A Socioeconomic View of Globalization

Throughout the world system, there are over one hundred and ninety diverse countries with ranging cultural differences. Each of these countries are diverse in their own right and they vary in economic, political, and social aspects. Many nations possess their own national identity, which fosters a great sense of diversity. These countries have differences in culture, economics, politics, and social policy. However, amongst the several differences that many countries embrace, there are some similarities between each nation. This phenomenon of cohesive resemblance is known as globalization. Globalization is a process of interaction and integration among the people, companies, cultures, and governments of different nations. This research paper will examine the phenomenon of globalization and the trends regarding international connectedness. This paper will also examine a socioeconomic view of globalization as it relates to the rise of increasing interconnectedness in international politics.
Globalization is a powerful phenomenon of the ever expanding world system. Globalization represents one of the most influential forces in determining the future of international relations. These international relations have multiple dimensions: economic, political, national security, environmental, health, social, and cultural. The focus here is on the concept of globalization as applied to the socioeconomic interconnectedness. According to Emory University’s Department of Sociology, globalization refers to, “The expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society.” (Globalization issues, 2001). While globalization does not have a cl...

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...n in American history can be traced back to the post–Civil War era when internationalization and Americanization emerged in American ideology and expressions of power. From the post-Civil War period until World War I, globalization came under the guidelines of Anglo-American control of the transatlantic economy. (Globalization - first, 2013). From about 1850 to 1914 an international economy existed, managed by Great Britain, resting on free trade and open capital markets and reliant on colonies and developing areas as resource bases. The other large area of reliance came from consumers in advanced nations. It was in the midst of this first international industrial economy that the United States rode to world power on the strength of its economic muscle and competed with Europeans, spurred on by production and technological inventions. (Globalization - first, 2013).