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In most cases it has been a very emotive subject tied up with fear, on one hand, and unreserved acceptance on the other, which is an indication the level of misunderstanding which surrounds this concept.
Like mercantilism, colonialism, and industrialization, globalization is seen by some as the natural progression of capitalism by way of expansion of its means of production and control over its markets to force lesser developed states into a global economy. This phenomenon was predicted by Marx and Engels in the Communist Manifesto as a natural progression to an “institutional innovation of capitalism” where “the bourgeoisie, by the rapid improvement of all instruments of production, by the immensely facilitated means of communication, draws all, even the most [underdeveloped] nations into civilization…[compelled] on pain of extinction”...
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