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Economic Globalization
Globalization has become the buzzword of this generation.
In France, the word is mondialisation. In Spain and Latin America, it is globalizacion. The Germans say Globalisierung. The global spread of the term is evidence of the very developments to which it refers. Every business guru talks about it. No political speech is complete without reference to it. Yet as little as 10 years ago the term was hardly used, either in the academic literature or in everyday language. It has come from nowhere to be almost everywhere. (Giddens)
However, heavy debate is still being had on the topic. Is the neo-liberal version of globalization inevitable? How is globalization shaping society? And what are the forces, if any, which could come together to end or transcend capitalism?
