Tag: economy

  • Globalization: The Interconnected World of Today

    Globalization: The Interconnected World of Today

    Since 1980, world trade as a percentage of global GDP has almost doubled (Index Mundi), international migrant stock has more than tripled (United Nations), and the number of people using the internet has increased by thousands of times (ITU). As a reader of an anthropology blog, you may ask why I am sharing seemingly unrelated statistics that would fit much better in a blog about technology or global economics. However, these statistics are all proof that there is a force driving connection in the world of today: globalization.

    A Brief History of Globalization

    Globalization is defined as the process of connecting and integrating different economies, cultures, technology, and populations, increasing global interconnectivity. This is done through the means of technology, people, shared ideas, and trade, to name a few. Globalization can be observed in all walks of life around the world, and its presence is ever-increasing.

    Image Credit: NASA

    The spread of the globalization phenomenon can be traced back to early trade routes like the silk road. On these routes, merchants moved their goods across trade chains for thousands of miles across continents (Eurasia, in the case of the silk road). Though this did not directly establish links between cultures, a large-scale economic market spanning dozens of countries was established, paving the way for economic interconnection. Future widespread trade included the spice routes of seventh-century Arabs, connecting the east and the west as well as paving the way for the Age of Discovery. During this period (1400-1700), European nations greatly advanced globalization through their conquest of foreign nations, one of which later became the United States of America. Through the founding of Spanish and Portuguese trade routes to outposts in South and Central America, the Columbian Exchange, a web of trade routes bringing regionally specialized goods to new areas, opened a new worldwide colonial economy. While these advancements led to partial globalization, true globalization was not achieved until around the 20th century, when the industrial revolution opened a new era of trade dubbed the “First Wave of Globalization”. Over the years, the process of globalizing advanced and economic bonds were strengthened by innovations in technology (brought by the first and second industrial revolutions). Today, a new “Fourth Wave of Globalization” is continuing the upward economic trend as cybertechnology dominates world markets.

    Columbus’s exploration of the New World played a large role in establishing a global economy. (Image Credit: Kristijan Arsoy)

    Types of Globalization

    While my not-so brief overview of globalization’s lengthy history makes it sound like a primarily economic topic, globalization in the modern age takes many forms. Each of these comes with its own advantages and drawbacks.

    Political Globalization

    Starting with a type of which we have no shortage in the current day and age, political globalization describes the development of global policy and international government. In the modern interconnected world, tensions such as geopolitical conflicts (i.e. the Russo-Ukrainian conflict or the Arab Spring) have far-reaching effects that extend well beyond their borders (such as ethnic tensions that resulted from the revolutions). Additionally, world governments and allegiances such as the UN, EU, NATO, and the defunct Warsaw Pact have become increasingly active on the world stage in the last century. These bodies, primarily established to promote security and harmony in member countries, have led to an increased political interconnectivity that has brought previously closed-off countries with their own unique policies into shared-policy groups. Political globalization is seen by some as a force of positivity, as it fosters peace as well as economic connections, but it has been criticized by some as having caused a loss of sovereignty (i.e. British Eurosceptics such as Nigel Farage, who criticize the European Union’s undermining of state independence).

    Economic Globalization

    Economic globalization refers to the integration of national economies into the global economy. The modern technology market is a perfect example of this: a computer made of American raw materials and Chinese computer chips could be assembled in a Hungarian factory. This international economic integration has become a standard of modern manufacturing, and the outsourcing of different countries’ labor and resources creates economic ties that have merged multiple nations’ economies into one (or something that is on the way to being one). Global stock markets are another prime example of economic globalization; the fluctuation of a stock in one country could have an impact on investors and governments around the world. While economic globalization drives the growth of international markets and promotes healthy economic competition, the interconnectivity it brings increases the risk of a potential financial crisis having global consequences.

    Cultural Globalization

    Cultural globalization, the type most pertinent to the study of anthropology, is the spread and integration of cultures into other cultures. The internet (and its social media platforms) serves as the perfect vehicle for the spread of culture, something that can be seen in the global support for football team Manchester United or K-pop band BTS. Furthermore, mass global travel and tourism helps to spread cultural ideas and customs. Though cultural globalization can cause cultural homogenization and loss of unique traditions, with balance, the spread of cultures around the globe can help us gain a fuller understanding of viewpoints and ways of life through others’ perspectives.

    Applications to the Field of Anthropology

    The primary aspect of globalization pertinent to anthropology is the newfound connectedness of people and their ways of life (seen primarily in cultural globalization, but also through connections like business ties in economic globalization). Global interaction between cultures and individuals, a major theme in the study of anthropology, is greatly changing as globalization persists, and the field of anthropology must constantly adapt to keep up with global interconnection. Additionally, studying the reactions of people and cultures to globalization unlocks new perspectives that can reveal more about cultures as well as how globalization is working its way into their ways of life. This can be seen in many real-life studies such as Dr. Garett Cook’s research on indigenous villagers in Guatemala and how they work to maintain their traditions as globalization rapidly reshapes the environment they live in. All in all, anthropology can reveal much about globalism and help humanity adapt to the constantly shifting economic, political, and cultural landscape that is the world of today.

    All images were taken from Unsplash.com