A central theme to the text is in fact that the commercial process is central to the human condition. The onus to exchange, the bartering of the fruits of one's labor, achieved by physical work or applied knowledge, with another is the natural condition of humankind. It separates us from all other species on earth and underscores humankind's desire to reach out and touch - integrate with others. Such natural process, the trade initiative, is the root of modern globalization. It is also the prime contributor to the development of civilization and has provided the world with a continuing component that sustains progress and improves life. Given this consideration, the business system, and the institutions created to utilize it, have continued to live up to its influential heritage as a central tool in societal progression; although like most human endeavors it is fought with mistakes and errors - it is not perfect. Acquainting students and managers with their heritage sets the stage for the next act in the never ending commercial process. The trading activity, although always beset with stumbling blocks, has always strived to live up to its human promise to make the world a unified better place. Such a goal should not be forgotten and students as well as managers need to reflect on their wider role - providing the golden thread in the continuing tapestry of a global integrated civilization. The commercial process is not just about wealth accumulation or profit and loss; it is ingrained with social progression and the changes over time. Today's business student must see the world on a wider horizon, appreciate and understand the richness of the role their commercial ancestors played in shaping the world if they are to be properly educated on the position and responsibilities they will be required to fulfill in the business of the future.

The book begins with a historical perspective of recorded trade. It then offers a deeper insight into the first global products, the infrastructures created to support the trade initiative and the development of financial instruments to further its growth. The cross collateral influences of religion and government on the global commercial landscape follows.

Seminar paper from the year 2007 in the subject Politics - Topic: Globalization, Political Economics, grade: 2.0, Ruhr-University of Bochum (European Culture & Economy), course: MA (ECUE), language: English, abstract: The term globalization first appeared in 1962 as jargon. Perhaps this is one of the most controversial terms in recent history. The Economist has called it "the most abused word of the 21st century". Globalization means different things to different people. Anthony Giddens rightly says "As an unpredictable and turbulent process, globalization is seen and understood very differently by observers." Globalization gurus are puzzled about the direction and consequences of globalization. Some appreciate it and believe that it would lead to universal peace and harmony- nirvana. Others condemn it, as they believe that it would lead to all kind of chaos and Unordnung. Unfortunately it is also true. Globalization has also contributed to recent terrorism. In this work I make an impartial attempt to present an objective understanding of the term "Globalization". Globalization is causing many structural changes and I admit that some of them are very cruel. Can globalization be stopped ? If, not then what strategy should be adopted to protect the masses. This work aims to find answers to several such questions. I begin with conceptualization of the term globalization. Then I briefly describes implications of globalization in various fields. Later part mainly deals with economic, political and communication dimensions of globalization. Attempts are made to trace the origin of globalization. Several debatable and contradictory arguments are put also forward. Assuming globalization as dependent variable, I proceed to elaborate on various factors, which causes globalization. Internet, bandwidth and flow of information without any hindrance have contributed to contemporary globalization. Such free flow of information has also occasionally led to divisions am

In this work, Jurgen Osterhammel and Niels Petersson make the case that globalization is not so new, after all. Arguing that the world did not turn "global" overnight, the book traces the emergence of globalization over the past seven or eight centuries. In fact, the authors write, the phenomenon can be traced back to early modern large-scale trading, for example, the silk trade between China and the Mediterranean region, the shipping routes between the Arabian Peninsula and India, and the more frequently travelled caravan routes of the Near East and North Africa, all conduits for people, goods, coins, artwork, and ideas.

The Global Economy: A Concise History traces the history of the global economy over the past thousand years. In doing so, it explores all the main waves of globalization, from the trade revolution of the Middle Ages, to the Great and Little Divergence between the West and the East, as well as the North and the South of the world. This book examines the Industrial Revolution and the World Wars, and their respective consequences, as well as the interaction between technological shifts and the transition in geopolitical equilibria. The last chapters are dedicated to an in-depth examination of the transformation which occurred in the global economy after 1989. The chronological structure of the book is designed to help students memorize and understand key events. This book also discusses broader themes, such as convergence–divergence, growth and decline, development, and industrial revolutions. This will make it of interest not only to students and academics, but to all readers wishing to gain a deeper understanding of the history and current state of the global economy.

This book presents the history of globalization as a network-based story in the context of Big History. Departing from the traditional historic discourse, in which communities, cities, and states serve as the main units of analysis, the authors instead trace the historical emergence, growth, interconnection, and merging of various types of networks that have gradually encompassed the globe. They also focus on the development of certain ideas, processes, institutions, and phenomena that spread through those networks to become truly global. The book specifies five macro-periods in the history of globalization and comprehensively covers the first four, from roughly the 9th – 7th millennia BC to World War I. For each period, it identifies the most important network-related developments that facilitated (or even spurred on) such transitions and had the greatest impacts on the history of globalization. By analyzing the world system's transition to new levels of complexity and connectivity, the book provides valuable insights into the course of Big History and the evolution of human societies.