Time space compression refers to technological innovations that speed up the time and consequently reduces distance during a given historical moment. This technology change that resulted in space and time cannot be used alone without social change. David Harvey uses the measure in his work to analyze time space compression along with post modemity. David concludes that social change decreases into a “global village’’ in which interconnection plays an important role (Harvey 1990).
“Globalization shrank the world from a vast size to a medium size and it was spearheaded by companies globalizing for markets and labor” (Friedman 2005). This has forced individuals and communities to try to fit in this globalized world. This process has led to society empowerment in different parts of the world creating a very steep competition wher...
... middle of paper ...
...wants this has also called for increased consumption of energy. Still a lot of demand grows globally as new innovations are discovered creating greater consumption. This situation will create major strains on environmental and energy security which is constantly driven by increased population growth and economic growth. One type of energy greatly used is electricity and more projects are enhanced to promote equal distribution of this resource. Communities will benefit greatly especially in the developing countries thereby rising their standards of living.
Friedman L. Thomas; it’s a flat world after all. New York Times magazine, April 3. 2005; New York Times pg.32
Feldman .P. Maryann, the internet revolution and the geography of revolution (2002) Blackwell,
Harvey David; The condition of post modernity. (1990), oxford basil Blackwell
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Globalization is a process whereby international integration which is derived from the exchange of world opinions or views, ideas, products and various national cultures. Human communities all over the world have aggressively established closer ties over the years and grown faster recently. Globalization itself could be broken down to four major sectors; Globalization of the Economy, Globalization of Politics, Globalization of Culture and Globalization of Law. The dictionary does describe Globalization also as “… the act of extending to other or all parts of world”.... [tags: Globalization, Multinational corporation, Culture]
1246 words (3.6 pages)
- Globalization has proven itself to be highly detrimental to human life everywhere. Sure, there are a few quantifiable benefits; globalization has allowed the once region-specific resources of the world to flow to wherever demand exists in the global economy, and our possible depth of knowledge and pace of communication has expanded through the Internet, but the approach we continue to take leaves bloody footprints that are usually only visible to those who become victims of marginalization, the global underclass is often silenced.... [tags: Globalization 2014]
1640 words (4.7 pages)
- Globalization is a term that is unavoidable in today’s ever-connected society, and with the U.S. presidential elections up ahead, it is nearly impossible to go a day without hearing the topic discussed. The definition of globalization is worldwide integration and development:, and although this definition is constant to most people, the option on whether this act is a positive or negative event is still up for debate. Whether or not you are for or against the globalization of the world it is crucial to identify the promises and pitfalls of the inevitable occurrence.... [tags: Globalization, Culture, Nation, World]
1135 words (3.2 pages)
- The term “globalization” is defined by the oxford dictionary as “the process by which businesses or other organizations develop international influence or start operating on an international scale”. However, the definition, by the nature of the word itself, is continually adapting as the world changes. Personally, when I think of globalization, I think of a global society - one united by a common economic model, a common government, and an intricate, vibrant, yet shared, culture. Perhaps I am merely imagining globalization at its most extreme; a world in which globalization has happened in every aspect of society.... [tags: Globalization, International trade, Cold War]
1877 words (5.4 pages)
- ... Cultural globalization is a double-edged sword with both benefits and disadvantages to society. However, its threats to national traditions outweigh the progress it contributes to society. One of the threats to national traditions as a result of globalization is Americanization or spread of American values. The emergence of the Americanized World is in tandem with the growth of globalization. There is a convergence of consumers’ tastes and preferences whereby the American model serves as a blueprint for global culture due to increased interaction and communication globally.... [tags: cultural imperialism, homogenization of cultures]
684 words (2 pages)
- Globalization is a historical phenomenon that has been happening for decades now, and whether it generates growth or not is a matter of whose point of view it is. The western countries, especially America and some European nations, are the ones taking full advantage of the benefits of globalization. On the other hand, some experts say that globalization is not doing much for the developing countries, or that it may be even worsening their scenarios of poverty and social inequality. But, I will get back to that later .... [tags: Outsourcing, Offshoring, Free Trade]
2499 words (7.1 pages)
- We are living in a globalized era where the world has become a global village. Globalization has pervaded virtually every sphere of human life today. Increased flow of information owing to advances in information technology has made it possible for people from all over the world to interact and exchange ideas. Further, globalization has led to increased labor mobility as the number of multinational corporations rise with each passing day. This has led to people being deployed in different parts of the world away from their home countries.... [tags: English Domination, Labor Market]
1830 words (5.2 pages)
- What is Globalisation. The word globalisation can be defined as having many meanings. What is Globalisation. The word “globalisation” can be defined as having many meanings, depending on how one wish to interpret the true meaning of globalisation. Primarily, it can be seen as an economic phenomenon, which over the years has integrated national economic systems through international trade and investment. In general it can be used to describe the increased pace of interconnectivity that has taken place over the recent years in states and societies, which contribute to the present world system.... [tags: Economics]
1105 words (3.2 pages)
- When using Chanel’s cosmetics, when drinking Danone yogurt with breakfast, when driving Ford motor the way home, global brands which are highly visible symbol of the increasing integration of world market, could been discovered around everywhere. As Thomas L. Friedman (2005) states, ‘World is flat!’, which means world is being shrunk by the spreading of globalisation. Globalisation, a result of social development, can be described as the increase in cross-broader trade and influence on the economic and social behaviour of nation states (David Begg, 2003:272).... [tags: Globalization Economics Analysis Marketing]
1695 words (4.8 pages)
- Globalization is a term that has become very popular in recent times. It is a concept with many differing definitions. Thomas L. Friedman, author of The Lexus and the Olive Tree, describes globalization as a movement that enables individuals, corporations, and countries to reach around the globe farther, faster, deeper and cheaper than ever before. Globalization is the spread of free market capitalism to virtually every country in the world. Countries are encouraged to allow free trade, privatization and competition.... [tags: Economics Economy Papers]
1249 words (3.6 pages)