Globalization can be defined as spreading, combining and collaborating on mainstream economic, political and cultural ideas and practices all around the world in a way that allows people in other parts of the world to connect and experience things they may not have always known. (Stiglitz, 2006)
The idea of globalization many times can go hand in hand with the idea of capitalism because businesses spread their ideas and products all over the world for all people to share. (Stiglitz, 2006) Some people are happy with the effects of globalization on the world because it allows cultures to interact and overlap. For example, kids in China may be able to eat lunch at McDonalds or kids in Europe can shop at the Gap.
However, others may believe globalization has had a negative effect on the world because it interferes with the cultural and religious beliefs of people in certain areas. Another negative aspect of globalization can be the fact that people of a certain culture and religion could lose their identity because they become so consumed by influences from other parts of the world. People also believe globalization could have a negative effect on the world because mass production of goods and services being spread around the world could have harmful effects on the environment. (Stiglitz, 2006)
The concept of globalization can be seen in many different ways ranging from the spread of democratic societies throughout the world right down to the film industry. The example I chose to illustrate globalization is the spread of the film industry to India and what has become known as "Bollywood." For years people in India were infatuated with American films. Slowly the Indian film industry took many ideas from Hollywood, and made them in to their own until they began a full-fledged film industry. Today, "Bollywood" is a highly successful profiting business in India, and has become part of India's cultural identity. (Ganti, 2004) the example of "Bollywood" shows the ways in which globalization mixes cultures and helps people to create their own identities based on ideas and cultural beliefs that may also belong to other people.
Works Cited
Ganti, Tejaswini. Bollywood, Routledge, New York and London, 2004.
Stiglitz, Joseph. Making Globalization Work. New York: W.W. Norton & Company. 2006.
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