According to Leslie Sklair Globalization perpetuates inequality – global economic system is inherently unfair

Globalization has led to the creation of a “global risk society.”

What theory emphasizes that globalization is a network of production, culture, and power that is constantly shaped by advances in technology, which range from communications technologies to genetic engineering.

It is a process whereby globalization causes one culture to consume another.

Etnoscapes is the migration of people across cultures and borders

Marshall McLuhan describes the phenomenon of the world’s culture shrinking and expanding at the same time due to pervasive technological advances that allow for instantly sharing of culture.

GLOCALIZATION means that ideas about home, locality and community have been extensively spread around the world.

Theories of Globalization

Homogenization is the name given to the process whereby globalization causes one culture to consume another. It would tend to highlight the rise of world beat, world cuisines, world tourism, uniform consumption patterns and cosmopolitanism

It is the idea of a worldwide homogenization of cultures through the effects of multinational corporations.