Dynamics of Globalization and its global capitalism and corporatism

“Instead of having a set of policies that are equipping people for the globalization of the economy, we have policies that are accelerating the most destructive trends of the global economy.”

~Barack Obama

                                      In this week, Prof. Evangelous presented the lecture on the topic of globalization and its problem with clear vision of examples. For me, this topic moved me a lot to more concern about it. During this week taught me more on globalization than previous week which was about the Globalization and its concepts and contestations. But this time, I have improved a lot to understand a bit about Globalization, Regionalization, Nationalization and Localization which has much impact on our surrounding where the conscequences and the effects of it is concerned more. I think to understand and describe globalization it is not enough to concentrate on the primary phenomena. Not less important for the globalization dynamic are the consequences and effects. In other words, the impact of globalization is less about the direct way in which specific policy choices are made, as the shaping and reshaping of social relations within all countries.

                                       On the other hand, since the globalization process has now gained strength of itself, states are also becoming objectively less powerful, less capable of fulfilling traditional ‘social’ tasks like redistributing welfare and protecting the environment. Furthermore, they are becoming less capable of fulfilling tasks necessary for international capital itself: securing property-rights and ownership, securing social order, fighting criminality, safeguarding peace and so on.

As I know from the some news that I heard and experienced, Globalization is about the two dimensional and dialectical. It is about thesis and anti-thesis. Because we can not yet clearly assess the strength of the consequences, we can not predict exactly the outcome of the process. The complexities of the process called into life by human technology, human ideology and human conduct are so great that the human mind, despite all the technological support available to it, ofcourse, we can not predict.


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