Good overview of the theories and impact of globalization. I also recommend Haley's "Multinational corporations in political environments: Ethics, values and strategies" to understand the limits of the economic powers shaping our society.
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Imagine a field report from ten countries of the many ways that globalization is occurring, one of which explains globalization in Hungary in the form of the following common joke, as would the average person in the street: "...I feel sorry for the enthusiasts of globalization too, especially since I have been told the following joke in Budapest, which ridicules the time/space compression, a favorite concept of globalization...
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