It is fascinating how two different authors can view the globalization and international influence quite differently. In the book Promise of American Industry Donald L. Losman explains how globalization and international influence “brings a host of economic problems and vulnerabilities, which in turn generate considerable political, foreign policy, and national security challenges” (139). To me this is a realistic normal discussion on the effects of globalization. Sure, when American companies grow to the extent they transcend their physical continental borders of the United States, a new wide range of problems plague them. To dissect Losman’s concerns, we start with his mention of economic problems and vulnerabilities. Let’s face it, businesses sole purpose is to make money – if they are not making money they’ll be closing their doors soon afterwards. The globalization of business playing their international roles within the context of foreign governments and their regulatory policies most assuredly benefits both parties, or once again, the businesses would leave rather quickly. As far as national security challenges concerns go, as long as the host country is not at war, the corporations can easily rely on the local authorities in addition to their own corporate security teams. Considering higher level issues on the national security issue, our embassies know well in advance of imminent dangers and typically evacuate prior to being overrun by angry local mobs. Rarely are corporate offices attacked because they employ the foreign local workforce, and they understand the risk of jeopardizing their paychecks. As far as corporate espionage is concerned, the threat is as real inside our borders as it is outside of them. So, yes, international influence and globalization certainly presents its challenges to international corporations and they will be rising to any challenge, making money. No big deal, business as usual.
By contrast, if we look at the alarming writings by Anthony Giddens in Giddens in The Consequences of Modernity, he not only see’s American business suffering, but the collapse of the American nation state, dissolving into the ranks of nameless, former third world nations states. “The economic, political, and military power which gave the West its primacy, and which was founded upon conjunction of the four institutional dimensions of I shall shortly discuss, no longer so distinctly differentiates the Western countries from others elsewhere” (52). It’s bad enough he discounts America’s economic global contributions, but Giddens crosses the line of reason when he negates the American military and it’s ever present global peace keeping force. He continues sewing his uncertainty and doubt for American capitalism and industrialization when he writes “In the industrialised societies above all, but to some extent in the world as a whole, we have entered a period of high modernity, cut loose from its moorings in the reassurance of tradition and in what was for a long while an anchored “vantage-point” (both for those on the “inside” and for others)- the dominance of the West. Although its originators looked for certainties to replace preestablished dogmas, modernity effectively involves the institutionalization of doubt” (176). Even though while Giddens alarmingly paints the doom and gloom effect of globalization and international influence on the American nation state, it is refreshing to read other authors interpretation on the same and consider it business as usual.