Essay on Multinationalism and Globalization in Britain

Britain is widely regarded as a Postmodern society, and if this is the case must be subject to two of the central issues of this circumstance: those of first globalisation, then multinationalism. What is it that these concepts constitute that affects contemporary British society? The academic, David Held describes globalisation as the increasing extent, intensity, velocity and impact of world-wide interconnectedness - that is the growing extent to which societies, more local groupings and indeed individuals are interdependent, and can be affected by events well outside their immediate sphere of concern. Put simply, it is the decreasing importance of the nation state and its boundaries. It is†¦show more content†¦In its most contemporary and widely perceived form, globalisation is often considered to be the increasing interconnectedness of people and societies across the world, and the coming of a global village. It is perhaps due largely to rapid advances in the field of com munications with the development of the Internet, digital broadcasting, mobile telecommunications and satellite communications, that the individual of today has such broad horizons, and may consider the world his own. Similarly, the development of air travel makes it increasingly possible to travel to anywhere on earth with the minimum effort, time and cost. This increasing freedom of access for all has naturally led in part to an erosion of the authority and power of traditional institutions such as government and religion, and most importantly has decreased the centrality of the boundaries of locality, region and nation to the lives of ordinary people. The gradual growth of consciousness of the international picture among the developed nations of the Western World following the all-encompassing World War Two, has undeniably created a shift towards embracing international co-operation and globalisation in its broadest sense. The UN for example, is now widely regarded as a legitimate body, as demonstrated by the recent