Assessment of the Essay of “the Fourth World War Has Begun
Assessment of the essay of “The Fourth World War Has Begun”
Words: 935
Student ID: 119047071
Introduction
Globalization is a process that integrates all the nations around the world, by the unification of global economy with the worldwide exchange of products and services (David, 2002). With that unification, the other matters, such as politics, technology, capital, labor force and culture, all have to undergo a international interaction and fusion. The rapid developments of information and telecommunication technology in recent years, as well as the construction of infrastructure like transportation, have promoted and accelerated the globalization process by connecting people more closely and compressing the time and space for communication. As a result, the nations are becoming more closely interdependent in today’s world. The four basic aspects of globalization identified by the IMF (International Monetary Fund) in 2000 includes: the trade and transactions cross borders, capital flow and investment, international migration of people and spread of knowledge.
Globalization is a rather controvertial topic and the supporters and opponents are both numerous. The essay of “The Fourth World War Has Begun” by Marcos focuses on the negative sides of globalization on a global perspective. First, the greedy and warlike logic of contemporary capitalism and markets, which has prospered since the end of the Cold War, is described. A comprehension of globalization as “world war” has been provided, and this war is fought between the candidates of ruling power of world economy, and the victims are the poor and the humanity, as well as the independence of states and national culture. What the war seeks is a redistribution of the world, and in the process more serious inequality has been caused. The national states have been subordinated to the logic of transnational financial power and commercial free trade, and are reduced to play the sole role of securing markets. Then
Words: 935
Student ID: 119047071
Introduction
Globalization is a process that integrates all the nations around the world, by the unification of global economy with the worldwide exchange of products and services (David, 2002). With that unification, the other matters, such as politics, technology, capital, labor force and culture, all have to undergo a international interaction and fusion. The rapid developments of information and telecommunication technology in recent years, as well as the construction of infrastructure like transportation, have promoted and accelerated the globalization process by connecting people more closely and compressing the time and space for communication. As a result, the nations are becoming more closely interdependent in today’s world. The four basic aspects of globalization identified by the IMF (International Monetary Fund) in 2000 includes: the trade and transactions cross borders, capital flow and investment, international migration of people and spread of knowledge.
Globalization is a rather controvertial topic and the supporters and opponents are both numerous. The essay of “The Fourth World War Has Begun” by Marcos focuses on the negative sides of globalization on a global perspective. First, the greedy and warlike logic of contemporary capitalism and markets, which has prospered since the end of the Cold War, is described. A comprehension of globalization as “world war” has been provided, and this war is fought between the candidates of ruling power of world economy, and the victims are the poor and the humanity, as well as the independence of states and national culture. What the war seeks is a redistribution of the world, and in the process more serious inequality has been caused. The national states have been subordinated to the logic of transnational financial power and commercial free trade, and are reduced to play the sole role of securing markets. Then