Wednesday, May 6, 2020

Globalization Is A Source Of Anxiety Essay - 1524 Words

We live in a world where, with every day that passes, more and more of the barriers that isolate us from the rest of the globe are being dismantled. But what implications does the process of globalization have with regards to its effects on real people in real time? Given the vastly different political and economic climates of different societies around the world, as well as the vast differences between class groups within individual societies, this issue is not as simple as pointing to an individual ethnographic example and stating ‘globalisation affects all of humanity in this way’. There are clearly going to be varying degrees of positive and negative implications, depending on the society in question. Arjun Appadurai identifies globalization as a source of anxiety for many in the academic world of the United States. He specifically refers to the fears of social scientists, that increased wealth through markets and deregulation is accompanied by increased economic ine quality (Appadurai 2000: 1). Economic inequality has become a fairly prominent issue in the aftermath of the 2008 financial crisis, which caused massive job losses, which in turn has led to greater and more prominent economic inequality. The anxieties that Appadurai attributes to the social science community can therefore be said to be, at least in part, completely founded. But is this inequality a result of globalisation as a whole? Or is it a result of the mechanism which drives it? In the case of thoseShow MoreRelatedThe Study of Modernism and Globalization1744 Words   |  7 Pages(2006:35). Its effects are dramatically different depending on geopolitical situations, peoples and countries. For the wealthiest countries it is a source of an ever increasing profit, whether it is culturally, economically, or financially speaking. 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