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Although "globalism" is a term often used to describe a coming golden — Globalization

"Although "globalism" is a term often used to describe a coming golden age of economic and cultural borderlessness, persistent economic disparities as well as recent ethnic conflicts and other examples of extreme parochialism such as widespread anti-immigration rhetoric and legislation, all of which evince an astonishing resistance to changes in the traditional methods of societal organization, suggest that the modern world may face great upheaval and loss on its way to globalism. Nevertheless, other developments such as the movement toward the "Open Republic" are more encouraging. As people, businesses, and ideas become increasingly dispersed, the worlds nations may come to better understand one another, and therefore be better able to coexist. At a minimum this commingling will profoundly affect the character of modern nations."
Globalization
Globalization
Globalization
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Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. It can be attributed to a series of factors, including the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation infrastructure, and the advancement of information and co

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"Low labour cost, along with flexibility in labour use, has become a key source of competitive advantage for firms. As external competition intensifies, the domestic industry has come under great pressure to restructure itself, to become more competitive and to adopt flexible policies with regard to production and labour. With a view to increasing global competitiveness, investors are moving more towards countries that either have low labour costs, or are shifting to informal employment arrangements. These changes create an entirely different political-economic environment for workers around the world. Greater international mobility of capital relative to labour puts workers from a given location at an immediate disadvantage, both in terms of bargaining power with the owners of capital (whose threat to move gains greater credibility) and with respect to the State. Thus the removal of domestic entry barriers and movement of capital to areas of cheap labour have caused intensification of domestic competition in many developing countries— especially those with surplus labour supply and those where labour is a major factor of production. This has been accentuated by potential investors citing the lack of flexibility in hiring and laying off workers as a concern, while targeting a developing country in which to invest. [...] Optimism with regard to labour as an agency of social progress has been replaced by pessimism that sees little prospect of workers acting on their own behalf."
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"As recently as 2005, Britain’s centrist prime minister Tony Blair could declare that to argue about globalization made as much sense as arguing about whether autumn should follow summer. By 2020, both globalization and the seasons were very much in question. The economy had morphed from being the answer to being the question. The obvious retort to “It’s the economy, stupid,” was “Whose economy?” or “Which economy?” or even “What’s the economy?” A series of deep crises beginning in Asia in the late 1990s and moving to the Atlantic financial system in 2008, the eurozone in 2010, and global commodity producers in 2014 had shaken confidence in market economics. All those crises had been overcome, but by government spending and central bank interventions that drove a coach and horses through firmly held precepts about “small government” and “independent” central banks. And who benefited? Whereas profits were private, losses were socialized. The crises had been brought on by speculation. The scale of the interventions necessary to stabilize them had been historic. Yet the wealth of the global elite continued to expand. Who could be surprised, it was now commonplace to ask, if surging inequality led to populist disruption? What many Brexit and Trump voters wanted was “their” national economy back."
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"If it fulfills our hopes, this center will be, at once, a symbol and a reflection and a hope. It will symbolize our belief that the world of creation and thought are at the core of all civilization. Only recently in the White House we helped commemorate the 400th anniversary of Shakespeare. The political conflicts and ambitions of his England are known to the scholar and to the specialist. But his plays will forever move men in every corner of the world. The leaders that he wrote about live far more vividly in his words than in the almost forgotten facts of their own rule. Our civilization, too, will largely survive in the works of our creation. There is a quality in art which speaks across the gulf dividing man from man and nation from nation, and century from century. That quality confirms the faith that our common hopes may be more enduring than our conflicting hostilities. Even now men of affairs are struggling to catch up with the insights of great art. The stakes may well be the survival of civilization. The personal preferences of men in government are not important--except to themselves. However, it is important to know that the opportunity we give to the arts is a measure of the quality of our civilization. It is important to be aware that artistic activity can enrich the life of our people, which really is the central object of Government. It is important that our material prosperity liberate and not confine the creative spirit."
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Lyndon B. Johnson
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"A free people will always refuse to put up with preventable poverty. If freedom is to be saved and enlarged, poverty must be ended. There is no other solution. The problem of how to prevent these three forces from coming into head-on collision is the principal study of the more politically conscious Conservative leaders. How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the twentieth century."
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Aneurin Bevan