Globalization has replaced imperialism and colonization as a new form of economic domination and oppression and now presents, according to critical thinkers, a threat to the world economy.

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Globalization has been criticized for exploiting developing countries by creating a global economic system that benefits developed countries and multinational corporations. It is seen as a new form of economic domination and oppression, replacing the old imperial and colonial systems. Critical thinkers argue that this poses a threat to global economic stability and perpetuates global inequality.

Globalization Has Replaced Imperialism and Colonization as a New Form