Blogging through Media Trends and Globalization (2023)

  Summary The authors present the history and global distribution of transnational corporations. The early emergence of trading firms in Europe played a key role in the evolution of the international economy. However, manufacturing firms did not begin to produce abroad until the second half of the 19th century. The number of global TNCs has grown dramatically over the last 50 years, and despite stringent ownership standards, some 61,000 TNCs now produce internationally in over 900,000 foreign subsidiaries. The largest 100 TNCs account for less than 0.2% of the total number of global TNCs, but contribute 14% of global foreign subsidiary sales. These are referred to as global companies, which are not geographically "global" but have a significant presence in the global economy. The authors also mention that global TNC activity is often measured using foreign direct investment (FDI). Over the past two decades, FDI has grown at a rapid rate, outpacing the growth of world trade, h...

1) Summary  The article explores the concept of political globalization, emphasizing that it is complex and that its impacts include conflicting, dislocated and flexible political forms. Explaining the interrelationship between the three dimensions of "global geopolitics, global normative culture and polycentric networks", the author argues that political globalization does not lead to global governance or a new order in world society, but rather to transnational political action that challenges neoliberal politics. The transformation, not the end, of the State, which remains the dominant form of social organization globally, and the two most powerful global actors, the United States and China, remain States. Exceptions were also mentioned, indicating that the State had changed under conditions of globalization and was no longer easily defined as a territory or a political community. Globalization had complicated the relationship between States and political communities, and ...

  1) Summary This article provides a general account of the intertwined and inseparable relationship between globalization and culture. The author suggests that globalization is a complex, multidimensional process that encompasses a number of areas, including culture, and that culture is not only affected by globalization, but also shapes and generates it. The author argues that globalization is an ever-changing and complex process that should not be simply equated with the emergence of a single global culture. The article also refers to the positive potential of the phenomenon of de-territorialization, namely that it can promote cultural openness, human interoperability and a sense of global ethical responsibility. Although it disrupts the experience of locality, it contributes to a broader cultural vision. So in the authors' view, de-territorialization may offer an optimistic outlook for dealing with the wide range of cultural and political challenges posed by global connectivity...

  Summary:  This article analyzes the comprehensiveness of globalization, emphasizes its different aspects and some main characteristics, and discusses the complexity and controversies of globalization. It provides in-depth analysis and understanding for readers to read. The article mentions the historical evolution of the concept of globalization, including how it gradually entered academic and political discourse, and points out how the multidimensional nature of globalization affects different disciplines in the field of social sciences.  The article points out that globalization mainly includes two trends: one is the increase in global connectivity, and the other is the enhancement of global awareness. Global connectivity involves the interconnectivity and connectivity of various parts of the world, while global consciousness emphasizes a shared understanding of the world as a whole, rather than necessarily consensus. The article also explains that globalization has a...