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Comment Different Kinds of Globalization (Score 1) 657

There are different kinds of globalization:

Economic globalization increases the economic equality of societies (e.g., USA vs. Bangladesh) while increasing economic inequality overall by providing more opportunities to exploit workers and making it easier for a small number of people to become grossly rich. It is difficult to enforce laws against multinational corporations (e.g., Yahoo versus France) because they can hide across internation boundaries or even have other countries actively protect them.

Political globalization stabilizes world politics at the cost of local power, and can, therefore, alienate people even while it is saving them from war. If power centralizes into the wrong hands (e.g., a corporation focused on financial gain and not the welfare of citizens, or an oppressive regime) you get an Orwellian (i.e., "1984") nightmare. Political globalization makes it easier for companies to make money, but harder for them to hide from the law.

Cultural globalization makes people more tolerant of each other and different points of view (thus decreasing global conflict), but threatens local cultures with extinction, which is why religious extremists hate it.

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