1983 and Harvard business school introduced it through Theodore Levitt. Most of the scholars have defined the subject as an element of international relations in regards to interdependence which is global.

It today’s world globalization is highlighted across various academic disciplines with theoretical dimensions and also in the political aspect. The trends associated with globalization is elusive and considered to be pervasive in context of Asian revolutions. Globalization is discussed in perspective that enhances insights and paves the way for its more profound understanding of the subject in the political scope the term is applied to describe promotion of values plus interest that are concerned with international relations in regards to growth and developments. It is defined in reflections of regulations and power associations produced by the subject under discussion.it is also detrimental to consider historical benchmarks relating to globalization, cultural influences, social stature and other related elements.

There is no universal definition related to the subject, but experiences plus aspirations define it. In this context, the topic is discussed to develop insights that can be communicated clearly and provides room for debates with others. The definitions applied to enhance essential concepts associated with the subject that offers bright and consistent arguments. Politicians have under exercised associated dynamics to divert the attention of the public from their failures in achievements.

The social activists have been against the subject and branded themselves in “anti-globalization umbrella” due to nature of their movement elements. Academic scholars who have tried to analyze this subject have failed to offer substantial literature discussing its details. The analysis of globalization has tainted due to its redundancy and researchers conducted have been able to develop new understandings which are not relative to other conceptualizations. Therefore it is considered a form of westernization, internationalization, universalization, and liberalization. The definitions and discussions under the disciplines named above focus on the subject with little insights that are not accessible through existing vocabularies.

In the context of internalization, the subject refers to the development of transactions with associated interdependence between two or more countries. Considering this view the subject opens global application of communication strategies, ideologies, mechanization, funds and business investments that exist across borders or within a state. Dani Rodrik has rated the subject in the context of present financial records relating to percentages of gross domestic growth. In this scope, it is discussed concerning proportionality terms, migrations, and cross-border trading between various countries. It is a feature of the modernized system that has been flowing over time. There has been the trend of history reoccurring which disputes the definitions in the context of internationalization.

In the context of liberalization, the term defines a procedure of eliminating rules and regulations that hinder cross-border movements hence creating free Asiatic economy associations. It acts as authority tool that minimizes regulatory elements associated with barriers to trade, visa restrictions, foreign exchange and controlling of capital. On the other hand, many scholars and diplomats support neoliberal strategies what promote worldwide privatization, fiscal restraints, and liberalization that will create prosperity, democratic space, freedom, and peace for all humanity. Contrary, the anti-globalization movement which is against neoliberal strategies that supporting poverty, damages to ecology system, inequality, destruction of culture and associated social conflicts.

Globalization in general view has been developing about the worldwide economy in past half of the century.  Alter-globalization concept promotes democratic freedom, humanity protection, social justice and ecological integrity. Therefore it is of sanity to say that globalization involves improvement through social security, environmental developments and protection of human rights in Asia and other parts of the world. In the context of universalization, the subject is applied to describe dispersing of objects and proficiencies to various individuals that occupy the globe.

Therefore in this context, it defines business strategies, anti-crime legislation and other related elements that create homogenization associated with Asiatic political harmony, cultures, legal dimensions and economic advancements. In this context the subject is perceived to have been transpiring during contemporary history and humanity has existed through intercontinental migration throughout the ages. There has been the presence of religious trends that have occurred through continental boundaries and living for centuries with associated explicit faith systems that are universally pretensions. The trans-continental business engagements have supported the distribution of goods and services over long distances in the millennium.

Relating the subject in the context of westernization it is considered to be a form of the social structure of modernity such as urbanism, capitalism rationalism, and industrialism which is distributed all over the globe. It has effects that eliminate cultural systems is pre-existing and self-determination strategies. It this scope the subject is viewed as a form of colonization plus westoxification. The current extent of westernization has led to effects such as technological innovations, the knowledge that is rationalistic, a production which is capitalizing and bureaucratic governance. It asserts tendencies of modernized and westernized social associations existing across the planet. Governance bodies, firms and civic societies in Asia and Europe are considering significant influencers of globalization that is contemporary.

Choson dynasty was the longest existing imperial dynasty in Korea and was formed by General Yi Song-gye and had its capital in Hanyang. Choson dynasty developed a relationship with Ming dynasty of China. It was considered to be a client state of Korea and profoundly influenced by the bureaucracy of China. Yi song-gye dispensed land throughout existing levels of officially which resulted in an aristocracy. In 1592 Korea was invaded by Japan, and Chinese army assisted them to fight the invaders. Many cultural assets were lost, and the central government was weak and disorganized. King Chongjo supported the country to utilize irrigation which increased agricultural that boosted the economy. In the 1880s the Korean formed kanghwa which led to its independence hence developed diplomatic relations with both China and Japan. China assisted Korea to open up trade routes with Western Countries.

Marxism develops from modes of production considered to be economy base, on the other hand, culture, religion, and political aspects associated with an ideological structure. It differentiates economy from political issues of the capitalist; in the Asiatic society, there was no division of political elements and economic aspects. The Marxists considered the idea of state to be forced against capital economy when it was abolished, but they never succeed. Therefore they explored relative autonomy which borrowed principles from political science, psychoanalysis, and sociology which resulted in a trend undermining the economic base.

There are four modalities applied for exchange which included A (entailed reciprocity of gift), B (comprised of rule and protection), C (exchange of commodities) and D (transcend of A, B, and C). The four modes of transfer were coexisting in social compositions, and they differ in regards to dominance. In the capitalist setting mode, C was dominant. Marx viewed the capitalist economy in the context of production and exchange of commodities. The ideological superstructure is derivative from mode C presently time and associated energy is best-utilized mode A and B similar to what Marx utilized in mode C in mode of exchange A. There was domination principle controlling the archaic societies but was not present in nomadic and hunting societies where products were collected then distributed equally as form of gift which did not require counter gifts.

Mode A of exchange was a type of compulsion but later led to shortcomings for clan societies where members were equal but not free. The mode D of trade was associated with communism where repressed mode A returned, but mode B and C were dominant. It is the restoration of mode A with a superior dimension but the combination of nomadic society initiative. This mode D view is duty mandated by God to humanity as the regulative ideology which is considered to be the type of universal religion and is contradicting magic and reciprocity. The socialist movements around the world found the operation of mode D as conducted in the guise of universal morality. Halfway through 19-century socialism adopted exact dimensions and lost associated religious values. However, socialism in the 12th century was associated with societies influenced by Mode B and C of exchange.

Marxism elaborated value of M-C-M which must initiate from C but cannot happen in exchanging value of C. it must be conducted in labor power in usage value of C; labor power is the evaluated capacity to generate use values. Buyer and seller labor power control the labor market hence employees must own credited power of labor, but they are limited in production means. The labor power has the value of the time required for MS production which is determined by historical trend records. The labor power is considered to be the origin of expanded value and associated workforce.

Conclusion

This paper tackles globalization is general views associated with Asiatic empires and influences of the west. It further highlights the critic and aspects of Marxism, Karatani Kojin and the Korean globalization about Japan, China and other associates dynasties which brought about globalization influences. It tackles modes of exchange and insights of Asian empires, capitalism and other detrimental elements indicated in the assignment paper.