Globalization
...The word “global” can be defined as being or having to do with a business, operation, system, etc. carried on or extending throughout all or much of the world (a global company , global communications). The process of globalizing something; the expansion of many businesses into markets throughout the world, marked by an increase in international investment, the proliferation of large multinational companies, worldwide economic integration, etc. is called “Globalization”.
Globalization can also be viewed as the increase in global integration and solidarity from economic, social, technological, cultural, political and ecological angles.
From a positive point of view, it can be seen as the expansion of economic relations between different countries until creating a world economy in which all of national economies depend on each other. In this point of view, not any nation is efficient and adequate and all of them are in need to trade their products with each other. Because of its establishment of planning the economy in an international and compatible scale, the rise of an integrated economy does not need to be seen as a negative fact.
Tom G. Palmer of the Cato Institute (a libertarian think tank headquartered in Washington and its stated mission is "to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets, and peace" by striving "to achieve greater involvement of the intelligent, lay public in questions of (public) policy and the proper role of government.") defines "globalization" as "the diminution or elimination of state-enforced restrictions on exchanges across borders and the increasingly integrated and complex global system of production and exchange that has emerged as a result."
Thomas Lauren Friedman (an American journalist, columnist, author...
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