Defining Globalization as Multidimensional
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George Modelski & Tessaleno Devezas:
“Globalization, finally, is also multidimensional. That is, it has no simple recipe for identifying “stages of world history,” such as slavery or capitalism. As generally recognized, it comprises not just the spectacular expansion, under the banner of free trade, of world commerce and of capital movements, with the large array of transnational enterprises, and the elaborate body of rules and regulations governi ng all of these. Globalization also concerns the rise of global social movements, and worldwide cultural trends, and the emergence of world opinion as conception of common interest, but most particularly in the context of this article it has a political dimension.”