The whole pace of business is moving faster.
Globalization is not the only thing influencing events in the world today, but to the extent that there is a North Star and a worldwide shaping force, it is this system. Indeed, Friedman is only one in a long line of commentators and analysts who have ascribed tremendous importance to the forces of globalization and informatization that have already redefined industries, politics, and cultures, and perhaps the underlying rules of social order.
This complex multi-level process of mediation between the global and the local, as an inherently communication phenomenon, promises to change not only the context, but likely the nature of intercultural communication. But what are these forces that seem to have such a profound effect on our lives?
The awesome potential of information technologies and globalization has already had a profound impact upon industries, particularly the financial markets. What are the implications of these forces for those interested in intercultural communication?
Moreover, in what ways can intercultural communication theory help us to understand these Globalization as the inexorable integration of Is the traditional study of intercultural communication, bound as it is by the interpersonal context, even relevant to the new issues arising with globalization and informatization?
It is the purpose of this essay to explore the relevance of these globe-shaping forces to intercultural communication, and vice-versa, to identify some of the salient questions for theorists of intercultural communication that arise as a result of these forces, and finally, to identify the role of intercultural communication in providing foundations for understanding a globalized, technologized world.
Globalization has been defined in various ways, but is most typically defined in reference to the interconnectedness of political entities, economic relationships, or even computer networks.
Globalization refers primarily to the ways in which economic and industrial institutions such as industries or corporations interact in various locations throughout the world, with primacy given to no specific geographic location. Kennedy describes globalization in primarily economic terms, defining it as primarily integrative structures p.
He further argues that globalization of economic structures means that local and national governments eventually cede control of policy to the global institutions primarily multinational corporations, but also including non governmental, regional, or international organizations, such as the World Bank or the International Monetary Fund.
Even though the term globalization typically refers to economic phenomenon, there are ripple effects that make the impact of globalization much broader socially and culturally. Ideas, customs, and cultural movements all follow closely after the exchange of goods across national boundaries.
At the recent Davos Economic Forum in Switzerland, Humberto Eco differentiated between globalization as a fact and globalization as a value.
Globalization as a fact is the real economic ties, institutions, and realities that underlie a new economy. Globalization as a value is the extent to which we seek further integration of markets, pools of capital, and industries, although many seem to use the term to refer not to greater economic integration, but rather cultural and social integration.
Not everyone is in full support of further globalization, as is evidenced by the December, riots at the World Trade Organization in Seattle. Opponents, such as Stop WTO!
By informatization, I refer to the process primarily by which information technologies, such as the world-wide web and other communication technologies, have transformed economic and social relations to such an extent that cultural and economic barriers are minimized.
In his groundbreaking book, Information Society as Post Industrial Society Yoneji Masuda argues that the technological innovations will provoke radical cultural and social changes that will be fundamentally different from the status quo.Friedman argues that 'globalization involves the inexorable integration of markets, nation-states, and technologies to a degree never witnessed before' (, p.
7). Kennedy () describes globalization in primarily economic terms, defining it as primarily integrative structures (p. 47). New Left Review 87, May-June Save a PDF file; Send an email; Print article; wolfgang streeck HOW WILL CAPITALISM END?
There is a widespread sense today that capitalism is in critical condition, more so than at any time since the end of the Second World War.  A version of this text was delivered as the Anglo-German Foundation Lecture at the British Academy on 23 January We discuss how remote development teams can function well within the paradigm of Agile and how to ensure remote devs can collaborate as necessitated by Agile.
The Implications of Hyperglobalist Globalization on World Regions - Even though the globalization skeptics and the transformationalists both have viable interpretations of globalization, I believe that the hyperglobalist perspective is the most accurate.
The Institute of East Asian Studies organizes and sponsors research and public service programs related to the history, cultures and contemporary affairs of East Asia, at the University of California, Berkeley. These are scary times for managers in big companies.
Even before the Internet and globalization, their track record for dealing with major, disruptive change was not good.