"The Era of Globalization" is fast becoming the preferred term for describing the current times. Just as the Depression, the Cold War Era, the Space Age, and the Roaring 20's are used to describe particular periods of history; globalization describes the political, economic, and cultural atmosphere of today.
While some people think of globalization as primarily a synonym for global business and trade, it is much more than that. The same forces that allow businesses to operate as if national borders did not exist also allow social activists, labor organizers, journalists, academics, and many others to work on a global stage.
While coming up with a definition is difficult, an even greater challenge is deciding whether globalization is a good thing or a bad thing. Click here to find out more about that debate.