Let’s take few definitions into consideration here.Īccording to the sociologist, Roland Robertson,” globalization as a concept refers both to the compression of the world and the intensification of consciousness of the world as a whole, both concrete global interdependence and consciousness of the globe whole”. No single definition exists, when we talk about the ‘definition’ of globalization, as it is with all other core concepts in the social sciences its precise meaning remains contested. The term globalization is used to describe the economic, political, social and cultural changes of the world in the last odd fifty years, which was accelerated by the scientific revolution to the diminishing of national and geopolitical boundaries in an expanding transnational movement of goods, services and capital. Today what we see is the downside of globalization. Globalization is not a debate about divergence or convergence, but it is a dialectical process which can both integrate and fragment along with creating both winners and losers. If the goal of globalization was more liberal exchange of goods, services, labor, thoughts etc which in later stages would make world uniform, then there is no space for identity.
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Globalization has changed situations in such a manner that power of state is determined by power of firm. For few globalization is hegemonic and antagonist to local and national economies. For some it creates positive political, economic and technological progress. Globalization means different for different people.
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The current wave of globalization is nothing but the result of Schumpeterian evolution in technology along with interaction of many actors at different levels of the economy. Many factors contributed for the growth of globalization major being advancement in transportation and communication.
![social and cultural impacts of globalization social and cultural impacts of globalization](https://desklib.com/media/images/38a8edde4d344894a031052128596571.jpg)
It is the process of international integration as a product of exchange of world views, products, ideas and other aspects of culture in which worldwide exchange of national and cultural resources occurs in the process. Globalization is a complex and multifaceted phenomenon.