Therefore, the globalization of the world can mean the fragmentation of cultures and the possibility of new conflicts along civilization lines. The theory of Samuel Huntington however has had several critics who argue that in fact the neo-liberal approach of world economics and politics will increase the financial resources of the world and thus foster the creation of a global culture based on similar moral values and norms. However, it is less likely for the neo-liberal practices to have this effect on the short-term because it is rather clear from the image of today's world that globalization has led, in a constant manner, to inequality. This consideration is rather simple and revolves around the issue of the distribution of resources. More precisely, the developed world has limited resources and most transnational companies prefer to exploit those in third world countries who either have more resources or they are willing to sell them. The spirit of capitalism in its purest sense is thus developed. However, this automatically leads to western states becoming richer and underdeveloped countries becoming poorer. Thus, conflicts are deemed to arise in areas where poverty is a reality and a state of mind. Therefore, taking these two points-of-view into account it is rather hard to give a proper assessment on the way in which neo-liberal practices and politics will eventually affect culture and diversity.

The discussion of this topic is rather important for the background of every student, regardless of his area of study. It helped me discuss several aspects which included the different...

Thus one can no longer decide on the line which should separate the national from the regional, as well as the regional from the global. A thorough consideration of the issue of globalization has helped me better understand the idea behind the saying that "when America sneezes Europe catches a cold." This expression I believe expresses best the sense of the globalised world.
Bibliography

Ayres, J.M. (2004) "Framing Collective Action Against Neo-liberalism: The Case of the "Anti-Globalization" Movement." Journal of World- Systems Research.. 14 May 2008. http://jwsr.ucr.edu/archive/vol10/number1/pdf/jwsr-v10n1-ayres.pdf

Forum Barcelona. (2004) "Theme 2: Is There a Global Culture? The Globalization of Media and the Culture of Societies." Session summaries. 14 May 2008. http://www.barcelona2004.org/eng/banco_del_conocimiento/documentos/ficha.cfm?IdDoc=1676

Huntington, S.P. (1996) the Clash of Civilizations and the Remaking of World Order, New York, Simon & Schuster.

Modelski, G.(n.d.) the four dimensions of globalization. 14 May 2008 https://faculty.washington.edu/modelski/Global4.html. html

Velleggia, S. (1999) "Cultural politics: choosing between the global market and democracy." World Association for Christian Communication.. 14 May 2008 http://www.wacc.org.uk/wacc/publications/media_development/archive/2000_2/cultural_politics_choosing_between_the_global_market_and_democracy