Globalization

The term globalization is intended to convey a specific idea and a particular concept about the workings of modern capitalism and about the nature of international relations that animates this perspective on capitalism and its functioning. At its simplest, the concept of globalization is captured in the metaphor of the global village. Inherent in this concept is the idea that technological innovations, the availability of affordable travel, the flow of global capital, and the ubiquity of the mass ...

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