GLOBALIZATION AS A SOCIAL PHENOMENON IN MODERNIZING A NEW WORLD ORDER
GLOBALIZATION AS A SOCIAL PHENOMENON IN MODERNIZING A NEW WORLD ORDER

Summary/Abstract: The papers main focus is a globalization process as a sociological and legal topic. The authors take into consideration the fact how its determinants are interdisciplinary embedded in social, cultural, economic, legal and political process. The main starting point of the paper on globalization shows how it favours all participants included offering new business opportunities for the poorest, as economic cooperation is not a zero sum game. Authors pay special attention to the question of crisis and its theoretical definition. The concept of crisis has been studied throughout a multi-layered prism of global economic institutions (IMF, World Bank, WTO) proving how prominent crisis has led to socio-economic system identity loos. Central emphasis is placed upon actors, namely crisis enforcers, intensifying crisis and therefore endangering and managing system from within. Finally, socio-economically conditioned and driven political orders are shown. Methods used in this paper to theoretically approach the main topic and prove the hypothesis set are dogmatic, normative and sociological. Globalization enigma and its theoretical controversies set up a question whether it is a historical necessity or just another great world myth. Is globalization an objective and spontaneous political process or a project empowering domination of one social group over the others. While some think of globalization as a necessity in worlds convergence and integration with a global economic order in a leading role, others see fragmentation and further world division.

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