1-1 Discussion: Defining Globalization
Ashley Allen
Southern New Hampshire University
POL 364
There are several ways to define globalization. The process of increased social
interconnectivity that results in events in one region of the globe increasingly having an impact
on people and societies far away is referred to as globalization in the textbook (Lamy, S. L.,
Masker, J. S., Baylis, J., Smith, S., & Owens, P. (2020). Globalization is neither a single idea that
can be understood and defined in a predetermined amount of time, nor is it a process that can be
precisely defined with a start and finish. A worldwide process, a concept, a revolution, and the
formation of a free international market, globalization encompasses financial assimilation, the
transfer of policies across boundaries, the diffusion of consciousness, cultural stability, the
reproduction, relations, and dissertations of control.
Worldwide financial slump was brought on by Covid-19, which also created a pandemic
on a worldwide scale. Only the growing movement of people can be considered as evidence of
the increased interconnection of the modern globe. Diseases, thorough understanding, and
advertising quickly propagated around the world. Protectionist measures implemented in the
wake of the economic collapse would likely lead to the reversal of some parts of globalization.
The current financial crisis serves as an example of the novel type of moral hazard that should
dominate the ensuing generations.
References
Lamy, S. L., Masker, J. S., Baylis, J., Smith, S., & Owens, P. (2020). Introduction to Global
Politics (6th Edition). Oxford University Press Academic US.
https://bookshelf.vitalsource.com/books/9780197527726
Wójcik, D., Goldin, I., & Mariathasan, M. (2015). [Review of The Butterfly Defect: How
Globalization Creates Systemic Risks and What to Do About It]. Journal of Economic
Geography, 15(1), 250–252. https://www.jstor.org/stable/26159665
