Click for full article Globalization amounts to four radical changes in the world system. These are (1) the destabilization of and removal of sovereignty from Western nation states, (2) the establishment of an essentially fascist world government under the direct control of the capitalist elite, (3) the greatly accelerated exploitation and suppression of the third-world, and (4) the gradual downgrading of Western living conditions toward third-world standards. By these means, elites hope to achieve yet another round of capital growth.