What is globalization?

1. summary
This text talk about various perspective of globalization.
In the late 1990s there are the antiglobalization movement. As this movement grew 
international organizations like the World Trade Organization (WTO), the International Monetary Fund (IMF) and the G7/8 assemblies. And great inequalities were produced by globalization.
in the early 2000s between the notions of globalization from above and globalization from below. Meanwhile, in the early 1990s the more affluent nations developed a policy, promoted particularly about  desirability of open markets, free trade, deregulation and privatization.  And nation consider about military, international conflicts, strategy and so on. Because globalization also means competition.the expansion of capitalism around the world has of seeming necessity involved the elevation of the cultural themes.
Sociologists said there are three dimensions of globalization. It is the economic, the political and the cultural globalization. Cultural globalization effect to the economic globalization.
 McDonald’s Corporation, Nike, Starbucks, the Gap, Kentucky Fried Chicken (KFC) are spread to all around the world and adapted brands to local circumstances. 
Glocalization is way to make relationship and protect the local identity. It mix the global(foreign)culture and local culture.

2. What was interesting/what did you learn:
 From this text, I learned historical, economic and identity of globalization.
I thought capitalism is very important reason and big part of globalization and globalization is large stream of society. Because people started to go and  interchange with other c ountry to get more products and wealth. Nowadays, economy is connecting and one country's problem affect to other country's economy.
And I thought wealth can accumulate by globalization, but sometimes countries have to protect from competition.
Some individual live their own country, and experience other countries indirectly. Corporation and nation play important role.  But  individual's international exchange became active more and more.
So globalozation will advance in the close future. And I was interesting in glocalization and identity.
Because I think maintaining traditional culture is also very important.  

3. Discussion Point:
I think about exchange among nations. Globalization is chance for many countries.
Because they can get more information and market can be bigger.
However, at the same time their cultural side can be decreased gradually, not glocalized.
How can we maintain balance between tradition(old custom) and foreign culture?
Should we accept it as social stream or should restrict more?