Globalisation, Historical And Contemporary Globalization

Globalization, historical and contemporary is a very open concept. Many sides are argued when it comes to globalization when it began, what it has caused and if it is positive or negative on society. All these views make it a difficult concept to discuss because there are so many sides it can be seen from and it is very difficult to find facts because not everyone agrees. Due to the fact that globalization is such an open idea it does allow people to present their own opinion on the matter making all of the material within globalization very exciting to learn about.

Every event in history has made some kind of effect on the world we know today. You have probably heard the phrase in 1492 Columbus sailed the ocean blue, well when Columbus found

An article in the economist, that focuses on all of the different views of contemporary globalization, states that many economists believe it is hard to decide if globalization is good or bad if they do not know when it really began. With this information it is difficult to argue how historical globalization affects us due to the fact that there is no true facts about when historical and contemporary globalization started or ended. It is agreed that contemporary globalization began in a time period of great economic change, or when effects of historical globalization truly began to show themselves in positive and negative ways. Contemporary globalization is defined as the last stage of globalization, this is very important because that means it can be seen as a last chance to atone for mistakes in history. Oxford academic considers globalisation the “big bang theory” of human history. A scholar that the article quotes named Adam Smith claims that 1492 (when Columbus found the new world) is one of the most important events in our planet’s history. The reason for this belief is that this is when humans began exchanging information and trading goods. Sadly this event also was the starting piece to the historical legacies still affecting

Choices such as the decision of the Europeans to cut Africa into sections and begin using the indigenous peoples as slaves has left a legacy that we still can see the effects of today. African American people living in the united states have an unemployment rate of 6.8% compared to the unemployment rate of Caucasian people which is 3.7%. The reason for this is that minorities are typically not offered education of the same level compared to majorities, the percentage of African Americans who obtain a college degree is just over half of the percentage of white people who obtain a college degree. Another set of shocking statistics is the amount of African American people in each state that are incarcerated due to drug admissions, each state is different, but the state with the highest percentage is Illinois, 15% of the state’s population are African American and 90% of that population have been incarcerated for some sort of drug activity. Next in line on that list is the state of Maryland with an African American population of 27% and an incarceration rate due to drugs of 90%. Elements of the injustice towards