It can best be understood as a leitmotif of human history. If properly defined and applied, the “g-word” actually does have some utility. Some see it as nirvana - a blessed state of universal peace and prosperity - while others condemn it as a new kind of chaos. The Economist has called it “the most abused word of the 21st century.” Certainly no word in recent memory has meant so many different things to different people and has evoked as much emotion. Since the first appearance of the term in 1962 ‘globalization’ has gone from jargon to cliche.
Over the course of human history, the desire for something better and greater has motivated people to move themselves, their goods, and their ideas around the world. The exponential growth in the exchange of goods, ideas, institutions and people that we see today is part of a long-term historical trend.
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