Globalization
Professor Levitt coined the word “globalization” in this 1983 article.
If people think we can draw a circle around North America and that we can be an independent island of energy, that's not realistic. This is a world market for oil, for refined products, and increasingly, for natural gas.
The long-standing wisdom that everyone wins in a single world market has been undermined. Global trade, capital flows, and immigration are declining.
The Web and new technology offer more opportunities to reach a world market at a lower price. Today, a person can start a business at home and reach the world market.
All peoples are entangled in the net of the world market.
The goal of re-importation is to provide American consumers with access to drugs at the world market price - not the inflated price now paid only by Americans.
The raw fact is that every successful example of economic development this past century—every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living—has taken place via globalization; that is, by producing for the world market rather than trying for self-sufficiency.
At the end of the day, we have to find a way to compete better with the world.
The profit-grinding system is maintained by competition, or veiled war, not only between the conflicting classes, but also within the classes themselves: there is always war among the workers for bare subsistence, and among their masters, the employers and middle-men, for the share of the profit wrung out of the workers; lastly, there is competition always, and sometimes open war, among the nations of the civilised world for their share of the world-market.
The whole world is an open, free market. No state can exist without the others.
The need of a constantly expanding market for its products chases the bourgeoisie over the entire surface of the globe. It must nestle everywhere, settle everywhere, establish connections everywhere. The bourgeoisie has, through its exploitation of the world market, given a cosmopolitan character to production and consumption in every country. To the great chagrin of reactionaries, it has drawn from under the feet of industry the national ground on which it stood.
How movies are financed, it's a world market now... I feel like, you know, the independent film way of working is something that was in my bones. It's like being a part of a punk band, but no one's singing punk rock anymore. Only a few bands are able to play, and Woody Allen is one of them.
Globilization is here to stay.
I think that fashion has become such a big business and with globalization we are on new territory at this point. We are not just designing for a country we are designing for a world now.
The growth of means of transport has created a world market and an opportunity for division of labor embracing all the developed and most of the undeveloped states.
Globalization is simply opening the free marketplace to encompass the entire world.
If you want to have prosperity here, we really have to see our small businesses able to grow and compete around the world.
Modern techniques have torn down state frontiers, both economical and intellectual. The growth of means of transport has created a world market and an opportunity for division of labor embracing all the developed and most of the undeveloped states.
The pro-American policy is the one that forces oil prices down. The way to do this is to flood the world market with liquid fuel from every source possible.
It is in our nations' interests to see a strong European Union with a growing economy, competitive on the world market.
I did not think so at first. But the US is so incredibly dependent on oil, that they wanted to secure oil in case competition on the world market becomes too hard.
China is the world's largest lighting market. That should not be ignored lightly.
There will be a lot of competitive and strong companies coming here and even though Kosovo is a small country that undoubtedly has a lot to offer to global trade; one of our main interests is to expose it to the world market.
Globalization, which attempts to amalgamate every local, regional, and national economy into a single world system, requires homogenizing locally adapted forms of agriculture, replacing them with an industrial system-centrally managed, pesticide-intensive, one-crop production for export-designed to deliver a narrow range of transportable foods to the world market.
One day, when the world market is more or less fully developed and can no longer be suddenly enlarged, and if labour productivity continues to advance, then sooner or later the periodic clashes between productive forces and market barriers will begin, and because of their recurrence, these will naturally become increasingly rough and stormy.