Globalism, Globalization, Nationalism

According to Nye (2002), globalism is used to describe a world that is featured by networks of interrelations that revolve around many continents. It explains the inter-relations of the modern world and highlights the patterns that cause them. Globalization is the incline or decline in the degree of globalism. Its main focus is the forces and the speed of the changes. Nationalism is the loyalty to a nation promoting its culture, interests, and placing it before other nations (Sraders 2018). It focuses on a country’s language, culture, and race and also includes shared sports and art but is mainly driven by cultural interrelations. It has a view of conquering other nations as it perceives itself as the ultimate nation and philosophies that contradict the nation are opposed.

Globalization and nationalism conflict when the nationalists strive to have control over their countries and the global structures are what they target. It also conflicts when the globalists underestimate how globalization has caused damage to workers. This is when they dwell too much on the advantages of trade and dismiss the obvious value that the normal citizen still attaches to national borders and cultural cohesion (Eckman & Emeritus 2017). An example of this is when Great Britain headed the first period of globalization where they promoted free trade and the gold standard. This period paved the way for extreme nationalism which produced the World War II.

It is important to be both global and national because, in terms of businesses and trades, it is potential for growth and development. Being global and national helps to expand opportunities making industrialization and trade successful. It is also important in creating inter-connections between different nations and interact on a global level (Eckman & Emeritus 2017). It helps to learn and share different ideas, knowledge, skills, and cultures which lead to innovations and developments. Being global is more important than being national because global offers a lot of different opportunities. Global opens doors for new developments and connections given that there are more people globally compared to nationally. From a global perspective of trade, the market participants are more and better making global more significant and effective for business.

The global challenges in terms of marketing and trade can make us consider local marketing because it tends to be cheaper. The global financial markets have collapsed in the past and this shows how dangerous it can be doing business globally. The financial regulation locally and nationally could hardly lead to a financial market collapse (Eckman & Emeritus 2017). A nation will do its level best to ensure that it promotes local trade because unlike on the global level, it works on growing its economy with the local business. On a national and local level, businesses tend to establish their markets easily compared to globally because in the local scene, as a business, you know exactly what to focus on. The global challenges have helped us on a national and local level because there are no cultural, racial, language barriers that could arise creating conflicts. These are features that could bring about violence on a global level but locally because they will not be barriers, trade, and growth are expected. Religion is also a global challenge that might lead to violence, discrimination, and exclusion but on a national and local level, it would not be a problem and this would make people work and relate better together.

References

Eckman P.J, &Emeritus P. (2017) ISSUES IN PERSPECTIVE: Globalism vs. Nationalism: The

Ideological Struggle of the 21st Century. Retrieved from http://issuesinperspective.com/wp-content/uploads/2017/01/2017_0121-0122.pdf

Sraders A. (2018) What is Nationalism? It History and What It Means In 2018. Retrieved from

https://www.thestreet.com/politics/what-is-nationalism-14642847