We get caught up in terms and semantics. Globalization is not a bad thing in and of itself. Economic laws suggest that it is good. Only when such trade is, a) completely under the control of MNC's or b) completly unregulated does it lead to problems.

Competition is tough, but we all must remember that while the pie is increasingly divided, the pie itself is growing larger and larger. It could very well be a win-win situation for everyone when we do what we do best, and let others do what they do best.