What contemporary sociocultural anthropologist who teaches at NYU has defined the process of globalization as "an infintely vari
ed contest of sameness and difference in a complex disjunctive disorder" or shaped by a disorganized capitalism influenced by what he terms the social imaginary?
Arjun Appadurai defined the process of globalization as "an infintely varied contest of sameness and difference in a complex disjunctive disorder" or shaped by a disorganized capitalism influenced by the social imaginary.
Arjun Appadurai is a Professor in New York University, He defined the process globalization as being shaped by social imaginary which is composed of five aspect of global cultural flow; ethnoscapes, technoscapes, ideoscapes, financescapes, and mediascapes.
A banking panic or a bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system together.
