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This 8 page paper explains and discusses different conceptualizations of globalization: skeptics, neo-liberals, radicals, and transformationalists. Each approach is described in terms of its major tenets and beliefs. Bibliography lists 7 sources.
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8 pages (~225 words per page)
File: MM12_PGcptgl.rtf
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and the transformationalists" (Held et al. 1999, p. 2; also see Engen, 2001 and Castles, 2000). The hyperglobalizers cover a vast range of ideas, from "orthodox Neoliberal accounts of globalization
can be found alongside Marxist accounts" (Held et al. 1999, p. 2). Skeptics suggest that globalization is nothing more than a myth (Held et al. 1999). Skeptics claim that the
reality is that there is "an international economy increasingly segmented into three major regional blocs in which national governments remain very powerful" (Held et al. 1999, p. 2). Ohmae (2005)
also commented the trend towards region states and referred to them as the next major step in globalization. Skeptics is also a broad range of ideologies with some being very
conservative and others being very radical (Held et al. 1999). The transformationlists argue that globalization is about a transformation that is leading "states and societies across the globe are
experiencing a process of profound change as they try to adapt to a more interconnected but highly uncertain world" (Held et al. 1999, p. 2). The three categories seem to
encompass what can only be described as widely divergent concepts of globalization within each category. Hyperglobalists suggest that it is impossible for nation-states to act as a business unit (Held
et al. 1999). The neo-liberal sub-segment suggests that there is or will be a single global market and that this change is a reflection of "human progress" (Held et al.
1999, p. 3). As "transnational networks of production, trade and finance" (Held et al. 1999, p. 3) emerge, economies become denationalized, thereby eliminating economic borders (Held et al. 1999). In
other words, world markets are far more powerful than are most nation-states. Governance is changing in these smaller countries in order to participate in the global market and also to
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