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Is Globalization A New Phenomenon?

globalization Phenomenon
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Is Globalization A New Phenomenon?

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A Brief historical sketch of globalization: How far are we willing to extend the chain of causation that resulted in those recent technologies and social arragements known as globalization? – Millennia: Any truly comprehensive account of globalization falls woefully short without the incorporation of ancient developments and enduring dynamics into our planetary history. – 16th century: Globalization began with the emergence of modernity and the capitalist world system. With significance placed on the time space compression that occured in the 16th century. – 19th century: Globalization must encompass the century ground breaking developments, with an emphasis on contemporary forms of globalization and the explosion of technology known as the industrial revolution. – 1970: Globalization must encompass postindustrialism in order to capture its contemporary features. Supported by the evidence that the dramatic expansion and acceleration of global exchanges since the early 1970 represents a

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