It’s just a subjective topic
Globalisation is a concept that has been introduced to reshape the mindset of individuals. Regardless of its perceived validity or vagueness, globalisation possesses the capacity to regenerate and recover its content. The new age of information has transformed how globalisation is understood, enabling it to be disseminated through its own mechanisms. The ideation of globalisation has led to the development of new approaches that promote innovation and sustainability.
In the early stages of globalisation, its principles, teachings, and methods were difficult to implement. Even political and economic leaders were sceptical about adopting globalisation, believing it to be an improbable phenomenon. They argued that it could not be justified within their systems, as the vision of globalisation was too weak to fit into political and economic frameworks still under pressure from the aftermath of the Great Depression of the 1930s.
Now, the era of globalisation has emerged, though many might dispute this claim. However, considering what the United States pursued after the Great Depression, the picture becomes clearer: the US used the failures of the Depression to fuel innovations in political and economic hegemony.
There are numerous definitions of globalisation, and attempting to identify one as definitive is somewhat naive when considering the range of ideologies embedded within the concept. In much of the literature, globalisation has been associated primarily with the scale of international business operations.
However, this association has often been misunderstood, leading to the assumption that globalisation exclusively benefits international businesses. On the contrary, the core ideation of globalisation is not rooted in economics, but in a political framework that seeks to institutionalise robust political structures.
Globalisation is not simply a tool to stimulate economic growth or promote inequality; rather, its fundamental purpose is to restore order, challenging the widespread notion that it is solely an economic project.
Globalisation has become an increasingly polarising subject, with divergent opinions and limited understanding of its inner workings. The public is aware of the global economy’s dependence on globalisation, and without it, neither democracy nor capitalism could endure.
The contradictions within globalisation are allowed to persist as they diffuse the mechanisms of global dominance and encourage the development of significant political infrastructures. These structures ultimately shape how globalisation is organised and allowed to function. The observable features of globalisation are more significant than often assumed, and the concept itself is not paradoxical to our understanding; it simply requires deeper analysis.
The early definitions of globalisation from the 1970s should not be dismissed. While they may not provide a complete picture, they are not incorrect; rather, they reflect the scientific approaches of that era. However, globalisation did not begin in the 1970s, as many claim. It began at least six decades earlier. The origins of globalisation reshaped the world, laying the foundations for the political and economic dimensions we recognise today.