Understanding Globalization through the Lens of Capitalism

Learning about our past developments of economic, political and cultural background contributes to our understanding of how the world works today because history becomes a part of who we are and what we do. At the root, world history is connected events and memories that are bonded through globalization. Globalization is the process in which the world is connected through shared networks such as trade, rivalry, or even practiced culture. These shared networks established in the earlier days created a purpose to our traditions or habits. Learning about capitalism, I have understood that capitalism contributed to the world becoming globalized within our economic system.
First, Capitalism is an enterprise system that effects the principle of people’s rights. Capitalism is one of the biggest factors that contributed to the world becoming more globalized and it affects us now as much as it did in the earlier era. Capitalism played a role in mostly the world’s economic system as in the flow of money, trade, profit, wages, class, etc. Capitalism was clearly shown in the industrial revolution. During this
Two Germans Karl Marx and Friedrich Engels wrote The Communist Manifesto in 1848. In this pamphlet Marx and Engels explain the notions of capitalism along with social class struggles. They replace capitalist class with the term "modern bourgeoisie". In the pamphlet they stated “The bourgeoisie has put an end to all feudal, patriarchal, idyllic relations. They have torn away from the family its sentimental veil and reduced the family relation to a mere money relation.” (World of History 819.) The bourgeoisie was so dominating that it discontinued other social systems. It shows how powerful the bourgeoisie was. This explains why today money is the controlling factor to a lot of decisions made in the market. Rise or fall of different social systems effected