The term “globalization” in its technical sense

In the literal sense, “globalization” means International integration. Its leading advocates are those who meet annually at the World Social Forum, coming from countries all over the world, working together to craft and debate forms of international integration – economic, cultural, political – that serve the interests of people. But in the doctrinal system, their commitments are called “antiglobalization”. The description is correct if we use the term “globalization” in its technical sense, referring to a particular form of international economic integration, with a mixture of liberal and protectionist measures and many related to investor rights, not trade, all designed to serve the interests of investors, financial institutions, and other centres of concentrated state-private power – those granted the rights of super-persons by the courts.

 Noam Chomsky, Hopes and prospects