Book excerpts and columns by Thomas Friedman argue that the "new era of globalization became the dominant international system at the end of the twentieth century" in an irreversible process affecting everyone.
Although they may not recognize themselves as antiglobalists and are pro-capitalism, some economists who don't share the neoliberal approach of international economic institutions have strongly influenced the movement. Amartya Sen 's Development as Freedom ( Nobel Prize in Economics , 1999), argues that third world development must be understood as the expansion of human capability, not simply the increase in national income per capita, and thus requires policies attuned to health and education, not simply GDP. James Tobin 's (winner of the Nobel Prize in Economics ) proposal for a tax on financial transactions (called, after him, the Tobin tax ) has become part of the agenda of the movement. Also, George Soros , Joseph E. Stiglitz (another Economic Sciences Nobel prize winner, formerly of the World Bank, author of Globalization and Its Discontents ) and David Korten have made arguments for drastically improving transparency , for debt relief , land reform , and restructuring corporate accountability systems. Korten and Stiglitz's contribution to the movement include involvement in direct actions and street protest.
Globalization shares a number of characteristics with internationalization and is used interchangeably, although some prefer to use globalization to emphasize the erosion of the nation-state or national boundaries.