![]() ![]() Globalization is a term that has been used in reference to the progressive interconnectivity and interdependence of global markets (Woods, 2000). Working from the definition of globalization and an understanding of the ideologies from two schools of thought: liberalism and realism, we can draw the conclusion that globalization is just old wine poured into new wineskins. Solomon’s philosophy, written more than two millennia ago, still holds true, and that in itself is evidence that globalization, like a lot of other things in the world today, is no new phenomena (Bordo, 2002). What has changed, perhaps, is the rate and the scale at which globalization is taking place. Globalisation is a concept that is older than we actually make it out to be. countries still conduct trade with each other, those who are stronger create modern day empires that the weaker pay tribute to, maybe not in gold or human slaves but in the formulation of policies and trade agreements. In today’s political and economic environment, Solomon is not far off the mark. King Solomon, that biblical figure who was credited as being the wisest man that ever lived, once disenchanted, commented that there is nothing new under the sun the things which have been done before are the same ones being done now, and shall continue being done ad infinitum.
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