Globalization can thus be defined as the intensification...

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3 Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa. Anthony Giddens, Director of the London School of Economics

Transcript of Globalization can thus be defined as the intensification...

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Globalization can thus be defined as the intensification of worldwide

social relations which link distant localities in such a way that local

happenings are shaped by events occurring many miles away and vice

versa.

Anthony Giddens, Director of the London School of Economics

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Globalization itself is neither good nor bad. It has the power to do

enormous good — but for many, it seems closer to an unmitigated disaster.

Joseph Stiglitz, Nobel Prize winner for Economics

Globalization may be thought of as a process (or set of processes) which

embodies a transformation in the spatial organization of social relations

and transactions — assessed in terms of their extensity, intensity, velocity

and impact — generating transcontinental or interregional flows and

networks of activity, interaction, and the exercise of power.

David Held, Professor of Political Science at the

London School of Economics

Globalization as a concept refers both to the compression of the world

and the intensification of consciousness of the world as a whole.

Roland Robertson, Professor of Sociology at the University of Pittsburgh

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Globalization compresses the time and space aspects of social relations.

James Mittelman, Professor of International Relations

at American University

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