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The 3 eras of globalization
- Globalization 1.0
- from size large to size medium
- countries & muscles as the
dynamic force of global integration
-> counties globalizing
- the extent of brawn & the use of that
- the extent of brawn & the use of that
- 1492 (Columbus) - 1800
- breaking down walls &
knittig the world together
- from size large to size medium
- Globalization 2.0
- 1800 - 2000
- interrupted by the Great Depression &
World War I + II
- interrupted by the Great Depression &
World War I + II
- from size medium to size small
- multinational companies as
key agent of global integration
-> companies globalizing
- 2 periods of powering the global
integration
- 1. by falling transportation costs
- 2. by falling telecommunication costs
- 1. by falling transportation costs
- birth & maturation of global economy
- global market develops
- global market develops
- breakthroughs in hardware
as dynamic force
- 1800 - 2000
- Globalisation 3.0
- start right around the year 2000
- from size small to size tiny
- flattering the playing field
- newfound power for individuals
as dynamic force of globalisation
-> individuals globalizing
- people have more power to go globals as individuals
- collaborating & competing globally
- people have more power to go globals as individuals
- differences to globalization 1 + 2
- way of shrinking & flattering the world
- way of empowering the individuals
- driven by individuals & diverse groups
(not only by Europeans & Americans)
- way of shrinking & flattering the world
- start right around the year 2000
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