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In recent years, many scholars have become fascinated by a contemporary, multidimensional process that has come to be known as “globalization.” Globalization originally described economic developments at the world level. More specifically, scholars invoked the concept in reference to the process of global economic integration and the seemingly inexorable movement toward a single economy and a single division of labor in the world. For Leslie Sklair, globalization thus refers (among other things) to the “emergence of a globalized economy based on new systems of production, finance and consumption.” Terry Boswell and Christopher Chase-Dunn understand the economic dimension of globalization similarly, as the evolution of “transnational sourcing and a single interdependent global economy” facilitated by “foreign investment, information exchange, . . . world cultural commercialization, [and] the integration of trade and production.” Beyond economic inquiry, the globalization concept has proved quite useful in exploring other recent world-level processes and developments. Scholars have studied world cultural and political integration, for instance, as dimensions of globalization; it is in such contributions that we encounter references to the “MacDonaldization” or “Americanization” of culture and to the “withering” or “retreat” of the nation-state. A casual scan through any library database illustrates the ever-more specific applications of the globalization concept to such realms as health policies, music, ethnicity, gender,

“Competing Conceptions of Globalization” Revisited: Relocating the Tension between World‐Systems Analysis and Globalization Analysis