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FC Essay Globalization Youth

 
INTRODUCTION :
Content :
In its broadest sense, globalization refers to the extension of a whole range of economic,
cultural and political activities across the world landscape. As Anthony
Giddens suggests, “Globalization can be defined as the
intensification of worldwide
social relations which link distant localities in such a way that local happenings are
shaped by events occurring many miles away and vice versa.”
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In this context, the
increasing economic and cultural interdependence of societies on a world scale is of
 particular interest. Because it involves interaction in so many areas and at numerous
levels, it is virtually impossible to conceive of globalization as a singular concept.
John Allen and Doreen Massey argue that there are many “globalizations” occurring
 
in various sectors and fields of activity, including telecommunications, finance and
culture.
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A key contributing factor in this regard has been the declining influence of
the nation-state, which is in turn intimately linked to what David Harvey refers to as
“time
-
space compression”— 
the way the world has in effect been de-territorialized by
ECONOMIC EFFECTS OF
GLOBALIZATION ON YOUNG PEOPLE
the acceleration and wider dissemination of capitalist practices, simultaneously creating
ever-higher levels of stress.
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Young people are in the process of establishing a sense of identity in what is
essentially an insecure world, and this underlying instability may serve to magnify the
tensions and lack of control they experience on a daily basis. As Zygmunt Bauman
notes, what is interesting about globalization is that the uses of time and space are
“sharply differentiated as well as differentiating”.
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The danger is that globalization may
 produce all sorts of (unintended) local consequences. Most worrying is the following:
“Being local in a globalized world is a sign of social deprivation and
 
degradation. The discomforts of localized existence are compounded
 by
the fact that with public spaces removed beyond the reaches of
localized life, localities are losing their meaning-generating and meaning-
negotiating capacity and are increasingly dependent on sense-giving
and interpreting actions which they do not control.”
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In this analysis globalization inevitably leads to exclusion. Globalization is
characterized by spatial segregation, in that it actively increases the disparities that
already exist between global elites and the localized majority. In the past, colonial
 powers exported raw materials from their colonies in order to strengthen their own
 power base while ignoring the broader implications for the industrial base of the areas
whose resources they were exploiting.
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What developed in this context was a multitude
of core-periphery relationships at the international level; of equal concern, however,
was the effect of economic disparities on class divisions domestically. As
Christine McMurray and Roy Smith point out, geography is less important nowadays in
the formation of core-periphery relationships. Differentials in access to resources,
wealth and opportunities have the potential to produce far greater consequences in
the global context than was ever the case in the past.
In effect, globalization can intensify social divisions, and as young people are
struggling to establish themselves in a new social context
 — 
the sometimes intimidating
adult world
 — 
they may be perceived as being particularly vulnerable to the threat
of segregation or exclusion. However, in any analysis of young people‟s relationship
 
with globalization, two key points must be borne in mind. First, there is a tendency to
assume that the effects of globalization are unstoppable, and that globalization is a
 process young people react to rather than actively negotiate. Stephen McBride and
John Wiseman warn of the dangers associated with this position, criticizing the failure
to move beyond theory to address the more practical aspects of globalization.
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There