What is the globalization that is in contention? Globalization can mean many
things. Here, however, I plan to focus exclusively on economic globalization;
indeed, that is what I shall mean when I simply say “globalization” throughout this
book. Economic globalization constitutes integration of national economies into
the international economy through trade, direct foreign investment (by corporations
and multinationals), short-term capital flows, international flows of workers and
humanity generally, and flows of technology