are some out there that feel the 21st
century "phenomenon" of globalization is nothing new. They point to information that shows ratios of trade to GDP are relatively similar between the early 20th
century. Thus indicating we were as global of an economy then as we are now.
While the economic picture might be similar, with the increase in air travel, and the Internet, the social and cultural scenes are far more global and a proper definition of globalization should compensate for this. YaleGlobal Online explains that, "distance has been largely overcome and human-made barriers lowered or removed to facilitate the exchange of goods and ideas."
Anthony Giddens says that, "[Globalization is] the intensification of worldwide social relationsÉin such a way that local happenings are shaped by events occurring many miles away."
But it is Charles Wolf Jr. that encompasses all sectors of globalization when he defines globalization as, "the increased speed, frequency and magnitude of access to national markets by non-national competitorsÉ[of which includes] to encompass all
markets: social, cultural, and recreational markets (including markets for intellectual property, literature, film, media, music, and sports), as well as those for merchandise and commercial services."
Wolf, Charles, Jr. "Globalization: Meaning and Measurement." Critical
Review 14 (Winter 2000): 1-10.
Wolf, Martin. "Will the Nation-State Survive Globalization." Foreign
Affairs 80 no 1 (Jan 2001): 178-196.