The more worrying feature of the new global corporate structures is their capacity to devastate national labour markets by transferring their operations to cheaper locations overseas.

And this fear that US models are replacing everything else now spills over from the sphere of culture into our two remaining categories: for this process is clearly, at one level, the result of economic domination - of local cultural industries closed down by American rivals.

For when we talk about the spreading power and influence of globalization, aren't we really referring to the spreading economic and military might of the US?

Fredric Jameson Quotes