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Globalization as American hegemony
English Philosopher John Gray described globalization as post-Cold War American triumphalism, and stated "global laissez-faire is an American project". Gray points out that the American system of Globalization is past its prime and is no longer sustainable in the modern world. Globalization in the United States began with the common goal of forming a global collective that facilitates a steady stream of trade, internationalism, and collaboration in various sectors to promote peace and prosperity. Some scholars and critics say the Washington Consensus played a role in solidifying the United States as one of the core nation-states at the heart of the system of global capitalism in the post-Cold War era. However, this system has been openly criticized by some, mainly by examination of the United States today. In the United States, there are high levels of economic and social inequalities feeding an ever-growing disparity between the upper and lower class. Furthermore, the United States has the single highest rate of incarcerations, one of the highest GINI scores of income inequality, and a great deal of economic uncertainty sweeping the nation. The criticism that follows is that the influence of the American system on other countries may reproduce these negative effects. Other critics argue that globalization is hurting the domestic economy rather than foreign states under its influence. Namely, former United States President Donald Trump, who announced he felt that America had lost its former high regard and had become a laughing stock on the world stage. He openly voiced these opinions during a U.N. General Assembly stating "We reject globalism and embrace the doctrine of patriotism”. This was the intro to a tirade on globalization's harmful effects and a defense on the withdrawal of the United States from various U.N. councils. More broadly, many Americans have a feeling of being forgotten or swept up by globalization and its lasting effects, according to a survey conducted by the Pew Research Center. According to the survey, these feelings were brought on by the rising cost of living, culture shifts, industry decline, and the rising influence of multinational corporations.

Power of transnational corporations
In the process of implementing globalization in developing countries, the selection of winners and losers is often predetermined. Multinational corporations often benefit from globalization while poor, indigenous locals are negatively affected and often exploited. The power of transnational companies inflicts a major threat for indigenous tribes and other small colonies residing in larger nations opting towards globalization. Transnational companies exploit the local land and resources of the families belonging to these tribes for their businesses. An example of this occurring is large palm oil companies receiving land to develop from the government that is occupied by the indigenous tribes. This has led to massive deforestation and a silent human rights crisis. Globalization can be seen as a new form of colonization or imperialism, as economic inequality and the rise in unemployment have followed with its implementation. Globalization has been criticized for benefiting those who are already large and in power at the cost of endangering the countries’ indigenous population. Furthermore, globalization is non-democratic, as it is enforced through top-down methods. In the name of free markets and with the promise of an improved standard of living, local authorities give up some of their political and social powers to international organizations. Thus, globalization causes the greater empowerment of these international organizations and the diminishing influence of local state institutions.

Globalization on the world stage
The globalization system includes nations themselves as well as government-sponsored organizations and independent social-movement organizations. All these entities form a conglomerate lessening the significance of the individual nation and focusing on the larger group. There are many benefits to implementing the system today. For example, duel or even multiple citizenship passports such as those distributed by countries belonging to the European Union allow holders to freely travel, study, and even work in 27 countries. Elsewhere, acquiring a passport or work visa can be a lengthy and complicated process and it may only apply to a single country. However, not all nations are interested in participating in globalization. An obvious example is North Korea which practices extreme isolationism and shuns away from political affairs and treaties. Others opposed to globalization dislike what comes with it and many times are anti-corporation and opposed corporate capitalism. Other non-governmental organizations voice strong arguments against globalization citing humanitarian crises and rising social and international inequality in many regions.