globalization

(redirected from Global capitalism)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Globalization

Tendency toward a worldwide investment environment, and the integration of national capital markets
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Globalization

The integration of global markets by the reduction trade barriers, improved communication, foreign direct investment, and other means. Globalization allows a multinational corporation to make a product in one country and sell it in another. This provides jobs in one country and less expensive goods in the other. Globalization also allows for the free flow of capital between countries, which many believe spurs economic growth. Proponents of globalization argue that it allows developing countries to continue and hasten their levels of development, and that it protects consumers in developed countries. Opponents believe that globalization serves the interests of multinational corporations at the expense of small businesses, which sends jobs to other countries needlessly.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

globalization

the tendency for markets to become global, rather than national, as barriers to INTERNATIONAL TRADE (e.g. TARIFFS) are reduced and international transport and communications improve; and the tendency for large MULTINATIONAL ENTERPRISES to grow to service global markets. See INTERNATIONALIZATION.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

globalization

the tendency for markets to become global, rather than national, as barriers to INTERNATIONAL TRADE (e.g. TARIFFS) are reduced and international transport and communications improve, and the tendency for large MULTINATIONAL COMPANIES to grow to service global markets.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Cho coins the term "island epistemology" to explicate how Yamashita remaps racial and imperial cartographies and exposes connections between nineteenth-century settler imperial violence and twentieth-century ecological catastrophes created by global capitalism. To Cho, Yamashita launches new pathways for the reconceptualization of sites of knowledge production and subject formation within ecologies of racial capitalism.
To start with, states must focus, before merging their economies into global capitalism, on building sound legal, social, and economic institutions independent of the dictates of global powers and institutions.
The defining feature of each successive stage of global capitalism has been a shift in the boundary between economics and politics.
Against his critics, Robinson argues that there is less the domination of financial capital over industrial and commercial capital, and more the general financialization of the circuitry of global capitalism.
If we assemble these three potentially transformative dynamics--degrowth, the recoupling of risk and loss, and entrepreneurial mobile capital--we discern a new and potentially productive teleological arc to global capitalism, one that moves from a capitalism based on financial hyper-centralization and obsession with rising consumption to one focused on more efficient use of resources and capital via decentralization and localized innovation.
In terms of the structures and processes defined by a hegemonic "Global Capitalism" most influenced by the West ("Euro/America"), global modernity is also characterized by a resistance that evokes the past (287).
"For the past 12 months, as we've been developing In Our Times, I've been thinking and reading almost daily about rising inequality and other fall out from global capitalism.
Far from being the result of democracy, it may be more forcefully argued that democracies are themselves helpless in the face of the failures of global capitalism.
Almost overnight, it seemed like the idea that global capitalism must be held accountable to people began to occupy a larger and larger territory.
Workers, Unions, and Global Capitalism: Lessons from India.
From finding happiness grounded in gratitude for plenty to appraising life and bounty, this provides ethical values to global economics and promotes a different path to global capitalism. College-level collections on business analysis will find this perfect for classroom debate.
"Such a resistance could result in strengthening of global peace and security and further weakening of global capitalism," President Ahmadinejad said.

Full browser ?