ABSTRACT

Many writers have argued that we have entered a new era characterized by globalization, the driving force of epoch-defining changes in the nature of societies and economies across the world, resulting in the creation of an interdependent system. This notion of globalization has become a part of the everyday discourse in academia and among policy-makers. It serves as a point of reference and a framework of ideas for the analysis of macro and micro socioeconomic developments and of the process that gave rise to them. The notion of “globalization” spans the ideological spectrum and crosses academic disciplines. Even trenchant critics of the dominant discourse have been constrained to adopt the term and, in the process, tacitly accept its presuppositions.