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Example research essay topic: Form Of Social Global Economy - 776 words

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I believe that information technology has mainly positive effects on society. Information technology has drastically changed the lives of people. The Information Technology Revolution is probably the most important force shaping communities today. While some of the key forces behind the IT revolution are universal, the impacts on any given community will be unique, depending on its individual make up, economic structure, attributes and responses. The IT Revolution has major impacts that effect local communities, central cities, suburbs and towns.

Benefits of information technology become available sooner or later to the majority of population. The electronic products of all kinds, as well as the technological advancement in medicine, are initially available only to the richest individuals in society, but with time, the latest innovations spread to the rest of the population fairly quickly. On one hand, the development of technology improves social mobility. However, on the other hand, the equality of outcomes may also be negatively affected by the development of information technology. Because of financial problems and cultural backgrounds, many people around the world still have difficulty to access and enjoy high technology lives as their counterparts from developed nations. The IT Revolution enabled a Network Society to emerge.

The word network refers to any kind of functioning network- financial, supplier, producer, coalition etc. , as well as the underlying electronic communications network. National, regional and local economies depend ultimately on the dynamics of the global economy to which they are connected through networks and markets. This means that IT has created fewer gaps between people. The network society introduces new connections between the net as a whole and the individual self where there are continuous global flows of wealth, power and media images, and the search for identity becomes acute and difficult.

People look for identity and meaning in forms of collective association, which run counter to the diffuse and mobile communications of the network society. In the network society, information technology and globalization promote one another. Competitiveness in the global economy depends upon the capacity of units (firms, regions, and nations) to generate and apply knowledge-based information. The new global economy, which functions only in and through information technology, works on a global scale in real time. Instantaneous electronic communication, made possible by global computer networks and satellite transmission, allows for continuous economic decision-making to be enacted globally. Vast capital sums can be transferred immediately from any part of the planet to another.

The global opportunities of e-commerce are truly momentous. E-commerce has the ability to destroy the barriers posed by a global landscape and create a harmonized electronic community with fewer gaps between people. It has the potential to create jobs, provide a better quality of life for people in both urban and rural areas, strengthen international relationships, improve technology, increase market competitiveness and generate economic growth and prosperity. E-commerce is an advanced business tool which is carrying us to tomorrows reality. The network society is organized around new forms of time and space, timeless time and the space of flows. The space of flows is the material organization of time sharing social practices that work through flows.

The space of places continues to be the predominant space of experience. In the network society a fundamental form of social domination is the prevalence of the logic of the space of flows over the space of places and induces a metropolitan dualism and a form of social / territorial exclusion, which bypasses and marginalizes people and places. (Castells) IT reaches out to the whole planet but it does not include the whole planet and excludes the majority in an uneven geography, and switches on and links up valuable inputs, markets and individuals whilst it switches others off. The third world has become increasingly diversified internally, the first world has generated exclusion and an emergent of a fourth world as being the most excluding part of the world not taking advantage of the IT revolution. Unfortunately, IT revolution has passed certain regions of the world. A fourth world is not just the less developed, but is loosing out from the IT Revolution, which will make this fourth world to be separated from the rest of the information ally developed world. I believe that information technology is creating fewer gaps between people.

There is an opportunity for each individual to obtain any kind of information with such a powerful tool as Internet. However, information technology might create gaps in some 5 - 10 years, because some people that will be far ahead in their use of information technology, while others who do not have an opportunity to use information technology will be at the bottom.


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Research essay sample on Form Of Social Global Economy

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