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Mark Hughs Bus 495 Globolisation The internet may be spearheading a global communications revolution; fashion designers may embrace "ethnic" hues and styles; McDonald's may spread its restaurants across the globe. Beyond the front pages, globalization is a reality that, for better or worse, touches our lives in ways most us never stop to think about. Many would certainly say it was a good thing. Increased international trade has made us wealthier and allowed us to lead more diverse lifestyles. But the legions of demonstrators now amassing in Prague for the annual meetings of the international Monetary Fund and the World Bank disagree. The coalition of environmentalists, anti-poverty campaigners, trade unionists and anti-capitalist groups see the growth of global companies as raising more problems than it solves. The term "globalization" was first coined in the 1980s, but the concept stretches back decades, even centuries, if you count the trading empires built by Spain, Portugal,...

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