Globalization (or globalisationGlobalisation is a British variant spelling. Globalization is the main variant, preferred by both Webster's and the Oxford English Dictionary.), is an umbrella term for a complex series of economic, social, technological, and political changes seen as increasing interdependence and interaction between people and companies in disparate locations. The phenomenon has been noted since the 1980s in the context of sociological study on a worldwide scale.

The term "globalization" is used to refer to these collective changes as a process, or else as the cause of (typically) negative and turbulent change. The distinct uses include:

• Economically and socially positive: As an engine of commerce; one which brings an increased standard of living — prosperity to developing countries and further wealth to First World and Third World countries. This view claims that economic prosperity brings about social prosperity.
• Economically and socially negative: As an engine of "corporate imperialism"; one which tramples over the human rights of developing societies, claims to bring prosperity, yet often simply amounts to plundering and profiteering. Negative effects include cultural assimilation via cultural imperialism, the export of artificial wants, and the destruction of local society and culture.

Economic globalization

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Economic globalization, (i.e. the aggregate change we observe in our factories, storefronts, indeed generally across our economies and lifestyles) is caused by four fundamental forms of capital movement throughout the global economy. The four important capital flows are:

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HP's first 13.3-inch Pavilion vs. the competition
Wed, 01 Oct 2008 12:34:18 -0700
HP is shipping its first laptop with a 13.3-inch widescreen display. The HP Pavilion dv3500t series is already available on HP's site starting at $1,000, and a slightly higher-end configuration, the dv3520nr, is available for pre-order at Best Buy for $1,200. Other sites have reported that this model will be...
HP's first 13.3-inch Pavilion vs. the competition
Wed, 01 Oct 2008 12:34:18 -0700
HP is shipping its first laptop with a 13.3-inch widescreen display. The HP Pavilion dv3500t series is already available on HP's site starting at $1,000, and a slightly higher-end configuration, the dv3520nr, is available for pre-order at Best Buy for $1,200. Other sites have reported that this model will be...
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A new mystery: What's Microsoft got up its Office Live sleeve?
Wed, 01 Oct 2008 12:22:06 -0700
It sounds like Microsoft has yet another Professional Developers Conference PDC announcement percolating -- beyond the Windows 7, Oslo, cloud OS (Red Dog/Zurich) and Mesh Platform stuff about which the company already has been dropping hints. by Mary Jo Foley
A new mystery: What's Microsoft got up its Office Live sleeve?
Wed, 01 Oct 2008 12:22:06 -0700
It sounds like Microsoft has yet another Professional Developers Conference PDC announcement percolating -- beyond the Windows 7, Oslo, cloud OS (Red Dog/Zurich) and Mesh Platform stuff about which the company already has been dropping hints. by Mary Jo Foley

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