globalisation
nounUK /ˌɡləʊ.bə.laɪˈzeɪ.ʃən/ · CA, US /ˌɡloʊ.bə.lɪˈzeɪ.ʃən/
Etymology From global + -isation or globalise + -ation. Popularized by German-American economist and professor at Harvard Business School Theodore Levitt.
1
The process of becoming a more interconnected world.
2
The process of the world economy becoming dominated by capitalist models, according to the World System Theory.
- Sure, globalization as flows of trade will continue. But globalization as the driving logic of world affairs — that seems to be over.2022 April 8, David Brooks, “Globalization Is Over. The Global Culture Wars Have Begun.”, in The New York Times, →ISSN:
- Derived terms
- alter-globalisation, antiglobalisation, anti-globalisation, deglobalisation, globalisationism, globalisationist, globalise