Manfred Steger, professor of Global Studies at the University of Hawaii at Manoa argues that globalization has four main dimensions: economic, political, cultural, ecological, with ideological aspects of each category. David Held's book Global Transformations is organized around the same dimensions, though the ecological is not listed in the title. This set of categories relates to the four-domain approach of circles of social life, and Circles of Sustainability.
Contents
Steger compares the current study of globalization to the ancient Buddhist parable of blind scholars and their first encounter with an elephant. Similar to the blind scholars, some globalization scholars are too focused on compacting globalization into a singular process and clashes over “which aspect of social life constitutes its primary domain” prevail.
Economic
Economic globalization is the intensification and stretching of economic interrelations around the globe. It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
Political
Political globalization is the intensification and expansion of political interrelations around the globe. Aspects of political globalization include the modern-nation state system and its changing place in today’s world, the role of global governance, and the direction of our global political systems.
Cultural
Cultural globalization is the intensification and expansion of cultural flows across the globe. Culture is a very broad concept and has many facets, but in the discussion on globalization, Steger means it to refer to “the symbolic construction, articulation, and dissemination of meaning.” Topics under this heading include discussion about the development of a global culture, or lack thereof, the role of the media in shaping our identities and desires, and the globalization of languages.
Ecological
Topics of ecological globalization include population growth, access to food, worldwide reduction in biodiversity, the gap between rich and poor as well as between the global North and global South, human-induced climate change, and global environmental degradation.
Ideologies
Globalization operates on a cross-cutting "ideological dimension" filled with a range of norms, claims, beliefs, and narratives about the phenomenon itself. According to Steger, there are three main types of globalisms (ideologies that endow the concept of globalization with particular values and meanings): market globalism, justice globalism, and religious globalisms. Steger defines them as follows:
These ideologies of globalization (or globalisms) then relate to broader imaginaries and ontologies.