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Authors
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1 Psychology and Management in Pune, IN
Source
Indira Management Review, Vol 1, No 2 (2007), Pagination: 56-61
Abstract
This paper deals with the word Globalization and the impact on the socioeconomic culture and the geopolitics of a nation. I have borrowed the term flat world from Thomas Friedman (The World is Flat). He describes that there are three eras of Globalization namely. Globalization i.o from the year 1492 (when Columbus set sail looking for our India and landed in the North American continent) to early 1800's and set colonies .This shrunk the world from size large to medium. Globalization 2.0 is from early 1800's to 2000 shrunk the world from size medium to size small with the growth of capitalism. Finally Globalization 3.0 from 2000 to present has shrunk from size small to size tiny. The Dictionary of Psychology (Atkinson et al., 1987) says culture "is the totality of customs, arts, science, religious and political behavior taken as an integrated whole that distinguish one society or group of persons whose customs, arts and tradition set them apart from others". Hence, we are to face these challenges brought in by globalization into our belief and value system. By learning or amalgamating new ideas and innovations. We have to get into lateral thinking and transit from scripture based frozen knowledge to emerge as the third best economy in the world.
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