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Published online by Cambridge University Press: 07 January 2006
This essay explores several facets of current debates about globalization: especially the role of American national culture in defining the issue of international outreach; and the examination of specific dimensions of globalism—standardization of technology, rationalization of the international monetary system, evaluation and measurement of performance. Once issues are examined in empirical rather than ideological terms, it is clear that advantages accrue to those societies capable of product innovation and satisfaction of mass needs, rather than those that resort to threat, force or coercion. The age of globalization, far from being an extension of the colonial and imperial systems that dominated most of the nineteenth and twentieth centuries, signifies closure to the old political economy. The essay ends with a coda on globalization as the latest stage of an egalitarianism that places the modernization-developmental process at loggerheads with most varieties of totalitarian rule.