Globalisation
Worksheet “Globalisation”
Source: www.onlineopinion.com (Sept.2008)
1. DEFINITION „GLOBALISATION”
When most people think of globalisation they think of the rapid expansion of trade, finance markets and corporate activity, and perhaps the associated decline in government power that has occurred in the last decade or two
Globalisation is ……………………………………………………………………………. ………………………………………………………………………………………………….
2. THE FIVE STAGES OF GLOBALISATION
Globalisation properly began in the late fifteenth century when one particular society consisting of the nations of northern Europe began to impose its ways onto the rest of the world through exploration, trade and conquest. This process, in which an increasingly large part of the world’s human, cultural and material resources were exploited to generate wealth and power for these European adventurers, changed from what was mainly an extensive operation to an intensive operation that eventually resulted in industrialisation in Britain, international mass industrialisation and then globalisation.
The first stage of globalisation was from the late 1400s to 1815;
the second stage was from 1815 to 1914;
the third stage was from 1914 to 1968;
the fourth stage was 1968 to 2001,
when the last stage began.
It was the late fifteenth century Portuguese prince, Henry the Navigator, who first sent his captains to explore the world and make a profit out of what they found. The rest of northern Europe followed and through force of arms, disease and religion, Europeans subjugated increasingly large regions and their populations. However, the expansion of the European powers was distorted and constrained by constant struggle at home for European and potentially global hegemonic ascendancy. This issue was disputed at various times by Portugal, Spain, the Netherlands, Britain and France. Nonetheless, whatever disruption it caused to world production and trade, military competition maintained pressure on development of technologies, which would form the basis of the industrial revolution. Furthermore, the constant warfare created the modern nation state and domestic and international finance operations.
The power-struggle in Europe was resolved when Britain emerged as global hegemon after Waterloo, the Royal Navy policing the waves and sterling acting as defacto global currency. In this new liberal world order, new institutional forms (notably firms) and new technologies of transport (especially steam-powered rail and shipping) and communications (most importantly, telegraphy) enabled ever tighter control over day-to-day business, while the high financiers and statesmen maintained the system as a whole by wielding commercial and military power.
It was mass industrialisation itself that caused the decline of the old system and the rise of the new, based on more direct control over industrial development by national governments and large, nationally oriented industrial firms. Unfortunately, a corollary (Mathematik) of this trend was national chauvinism and warfare, the latter now highly industrialised. When the smoke eventually settled in 1945, a new hegemon, the United States, had arisen due to its unassailable industro-military power. A world order in which the American mode of development was translated across the world to those regions not controlled by communism lasted until around 1968.
The stage that followed resulted from the weaknesses emerging in the existing system, the return to strength of private business interests – especially high finance -
and the possibilities presented by new technologies largely developed out of the two world wars. These technologies, such as jet planes, computers and satellite communications, enabled the spread of intensified corporate activity across the globe. Along with this development went an ideological campaign by the private, increasingly corporate sector, and consequent privatisation and liberalisation of markets, all generally weakening the nation state.
However, by the mid 1990s problems were emerging just as the rise of the Internet seemed to epitomise (ausdrücken) the transformative structural power of what was now called globalisation.
The continued rise of explicitly anti-globalisation movements, who fought police in Seattle and elsewhere, the demise of the multilateral agreement on investment (MAI), the Asian economic crisis and the dot.com bubble all indicated the limits of this stage of development.
The response was clear in the strong ideological stance of the Bush Jr administration. The new unilateralism (Einseitigkeit) in fact reflected an intention to re-establish direct control over global issues by the US.
The 9-11 attacks then gave Washington carte blanche. Although the wars in Afghanistan and Iraq and growing pressure on other “rogue states” was the overt manifestation of this new control approach.
In effect, the current US government is endeavouring to re-establish direct control over global processes through increasingly extensive and intensive intelligence and military systems, and through a total dominance of the final contested realm, outer space.
Find out important features of the stages, make a list:
| Stage 1 | Period | Characteristics | superpower | inventions |
….
