Justifiable Risk or headless Fear? The Difference between experienced and factual Disadvantages of a Process called Globalisation

1.1 My Initial Thoughts on Globalisation

Globalisation is a concept nowadays every single one of us has heard of. However, not many people deal with the subject of globalisation. Hence, misunderstandings and information of dubious origin lead to hasty conclusions. Therefore it seems to be of the utmost importance to clear the meaning and definition of certain terms before starting to analyse the content matters. First of all, a clear determination is necessary between chances and risks and hopes and concerns in regards to the issues of globalisation. The Oxford Dictionary claims quite plainly that concern is “a feeling of worry, especially one that is shared by many people“ (Oxford Advanced Learner‘s Dictionary, 2000, p. 253), while hope is “a belief that something you want will happen“ (Oxford Advanced Learner‘s Dictionary, 2000, p. 627). Chance on the other hand is defined as “a possibility of something happening“3 (Oxford Advanced Learner‘s Dictionary, 2000, p. 193), while risk means “the possibility of something bad happening at sometime in the future“ or “a situation that could be bad or have a dangerous result“ (Oxford Advanced Learner‘s Dictionary, 2000, p. 1105). As a result of the definition, there is a difference according to the real danger or possibility.