globalization
Globalization is, in fact, in not a new phenomenon and it has a long, somewhat interrupted history. However, the pace of globalization has accelerated during the last three decades, as governments have reduced policy barriers that hampered international trade and investment. Globalization is now a dominant force in the world and is one of the most hotly debated issues of today. While supporters of globalization see it as an effective way of improving human welfare and reducing poverty, its opponents accuse it of aggravating the worlds inequalities, making the rich richer and devastating the environment. Having said all this, I believe that the greatest challenge in the context of globalization is to include the excluded. There are many individuals who are being left behind by the forces of globalization and the prosperity it can bring. ... “The cultural and societal dimension of globalization should not mean blending national cultures into some form of bland magma. ... com/time/europe/forecast2001/politics/globalization.html SMADJA, CLAUDE Wake Up to Globalization: the Sequel Critics of globalization charge that the phenomenon, especially through pop culture, is perpetrating a kind of cultural genocide on the world - that the largest, most dominant cultures are becoming larger and more dominant at the expense of many others.