Monday, November 22, 2010

Globalization.

Globalization is, according to dictionary.com, n. the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications. Globalization and hybridization are connected in that hybridization is the mixture of cultures. Globalization, according to this definition, then, is a process that allows international markets to operate with each other. Therefore, the two mean relatively the same thing, except that hybridization is the mixture of cultures and globalization is the mixture of markets, the two of which oftentimes can seem to be used interchangeably nowadays. For example, the film, Slumdog Millionaire. It mixes the cultures of India and America, but it also mixes a Bollywood style in a plotline alongside the once-popular American television show, Who Wants to be a Millionaire?, mixing the American television market with an Indian film market. 



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