Exact(4)
Having a different vision on the topic, Escobar (2007) brings the discussion about globalization to a different level – the stage of globalization.
In this late stage of globalization, stateless corporations with no loyalty to any country call the shots the world over, all nations reduced to virtual banana republics.
We can regard this as the initial stage of globalization or "globalization 1.0" in its modern sense, which is not yet well regulated.
We are now in a different stage of globalization, one of economic interchange and rapidity of travel on a backdrop of urbanization and mega-cities.
Similar(4)
China is edging into the second stage of its globalization.
Military theorist and futurist John Robb, who wrote the influential 2008 book Brave New War: The Next Stage of Terrorism and the End of Globalization, developed the concept of "open-source insurgency" to describe emerging forms of conflict.
While globalization is not a new phenomenon, the impact of globalization on ethics instruction is at the earliest stages of exploration, and generally focuses on prescriptive processes for multinational firms.
While there is much debate about the long-term effects of globalization and whether they are on balance good or bad, at this stage, the effects of globalization have been mixed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com