Blogging Through Media Trends and Globalization (2022)

What is the relation between economy and globalization?  Reading Assignment 4: Economic Globalization 1. Summary  From the perspective of economic globalization, transnational corporation (TNC) are leading the global economy. TNC refers to a company that can operate and control in more than one country. TNC is mainly measured using 'foreign direct investment' statistics. 'Foreign direct investment' is an investment that occurs when a company in one country purchases a dominant investment in another country or when a company establishes a branch or subsidiary in another country. TNC can mostly found in developed countries. These days, however, the number of TNCs is increasing even in developing countries, and the diversity of TNCs is also increasing.  Two reasons why companies expand their business outside of their countries are ‘Market-Oriented Investment’ and ‘Asset-Oriented Investment’. Most of the TNC use ‘Market-Oriented Investment’. A company may have made suff...

  Political Globalization Gerard Delanty and Chris Rumford 1. Summary For some, political globalization provides an opportunity to liberate, but for others, autonomy is lost. The form of political globalization is the spread of democracy based on parliamentary nation-states. In the global term, civil society is a space that is independent of global capitalism beyond the realm of state and government. Civil society was formed by international non-governmental organizations and various social movements. Countries have the ability to regulate. Currently, the function of regulation is not limited to one country, but it is implementing regulations through cooperation with other countries. The separation of nationality and citizenship has become very ambiguous due to the global normative culture, which can be seen as a phenomenon in which the boundaries between international law and the laws of a country disappear. Communication is the center of politics. Nation-states are based on...

  What is the relation between culture and globalization?   I think there is a relationship between culture and globalization that develops each other more. For example, SNS such as YouTube and Instagram is very active. Through this, people around the world are exposed to K-content, which indicates that they are quickly exposed to Korean culture. Also, SNS is easy to communicate with people around the world, so there will be a culture that arises from SNS. I think this is a culture created by people from various countries. This means that even if their nationalities are different, the culture they create through SNS is created. The development of technology like this is very helpful in conveying culture faster. As shown in the example above, if culture is delivered quickly, the pace of globalization will also be faster. This is because the speed of understanding and experiencing their culture has become much faster than in the past.

Cultural Globalization John Tomlinson THE RELATIONSHIP BETWEEN GLOBALIZATION AND CULTURE 1. Summary Globalization refers to a rapidly developing network in which the interconnectivity that determines the material, social, economic, and cultural life of the modern world. Connectivity is the use of communication technology, which affects our daily lives a lot. Since we cannot escape the capitalist system, the most important thing in globalization is the economic sphere. However, we must not prioritize the process of globalization. One common assumption in the process of globalization is that globalization will lead to a culture. The reason why this seems possible is that the integration effect of connection can be seen in the economic area. Indeed, some globalization has general unity. But increasing connectivity by no means means that it is economically and politically unified. Cultural globalization implies a form of cultural imperialism. For example, non-Western cultural tra...

  What Is Globalization? Roland Robertson and Kathleen E. White 1)Summary This article tells us about various ideas about globalization. A single definition of globalization is known to increasing connectivity (or interconnectedness) whether long process or short process. The author argues that globalization consists of an increase in connectivity and an increase in consciousness. In addition, there are four dimensions of globalization, which are cultural dimension, social dimension, political dimension, and economic dimensions. The cultural dimension has become more prominent due to the economic dimension. For example, McDonald’s is currently spread all over the world. But there are some menus that differ from original McDonalds’. This phenomenon occurs because each country has a different culture. The author argues that it is not right behavior to think about which of these four dimensions is more important. These are more noticeable or less noticeable compared to other thi...