Probably the first “Globalization” in History was that one by Alexander the Great, in fourth century B.C., when he spread the Hellenic Culture. After that, there were several others.
So, the first Globalization is not that of the end of the 20th century, and is not the last… In that occasion, people used to think that the “glamourized Globalization” was the solution for everything. But, after 1999 several movements against it appeared.
Fifteen years ago, Stiglitz wrote about “Globalization and its Discontents”, focusing on the growing opposition to globalization in developing countries. Recently he wrote in the “Project Syndicate” that this opposition spread to other groups of countries, even the developed ones. Through the article he explains this kind of thing by many arguments and citing other authors.
Anyway, we can see that something is not working in matter of that kind of Globalization. At same time we can also see that internet is also a kind of globalization that is working and improving its functions in society. There are also other globalizations working, even in economy, but maybe not under the “Globalization” flag…
Maybe the word Globalization must be replaced by another one, or it is not working anymore because we are living in an after-postmodern time, when we can make the questions: Which globalization we want? Which globalization we need? Which globalization is possible?