Globalization has become one of the principal symbols of economic, cultural and political life in the 21st century. Although there is no precise definition of globalization, due to the complexity of the term and the varying attitudes towards it, put simply it is the process by which nationality is becoming all the time more irrelevant. International organizations such as Coca Cola, Disney, McDonald's, Sony, Shell Oil and IBM, symbolize such a process. In layman's terms, …showed first 75 words of 884 total…

…showed last 75 words of 884 total…to decide wether or not the power will be cleverly used or not. Bibliography Kelly, S. (2001) Australians' wealth and retirement, http://pandora.nla.gov.au/pan/10635/20011112/www.onlineopinion.com.au/2001/Jul01/Kelly.htm, accessed 05/05/03 Klein, N. (2000) No Logo, Table 9.3. Sweatshop Profiles, London: Flamingo Peet, R. (1991) Global Capitalism: Theories of societal development, London: Routledge, pp. 114-124 Wallerstein, I. (1983) Historical Capitalism, London: Verso, pp. 97-110) http://www.freetrade.org/issues/globalization.html, The Benefits of Globalization, accessed 04/05/03