Ch. 23 — Capitalism and Culture — The Acceleration of Globalization (Since 1945) – In what way(s) do you see the historical developments described in this chapter continuing to evolve in our world today?

I see the historical developments are described in Ch. 23 continuing to evolve in our world today. For historical developments, the transformation of the world economy is the most important point throughout the globalization. This will be referred to as “the transformation of the world economy” (Strayer, 1024). In this situation, “when most people speak of globalization, they are referring to the immense acceleration in international economic transactions that took place in the second half of the twentieth century and continued into the twenty-first” (Strayer, 1024). This is what many people would have seen this process is “almost natural, certainly inevitable, and practically unstoppable” (Strayer, 1024). This always happens the same even in the presence of the world history. 

This may also be referred to as the re-globalization that “These conditions provided the foundations for a dramatic quickening of global economic transactions after World War II” (Strayer, 1026). This is what “re-globalization” is now followed “the contractions of the 1930s” (Stayer, 1026). This is the best way to think that it is immense to its “significant process was expressed in the accelerating circulation of goods, capital, and people” (Strayer, 1026), such as world trade.

Overall, globalization and re-globalization are always presented in the modern world as the history of globalization is not changed at all.