Over the years, globalization and informatization have "redefined industries, politics, cultures, and perhaps the underlying rules of social order" (Friedman 1999). Although they explain different phenomena, their social, political, economic, and cultural functions remarkably overlaps. "Although globalization ultimately refers to the integration of economic institutions, much of this integration occurs through the channels of technology. Although international trade is not a new phenomenon, the advent of communications technologies has accelerated the pace and scope of trade" (Kluver).
- a) Globalization and Informatization will have great impact on cultural and social consequences of society.
- b) "Globalization and informatization are likely to diminish the concept of the national as a political institution" (Poster 1999). Friedman (1999) argues that as nation states decline in importance, multi-national corporations, nongovernmental organizations, and "superempowered individuals" such as George Soros gain influence and importance. As these non-political organizations and institutions gain importance, there are inevitable challenges to political, economic, and cultural processes.
- c) On the other hand, globalization and informatization allow for efficient flow of information. Individuals and societies are, therefore, greatly empowered to engage in international arena for economic, political, and cultural resources.
- d) "There is proliferation of information about lifestyles, religions, and cultural issues. The telecommunications and computer networks also allow for unprecedented global activism. This democratization of information increases the potential for international harmony, although it by no means guarantees it" (Kluver).
- e) These twin forces greatly affects "centuries of tradition, local autonomy, and cultural integrity."
- f) "Finally, one of the potentially most devastating impact of the forces of globalization and informatization is that there is created an insidious conflict between the new global economic order and the local, or even tribal, interests" (Kluver).