ABSTRACT

This chapter discusses four views expressed with respect to globalization and information technology. The first one believes that the broadest impacts of the new information technology will be the internationalization of commerce, higher economic growth, and stronger global peace. The second one believes that in the international arena no two societies are the same, and that the consequences of advances in information technology in a particular society depend on its interrelated key variables: national ideology, technology, the marketplace, and the information infrastructure. The third one believes that the United States has been rapidly constructing the information technology at the global level with the central role of information control to gain global command of the direction of the world economy and to reap the benefits that flow from it. The fourth one believes that deregulated globalization and information technology have brought about a new form of asymmetric class struggle between capital and labor such that capital has become deterritorialized and integrated.