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Globalization is a term which became popular in the 1980s to describe the increasing movement of people knowledge goods and money across nation-state boundaries which has led to increased interconnections amongst the worlds population economically politically and culturally Although many think of the term in relation to economics this process has political and cultural implications as well There are optimistic and pessimistic approaches to the globalization argument and in this assignment I intend to outline and evaluate the optimists argument which is that all will benefit from globalization Globalization is a promise of efficiency in spreading the good things of life to those who lack them Managing globalization pg x1 As a general overview optimists describe as the ongoing global trend toward the freer flow of trade and investment across boarders and the resulting integration of the national economy Because it expands economic freedom and encourages competition globalization raises productivity and living standards of all Globalization for less developed countries encourages faster growth in turn promoting poverty reduction democratisation and higher labour and environmental standards It also gives citizens greater individual freedom to express views and experience cultures through such mediums as television and the internet which encourage understanding around the world With regards cultural benefits and globalization optimists point to the growth and spread of new technologies such as the telephone and internet as bringing about positive cultural changes world wide Cultural differences and changes are the most direct and obvious way in which most people experience the interconnections of globalization Evidence has shown that cultural imports and exports increased by nearly sixfold between 1970 and 1980 ou pg 49 They would site the democratic and participatory nature of the internet as an important devise for activist groups such as greenpeace who use it to raise awareness and encourage discussion As unregulated media which has the capacity to transcend nation-states and operate without governmental control it allows people
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