Globalization

Paper Summary:

The following paper reviews the changes that have occurred as a result of globalization. In particular, the paper argues that globalization has sparked particularist phenomena as well as cultural monism, has aggravated economic particularism even though interconnectedness is prevalent in the new world economy, and has eroded the nation-state (or at least offers the promise of doing so) even as there are rampant fears it will consolidate and strengthen superpower hegemony.

From the Paper:

"One of the more noteworthy and startling developments of the last generation has been the emergence of globalization and, with it, the intensification of world-wide social relations. Indeed, relations between cultures and among nations have grown so profoundly entwined that events far away greatly impact events close to home. The following paper will examine three aspects of this phenomenon: the economic aspect, the cultural aspect, and the political aspect. In particular, the paper will argue that globalization is rapidly creating a world where national borders are irrelevant and national governments largely powerless."

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