Name:
Professor:
Course:
Date:
Introduction The world economy has realized major changes in terms of growth and structure towards trade in goods as well as assets, with trading nations becoming increasingly interdependent upon each other. In the last thirty five years, this process has developed at an accelerated speed and is now a major factor, in controlling the aspect of life today. This occurrence is accredited to globalization. There is much concern as to the effects of this change to the average citizen, whether negative or positive, which leads to the question as to whether or not the average citizen should resist globalization.
What is globalization? The definition of the term globalization is somehow vague in comparison to the process. Most people are usually ignorant of its reach and impact yet it touches all aspects of the economy because it involves the processes that incorporate people in the world into one big society. By definition, globalization is the development of integration internationally, arising from the exchange of world views, …show more content…
Galbraith (1963) developed a theory used in explaining challenges to corporate power (theory of countervailing power: power concentrations are temporary due to their stimulation of oppositional forces and rise of rival centers of power) which would explain the rise of the global civil society. The theory therefore indicates that the global civil society is a counter-reaction against neoliberalism. This therefore underlines the ideology behind most the movements in advocating for worldwide social justice directed towards a need for extending the impact of human rights, coming up with networks to pressurize international organizations (Kaldor, 2003). The creation of a structure of global governance has promoted the growth of global civil society groups, enabling them to come up with funds and as well engage in the formulation and implementation of