Why did he call it dark? Because it was founded on a dark, unspoken, implicit pact between America's ruling class and foreign capitalists and rentiers.

Globalization is the result of powerful governments, especially that of the United States, pushing trade deals and other accords down the throats of the world’s people to make it easier for corporations and the wealthy to dominate the economies of nations around the world without having obligations to the peoples of those nations.

Fuelled by new forms of science and technology, military expansion, and aggressive colonization of southern nations and the developing world, capitalism evolved into a truly global system. Global capital is inspired by neoliberal visions of nations as resource pools and open markets operating without restrictions. The process euphemistically termed "globalization" is driven by multinational corporations such as and ; financed by financial goliaths such as the and the (IMF), and legally protected by the World Trade Organization (WTO). It homogenizes nations into a single economic organism and trading bloc through arrangements such as the (NAFTA), the (FTAA), and the European Union (EU). Multinationals seduce, bribe, and coerce nations to open their markets and help drive down labor costs to a bare minimum, and rely heavily on corrupt dictators, loans and debt, and “hit men” and armies to enforce the rule of their “structural transformations” of societies into conduits for the flow of resources and capital. Globalization has produced trade laws that protect transnational corporations at the expense of human life, biodiversity, and the environment. It is accompanied by computerization of all facets of production and expanding automation, generating heightened , corporate downsizing, and greater levels of unemployment, inequality, insecurity, and violence.

For much of the world, globalization as it has been managed seems like a pact with the devil. A few people in the country become wealthier; GDP statistics, for what they are worth, look better, but ways of life and basic values are threatened. For some parts of the world the gains are even more tenuous, the costs more palpable. Closer integration into the global economy has brought greater volatility and insecurity, and more inequality. It has even threatened fundamental values.
This is not how it has to be. We can make globalization work, not just for the rich and powerful but for all people, including those in the poorest countries. The task will be long and arduous, We have already waited far too long. the time to begin is now.

At the start of the oil glut, a climactic set of economic relations took shape led by Prime Minister Margaret Thatcher (and joined eagerly by President Reagan and his advisors) that would be called “globalism.” It was not so much a new idea as the logical and inevitable result of mature self-organizing systems elaborating themselves under the influence of renewed, immense energy inputs—the ultimate cheap-oil way of doing business in the closed system [in respect to matter] that is the planet Earth. It entailed the maximization of short-term profit and the minimization of care for future generations. It was the ultimate generator of entropy.

Globalization is a process that encompasses the causes, course, and consequences of transnational and transcultural integration of human and non-human activities.

Globalization is a form of totalitarianism... It is the rich who rule, and the poor live as they can.

The global system presiding over everything, as we have said, invented another form of domination: globalisation. "Globalisation" is a very nice word in itself. A word which can unite, can bring brotherhood among people. But, the word "globalisation" such as it is conceived, is a word that brings just the worst. With this word there has been brought the globalisation of misery, death, hunger: 35 million people die of malnutrition every year. Yes, that would be a very nice word, if we had globalised for the better, brought well-being for all. But, it’s the contrary. It’s a perverse globalisation; it globalises the bad, it globalises death, it globalises poverty.

Globalization is the economic treason that dare not speak it name.

Globalization represents the tragic reversal of all that Keynes hoped to achieve at Bretton Woods: an international framework that would end nationalisms, international trade competition, high levels of domestic unemployment, low levels of aggregate demand and the consequent debt deflation. It was an attempt by Keynes and other economists to prevent the return of nationalisms and fascism by developing policies that increased domestic demand not by boosting exports and raising demand externally but by raising living standards at home: an inter-national system that would restore policy autonomy to democratic states and stability to the world’s economies.

The entropic mess that our economy has become is the final blowoff of… industrialism. The destructive practices known as "free-market globalism" were engendered by our run-up to and arrival at the world oil production peak. It was the logical climax of the oil "story." It required the breakdown of all previous constraints… to maximize the present at the expense of the future and to do so for the benefit of a very few at the expense of the many. […] Free-market globalism became the reigning orthodoxy […], challenged only by cranks… at the very margins of society. The moment that the world recognizes the passing of the oil production peak as a reality, globalism will be dead both in theory and practice.

After World War II, we hoped the world might be united for the sake of peacemaking. Now the world is being "globalized" for the sake of trade and the so-called free market — for the sake, that is, of plundering the world for cheap labor, cheap energy, and cheap materials. How nations, let alone regions and communities, are to shape and protect themselves within this "global economy" is far from clear.

We need to think about globalization as being much more than structural adjustment policies by the World Bank, or the economic policies of the IMF which have devastated so many societies and lives; or just the financial infrastructure through which life becomes financialized on behalf of speculative capital which currently rules the world; the markets and all that.

He warned me that trade would open the door to greed and greed was an inconsiderate guest; it would bring its evil relations with it. (p58)