"“GLOBALISATION” is a relatively recent
term. A search in the archives of this newspaper, perhaps the one most
closely associated with globalisation, shows the word first used in
1961 in an article on the need for economic reform in Spain. Only in
the 1980s did the term get the meaning it now has, when Theodore
Levitt, a Harvard academic, used it to refer to the spread of
corporations around the world. By the end of the decade, with the
Berlin Wall in pieces, the number of articles (and letters to the
editor) mentioning globalisation surged. Protests in Seattle in 1999
and in Genoa two years later encouraged more uses of the term, as did
global trade negotiations in 2006. But with the current recession, the
term is somewhat out of fashion." (Economist
on-line, Nov. 5th, 2009)
The
Economist (July,
2009) has a prosaic and practical conception of the term: "
the more
or less simultaneous marketing and sale of identical goods and services
around the world. ...The statistic that perhaps best reflects the
growth of globalisation is the value of cross-border
world trade expressed as a percentage of total global GDP: it was
around 15% in 1990, is some 20% today and is expected by McKinsey &
Company, a consulting firm, to rise to 30% by 2015.
...Globalisation “is the freer movement of goods, services, ideas and
people around the world” ...A former chief executive of Coca-Cola
admitted that the company had once upon a time changed its
globalisation strategy. “We used to be an American company with a large
international business,” he said. “Now we’re a large international
company with a sizeable American business.”".
Academics and Social Scientists have a different and more conceptual
view:
Manfred B, Stenger:
Globalisation - a very short introduction, Oxford, 2009.
"Globalisation is not a single process, but a set of
processes that
operate simultaneously and unevenly on several levels and in various
dimensions" (p 36). He suggests that there are five major strands to
the phenomenon/process:
economic, political,
cultural, environmental, ideological; and
offers the follwing
definition: "
Globalisation refers to the expansion and
intensification of social relations and consciousness across world-time
and world-space. (p15). [Note - Stenger
apparently discounts or subsumes the influence of 'technology']
The
Stanford Encyclopedia of
Philosophy has an extensive discussion of
Globalisation
definitions and ideas – (note the ‘David Harvey’ cited here is NOT
me). "
most contemporary social
theorists endorse the view that globalization refers to fundamental
changes in the spatial and temporal contours of social existence,
according to which the significance of space or territory undergoes
shifts in the face of a no less dramatic acceleration in the temporal
structure of crucial forms of human activity. Geographical distance is
typically measured in time. As the time necessary to connect distinct
geographical locations is reduced, distance or space undergoes
compression or “annihilation.” The human experience of space is
intimately connected to the temporal structure of those activities by
means of which we experience space. Changes in the temporality of human
activity inevitably generate altered experiences of space or territory.
Theorists of globalization disagree about the precise sources of recent
shifts in the spatial and temporal contours of human life. Nonetheless,
they generally agree that alterations
in humanity's experiences of
space and time are working to undermine the importance of local and
even national boundaries in many arenas of human endeavor.
"
You could also try the
Globalisation
Web Site - for a Sociological perspective;
or
Global
Transformations, by David Held and Anthony McGrew, David Goldblatt
and Jonathan Perraton, which is well organised and has the major
links. This site "serves to support and extend the resources of those
who use the
Global
Transformations books series. The series comprises four books:
*
Global
Transformations, on the changing
nature and shape of globalization over time. (Robinson Books Level 3 (327 GLO )
* The
Global
Transformations Reader, which offers a comprehensive set of
texts on the great globalization debate – texts which are
representative of all the major points of view and research traditions
on this topic (Robinson Books Level 3 (303.482 GLO )
*
Governing
Globalization, which explores how globalization is governed, the
problems of governance and what can be done about these. (Robinson Books Level 3 (341.2 GOV )
*
Globalization
Theory, which aims to extend our understanding of how
globalization can best be examined and explained."
The
Levin Institute - State
University of New York, has a
comprehensive
Globalisation
101 site, and defines Globalisation as "
Globalization is a
process of interaction and integration among the people, companies, and
governments of different nations, a process driven by international
trade and investment and aided by information technology. This
process has effects on the environment, on culture, on political
systems, on economic development and prosperity, and on human physical
well-being in societies around the world." There is
a wealth of basic information and explanation on this page.
See also, Smith, M. K. and Doyle M. (2002) '
Globalization',
The encyclopedia of informal education
(
infed) which, itself, is often
a useful port-of-call for ideas and synopses of major ideas and issues,
though can become out-of-date rather quickly - much like the rest of
the world!
2. When did it actually start?
(following Stenger,
op cit., and with some relevant links -
excluding the obvious & sometimes dangerous recourse to Wikipedia)
12000BC(E): our
hominid ancestors had settled all five continents from their origins in
East Africa: see, e.g.
The
National Geographic's Genographic
Project
8000BC(E):
Cultivation (Farming)
begins in the Fertile Crescent, north-central China, North
Africa,
north-western India and New Guinea -> increased populations, settled
permanent villages and fortified towns – powerful (and relatively rich)
communities based on agriculture and food production -> distinct
‘craftsman’ (innovation and invention of new tools and artefacts) +
professional soldiers and bureaucrats (governors). (see, e.g.,
History
World International)
3000BCE:
Writing invented
in Mesopotamia, Egypt and Central China; + the
Wheel in South-West
Asia, rapidly diffusing throughout Eurasia (geography and climate, and
our principal food crops and domestic animals) c.f. the Inca, who
managed a mighty empire without either) –
world population, about
1 million
1600
- 1100BCE - Shang Dynasty in
China providing our earliest recorded written history
221BCE:
Qin Emperor unified
much of north-west China -> Han, Sui, T’ang, Yuan and Ming dynasties
ruling large empires to 1500CE, and included major advances in
astronomy, maths and chemistry: - new ploughshares, hydraulic
engineering, gunpowder, tapping natural gas, the compass, mechanical
clocks, paper, printing, and sophisticated metalworking -> vast
irrigation and water transport systems, codification of laws,
standardisation of weights and measures, values of coinage, -> the
Silk Road, linking to the Roman empire – only to succumb to ‘fateful
political decisions’ to turn inwards, halt overseas navigation and
trade and mandated a retreat from further technological development
(according to Stenger,
op cit.).
[For an impressive depiction of the
growth of these trade networks
between 3500BC and 1500AD see Andrew Sherratt, ArchAtlas (University of
Sheffield) Trade
Routes - Growth of Global Trade.
Consequences: economic
and cultural exchange -> major migrations and population increases
(see, also, Michigan
Global Change Lectures) -> rise
of major cities + culture
clashes, ‘globalisation’ of previous local religions, and spread of
disease. History
World is also a useful site to
check dates and events - try travel
& transport timeline, or commerce & industry - see the "single
subject timelines" for instance.]
1350AD Plague kills up to 1/3
of population in China, Middle East and Europe, spreading in both
bubonic and pneumonic versions from Asia and China - the
Black
Death, and eventually, in the 1500s (16th C) an estimated 18million
native Americans.
1452:
Printing: The
Gutenberg
Bibles printed - the founding of the 'modern' globalisation?
1492: Columbus
finds the Americas, instead of the Asian spice islands, and begins the
European colonisation of the Americas.
1500 – 1600: the (European)
Renaissance:
a (the?) transition from the Middle Ages to the Modern era as the
're-birth' and beginning of modern history. "a rediscovery of rational
civilization (exemplified by Greece and Rome) after the medieval
centuries - seen as superstitious and artistically primitive."
1600-1750: The
European
Enlightenment: (see, also, the
New
World Encyclopedia)
Wikipedia:
“
The Enlightenment is held to be the
source of critical ideas, such as the centrality of freedom, democracy,
and reason as primary values of society. This view argues that the
establishment of a contractual basis of rights would lead to the market
mechanism and capitalism, the scientific method, religious tolerance,
and the organization of states into self-governing republics through
democratic means. In this view, the tendency of the philosophes in
particular to apply rationality to every problem is considered the
essential change.” + the reformation (of the Catholic Church)
-> major European growth and expansion of trade: National Joint
Stock companies of
Dutch
East India Company, and the
British
East India Company (and
East
India Company) both formed in the early 1600s., and, of course, the
archetypical example of the evils of trade, exploitation and greed –
the triangular slave
trade.
1607: The first permanent
British settlement in North America –
Jamestown,
Virginia – whose prosperity grew through tobacco, and the slaves
used to grow, harvest and process it.
1620: the
Pilgrim
Fathers sail to America on the Mayflower, a ship belonging to the
Plymouth Company (main interest, cod fishing), which had a royal
charter to found and govern new colonies in America.
1648:
Sovereign States: the
Treaty of
Westphalia (ending the thirty years war, and, arguably, the
predominance of religion as the basis of common rule) and giving birth
to the ‘western common model’ of independent sovereign states.
1720:
South
Sea Bubble - the second major European
speculative
bubble, after the tulip bubble in the Netherlands in 1593.
1765: Arkwright invents the water (spinning frame) (water powered).
1698:
Savery invents a steam driven pump.
1705: Newcomen invents and patents his steam engine, to pump water from mines, and the technology of the
Industrial Revolution begins.
1769: James Watt patents his seperate condensor and fathers the modern steam engine.
1804: Trevithik's steam train moves coal by tramway (rather than rail), for the first time, and the
rail age is born
1825: the
Stockton & Darlington Railroad Company
began as the first railroad to carry both goods and passengers on
regular schedules using locomotives designed by George Stephenson.
1838:
Brunel's Great Western steamship enters service - extending steam transport from London to America.
1821: UK establishes the
gold standard in law, following
de
facto use for more than 100 years.
1848: Marx and Engels
publish the
Communist
Manifesto:
which neatly encapsulates a critical essence of globalisation: “
The discovery of America prepared the way
for might industry and its creation of a truly global market. The
latter greatly expanded trade, navigation, and communication by land.
These developments, in turn, caused further expansion of industry. The
growth of industry, trade, navigation and railroads also went hand in
hand with the rise of the bourgeoisie and capital which pushed into the
background the old social classes of the Middle Ages. .. Chased around
the globe by its burning desire for ever-expanding markets for its
products, the bourgeoisie has no choice but to settle everywhere;
cultivate everywhere; establish connections everywhere. .. Rapidly
improving the instruments of production, the bourgeoisie utilises the
incessantly easing modes of communication to pull all nations into
civilisation – even the most barbarian ones. .. In a nutshell, it
creates the world in its own image.” (Steger, p 32)
1866: Transatlantic
telegraph link finally becomes fully operational (after first cable
laid in 1858)
1885:
Canadian
Pacific Railway (CPR) completed - and Canada becomes a country
(actually established under the British North America Act of 1867) -
see
Map
1897/99:
Crow's
Nest Pass Agreement between the Canadian Government and the CPR,
fixing and freezing freight rates to and from Western Canada "into
perpetuity", with consequences (e.g. Harvey,
1980) which lasted until 1995, when the effective subsidisation of
grain freight rates was finally repealed.
1913:
Major European
colonisation of the South, massive trade (12% of GDP for the
industrialised countries, not surpassed until the 1970s); world wide
brands – Coca Cola, Campbell Soups, Singer sewing machines, Remington
typewriters. “
There is no question
that interstate rivalries intensified at the outset of the twentieth
century as a result of mass migration, urbanisation, colonial
competition, and the liberalisation of world trade. The ensuing period
of extreme nationalism culminated in two world wars, a long global
economic depression, and hostile measures to protect narrowly conceived
political communities.” (Stenger, 2009, p 35).
Trade
=> Empires or Empires => Trade? where Prof. Ken Morgan
concludes that "
The current consensus
is that trade and empire were significant for British economic growth
in the Hanoverian period, even if they were not decisively important.
British hegemony in empire and trade by 1815 was such that Britannia
did rule the waves; but this would not have been achieved without the
strong support provided by the 'military-fiscal' state and the Royal
Navy. "
1914-18:
The Great War:
Grim
statistics: 65m mobilised, 8.5m killed.
1917: The
Russian
Revolution.
1922: Soviet Republics united
into the
United Soviet Socialist
Republic (USSR), on which
Leon
Trotsky commented in 1936: "
It is
a lie and a triple lie to allege that socialism has been realized in
the USSR." Others simply said that the USSR was a lie in every
word
1929:
The Great
Crash -> the
Great Depression.
1933: The
New Deal
launched by President Roosevelt in the US.
1933:
Nazi Government
in Germany – the Third Reich.
1939 – 45: World War II.
50-70m
killed, of whom, 20-25m military.
1944: POST WAR 'CONCENSUS: Bretton
Woods: International ‘summit’ meeting - Establishment of the
World Bank
(International Bank for Reconstruction and Development - IBRD) and the
IMF
(International Monetary Fund) as major arms of world governance, and
the foundation of the
GATT
(General Agreement on Tariffs and Trade, signed in 1947), as the
intended companion of the Internatinal Trade Organisation (ITO),
eventually to become the World Trade Organisation (
WTO) in 1995, to complement the
United Nations (1945
- see
here
for a brief history, and
here for a brief
outline of the organisation and its agencies).
1945: - Hiroshima and Nagasaki
destroyed with US (allied)
atomic
bombs. WWII ends, and the nuclear age begins.
1945: United
Nations Charter comes into force (24th October), this
day has been celebrated as United Nations Day since 1948.
1946: Cold War
begins as the
Iron Curtain
descends across Europe from Stechin (Stettin) on the Baltic to Trieste
on the Adriatic.
[See, also, the
changing map of
Europe: 1519-2009]
1947: IMF begins operations.
1947: GATT signed, eventually to become
the World Trade Organisation (WTO) in 1995.
1961: The
Berlin Wall is
erected.
1962:
Cuban Missile Crisis -
timeline
1971: UK, Ireland and Denmark join
the European Union.
1971:
Collapse of
the Bretton Woods Fixed exchange rate system - and the beginning of
'floating' exchange rates (and, as a result, of the importance of
inflation and the primacy of Monetary policy.
1972: The
Great
Grain Robbery - USSR buys 440m. bu. wheat (15m tonnes, c.f.
'normal' years' purchases of 300 - 400k tonnes) from the US, greatly
exceeding forecasts of their imports, and leading to major commodity
price spikes - wheat prices tripled by the end of 1973, corn and
soybean prices more than doubled, and wholesale food prices climbed 29%.
1973: OPEC
embargoes oil exports to the US in response to the Yom Kippur war and
the US support of Israel. US oil prices rose almost 4 fold. "on October
17, OPEC struck back against the West by imposing an oil embargo on the
U.S., while increasing prices by 70% to America's Western European
allies. Overnight, the price of a barrel of oil to these nations rose
from $3 to $5.11. In January 1974, they raised it further to $11.65."
[These 3 events -
the floating
(depreciating) $;
Food
Commodity Price
Spike;
OPEC's oil price spike
- led to fears of Malthusian catastrophe
and also to rapid monetary expansion (especially in the UK and US) to
avoid raw material price driven recession -> double digit inflation
(25% in the UK for almost 2 years). See
UNCTAD
stats for commodity price index history (
nominal
terms). It
practically coincided with the
Club of Rome's
publication of the Limits to Growth report (1972)
1988: The International Panel on Climate Change (
IPCC),
established by the UN’s World Meterological Organisation and the UN
Environment Programme (UNEP), which has
three working groups and one task force,
as the world begins to recognise the possible dangers of climate change.
9/11/1989:
Collapse
of the
Berlin
wall, following Gorbchev's "
Perestroika"
(restructuring) and "glasnost" (openness)
1991: Iraq invades
Kuwait, and the first Iraq war (
Desert Storm)
results, driving Iraq out of Kuwait.
1995: World Trade Organisation (WTO) formed - see, also, a
companion site (
GATT.org.)
1999: 30,000 demonstrators
disrupt the WTO summit in
Seattle
2001: China joins the
World Trade Organisation.
9/11/2001: al-Qaeda
coordinated attacks on Twin Towers of the World Trade Centre, New York
and the Pentagon, Washington using hijacked airliners, killing almost
3,000 people, including 19 hijackers, leading to
war in
Afghanistan to 'destroy'
Osama bin
Laden's base - in this case the
Wikipedia
entry is about as good as any other.
March, 2003:
The 2nd Iraq War
7/7/2005: London subject
to 4 suicide bombings, killing 52 and injuring 700, in an apparent
response by British Islamic fundamentalists against the Iraq war. on 21
July, another bombing attempt failed.
2006 – 2008: World
Commodity Price Spikes. (Wikipedia, in this case, is a good summary
site - though the World Bank, FAO and OECD and IFPRI are also relevant).
April, 2007:
New Century
Financial, which specialises in sub-prime mortgages, files for
Chapter 11 bankruptcy protection and cuts half of its workforce.
August 2007: French bank BNP
Paribas suspends three investment funds with exposure to US sub-prime
mortgage stocks
September 2007:
Northern
Rock suffers a run (the first on a British bank for ?? years), and
is forced into public ownership.
15/9/2008:
Lehman
Brothers bankruptcy – the final ‘trigger’ for the Credit
Crunch.
August 2012: Russia joins WTO, following 19 years of tortuous negotiations.
What next?? To
see where we have come over the last 200 years - see Gapminder
World.
See, also: WorldMapper
(wealth) (also, communications) - though data now somewhat out of date.