Blogging through Media Trends and Globalization (2023)

1) Summarize There is a clear consensus that the  business corporation - specifically the transnational corporation (TC) - is the central actor: the  primary shaper of the global economy. The chapter focuses on five related issues: (1) the scale  and geographical distribution of TNCs in the global economy; The most  comprehensive definition of a modern TNC, and the one that underpins the discussion in this chapter, is  a firm which has the power to coordinate and control operations in more than one country, even if it  does not own them'. What they all have  in common is that they operate in different political, social and cultural environments. (2) why and how corporations engage in  transnational activities; MARKET-ORIENTED INVESTMENT It may have identified new markets that require a direct presence in order to serve them efficiently: Asset-orientend investment There is no doubt that some types of  transnational investme...

1) Summarize The definition of Political Globalization refers to the intensification and expansion of political interrelations across borders. It involves the increasing interconnectedness of political institutions, processes, and actors on a global scale. Key Components include State Sovereignty and Global Governance, Transnational Actors,  Communication and Information Technologies,  Migration and Diaspora Politics. 2) Interesting They also raise 4 interesting points, global issues， Criticisms and Challenges, Cultural Dimensions, Impact on Identity. Political globalization involves the recognition and addressing of global issues that require collective action, such as climate change, human rights, terrorism, and economic interdependence. Critics argue that political globalization may lead to the erosion of national sovereignty, potentially resulting in a democratic deficit and increased power imbalances. The uneven distribution of power and resources in the gl...

1) Summarize  Tomlinson makes the point that globalization is a multidimensional process, taking place simultaneously within the spheres of the economy, of politics, of technological developments  particularly media and communications technologies - of environmental change and of culture.  Because of the network of world connections he examined at the time, he could not find a place for global culture in the economic, political, military, social, technological, and environmental explanations of the past. He believes that there is a multidimensional "globalization" in which the cultural dimension is an important area that needs to be studied separately. In my opinion, culture is people's understanding of that person's daily life, and how they see their particular life. Its spread and diffusion are very complex. As it has been said throughout the book, the strength of a country's economy does not mean that there is a possibility of changing culture. 2) Interesting A...

1) summarize  To characterize globalization are the following. First, globalization consists primarily of two major directional tendencies, increasing global connectivity and increasing global consciousness. Consciousness does not imply consensus, merely a shared sense of the world as a whole. Second, globalization has a particular form, one which has been, to all intents and purposes, consummated by the founding of the United Nations organization. This means that, like the operations of the UN, globalization is focused upon four points of reference: nation-states; world politics;  individuals; and humankind. Third, globalization is constituted by four major facets of human life -  namely, the cultural, the social, the political, and the economic. These dimensions are in reality heavily  intertwined, one or two aspects being more prominent at any given time or place. For example, in the modern world, the cultural and the economic are closely interpenetrative. For the...