Introduction
The ideology of globalization is a common but very contentious topic these days. It is among the most frequently addressed issues since the end of communism. As per Grant (pp. 16), debates on globalization include: whether globalization is taking place, if it is more relevant now than in the past, if it is replacing the nation-state and if it is more necessary than nationalism or federalism. However, according to Grant (pp. 90), it implies varying things to different individuals, but a loose and ill-defined meaning exists in most instances.
As such, globalization has many definitions, but the idea that it is a dynamic phenomenon with significant and differing effects on economies, both industrialized and emerging, is an indisputable truth that everyone accepts. The paper, however, provides an extensive definition of the term globalization.
Main body
Critically looking at the definition, globalization is a multi-faceted, nuanced, and great subject. Scholars may analyze the concept from many perspectives, such as social, economic, political, ideological, and cultural (Grant, pp. 56). Globalization is a concept that is now in hot demand to address peoples, events, standards, ideas, products, services, and currencies that are gradually limited to a geographic environment and its regional and established customs (Grant, pp. 56). Consequently, for anyone looking at things from an economic perspective, the worldwide economy is gradually globalized.
Moreover, for lawyers, globalization has to do with the threatened adjustments in nations’ legal rights and their residents’ (Grant, pp. 6). It implies many things to many individuals. However, the bottom line is that these disciplinary-based perspectives do not consider the wide range and ambiguity of change processes. So their consequences are not understood, whether explicitly and indirectly. In all facets of current social existence, from the cultural to the illegal, from the economic to the metaphysical, globalization is generally acknowledged and referred to as ‘diversifying, rapid and widespread of global interconnectedness’ (Grant, pp. 72).
That said, this generally agreed concept reflects how globalization today binds cultures and societies in one corner of the globe to another nation’s progress. Globalization, as such, applies to the unification of persons, corporations, and governments. Most importantly, this convergence takes place on an international scale.
Furthermore, globalization is the process of broadening business across the globe. In globalization, several corporations are growing internationally and adopting a foreign image (Steger, pp. 13). As a consequence, there is a need for massive expenditure to grow multinational businesses. Conversely, globalization can be a regular occurrence in today’s environment, but before the advent of the Internet and the technology boom, the idea of globalization was relatively tiny and fragmented. People nowadays aspire to work in Australia, Europe, England, or other developing countries because of multinational organizations’ size and scope worldwide. For instance, corporations like Coca-Cola or Unilever are genuinely global enterprises with a presence in every nation on earth.
Conclusion
In conclusion, the phrase “globalization” generally applies to corporate activities adopted by businesses under which their projects and human resources are outside the boundaries of countries and are genuinely multinational and international. In other terms, globalization refers to the mechanism of developing a business around the world. It is, therefore, the union of people, companies, and states. In this respect, this integration is taking place on a worldwide basis. However, it means several things to many people. The bottom line, though, is that these disciplinary viewpoints should not consider the wide variety and complexity of the transformation mechanism.
Works Cited
Grant, Bruce. “What I Know About Globalization”. Ab Imperio, vol 2018, no. 4, 2018, pp. 89-93. Project Muse. Web.
Steger, M. B. “1. What is globalization?” Globalization: A Very Short Introduction, 2020, pp. 1-17. Web.