The spirit underlying the term 'globalization' has been crisply captured by Albrow (1990, p. 9), as "all those processes by which the people of the world are incorporated into a single world society, global society". Such an ideal of one global world society is not a new con cept however. An ancie nt Indian vers e speaks of a sim ilar ideal: 'Vasudhaiva Kutumbakam' (translated from Sanskrit as "vasudha", the earth; "eva" = emphasizer and "kutumbakam", "family") meaning 'the whole world is one single family'.