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Critics of Globalization Often State That It Is Little More

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Critics of globalization often state that it is little more than the spread of values and norms from the world's hegemon, the United States, and might lead to the elimination of ancient and valued cultures around the world.


Definitions:

Arbitration Agreement

A written contract in which two or more parties agree to settle a dispute outside of court through the arbitration process.

Punitive Damages

Monetary compensation awarded to an aggrieved party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.

Independent Contracting

A working arrangement where individuals are hired to perform services for others without being considered employees, often with more autonomy in how the work is completed.

Uniform Mediation Act

A law enacted to provide a consistent legal framework for the confidentiality of mediated communications across the states that adopt it.

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