Posts

What is the relation between economics and globalization?

  1. Summary Economic globalization is often described as a world run by "placeless" giants, but the reality is much more complex .  Peter Dicken argues that the central actors in this process are Transnational Corporations (TNCs), which he defines as firms that can coordinate and control operations in more than one country, even if they don't own them .  These corporations drive globalization through Foreign Direct Investment (FDI), which has grown much faster than world trade in recent decades .  Rather than a simple global spread, economic globalization works through "webs of enterprise"—complex production networks that connect different parts of the world but are often concentrated in specific regions like Europe, North America, and East Asia . 2. Interesting and Unusual Points One point I found really surprising is that most "global" corporations aren't actually that global .  Even among the top 100 TNCs, the majority still keep more than half...

What is the relation between politics and globalization?

  1. Summary Political globalization is much more than just the "decline of the nation-state." According to Delanty and Rumford, it’s a complex process that changes how we organize space and time across national borders. They define it through a "relational dynamic" between three main things: global geopolitics, a global normative culture (like human rights), and polycentric networks. Basically, it means that while the state is still here, it now has to share its power with transnational networks, global movements, and international organizations. It's a shift from traditional national politics to a more "postnational" or "transnational" way of running the world. 2. Interesting and Unusual Points One really interesting point is that political globalization isn't just one single "thing" or "reality," but rather a set of tensions. I found it surprising that the authors don't just focus on big governments; they also t...

What is the relation between culture and globalization?

  1. Summary The relationship between culture and globalization is not a one-way street where culture simply reacts to external changes; rather, it is a deeply reciprocal and multidimensional process. Tomlinson defines globalization as a "complex, accelerating, integrating process of global connectivity" that links material, social, and economic life across the modern world. Culture acts as the "primordial context" for human agency, providing the socially shared meanings and narratives that make existence purposeful. In this relationship, globalization reaches deep into the local "lifeworld" , while culture simultaneously generates and shapes the globalization process through the small, meaningful actions of individuals, such as consumer choices.   2. Interesting and Unusual Points One of the most counterintuitive arguments in the text is that globalization, rather than merely destroying local traditions, is a primary force in creating and proliferating ...

What is globalization- Sun Jiayi

Summary of the Reading In this reading, the author does not try to give a single and fixed definition of "globalization", but regards it as a multi-dimensional and continuous process of change. The author pointed out that globalization not only occurs in the economic field, but also involves many levels such as politics, culture and society. Therefore, it is an overly narrow view to simply understand globalization as economic integration or market expansion. At the same time, different disciplines, different countries and people from different historical backgrounds have obvious differences in their understanding of globalization, which further shows that globalization is not a state that has been completed and universally recognized, but a process of continuous discussion and re-understanding.  The author also emphasized that when discussing globalization, people tend to pay more attention to structural changes at the macro level, such as the flow of connections, capital and...

Economics & Globalization - LEE GEONYONG

  How globalization affects the economy Globalization changed how business works. Companies don't stay in one country anymore. They sell products everywhere. They also make products in different places to save money. Trade between countries grew a lot. Korea exports cars and phones. We import oil and food. Money moves across borders fast. What happens in Wall Street affects the Korean stock market the next day. Your smartphone tells the story Look at your smartphone. It's a perfect example of global economy. The design might come from California. The screen is made in Korea. The camera parts come from Japan. Workers in Vietnam or China put everything together. Then it gets shipped worldwide. No single country makes the whole phone. Each country does what it costs less or what they do best. This is how modern economy works. Everything is connected. The benefits Economic globalization makes things cheaper. Competition between countries keeps prices down. We can buy more st...

Politics & Globalization - LEE GEONYONG

  How globalization affects countries Countries used to work alone. Now they have to work together. A problem in one country can spread to others quickly. Think about COVID-19. It started in one place but became everyone's problem in months. Governments can't just think about their own people anymore. What happens in another country matters. The economy is connected. If factories close in China, people in America lose jobs. If Europe makes new rules, companies in Korea have to follow them. Countries form groups to solve problems together. The UN tries to keep peace. The WHO handles health issues. Trade agreements let products move between countries. Governments meet and make decisions that affect millions of people. Climate change as a global issue Climate change shows how politics became global. Pollution doesn't stop at borders. Carbon emissions from China affect the air in Seoul. Forests burning in Brazil impact the whole planet. No single country can fix this alon...

Culture & Globalization - LEE GEONYONG

  What is culture? Culture is the way people live. It includes the food we eat, the language we speak, the music we listen to, and the clothes we wear. Culture is also about traditions, holidays, and how we behave with others. Every country has its own culture. Even different cities can have different cultures. For me, culture is what makes a place special. It's the street food in Seoul, the festivals we celebrate, the way we greet each other. Culture is our identity. How globalization changes culture Globalization makes cultures mix together. Now we can watch American movies, listen to K-pop, and eat Japanese food all in one day. Foreign brands are everywhere. Starbucks, Zara, and Netflix exist in almost every country. Sometimes cultures become more similar. Young people around the world wear similar clothes – jeans, sneakers, hoodies. They use the same apps like Instagram and TikTok. They listen to global pop music. But globalization also makes people curious about other cu...