ABSTRACT
Globalization began in the fifteenth century with the growth of capitalism and its overseas expansion: The first pattern of globalization is seen in the conquest and exploitation of Asia, Africa, and Latin America and the white colony settlements in North America and Australia. In other words, globalization was, from the beginning, associated with imperialism: The global linkage was based on European accumulation—exploitation of the Third World for accumulation in the First World. The imperial origins of globalization define the impetus, nature of the networks, and the "dynamic" of the process. From the beginning, class configurations and state institutions in the Third World were essential in opening the countries to exploitation and in assuring raw materials, controlled labor, administrative cadres, and a reliable army to facilitate the "deepening of globalization." The greater the articulation in the Eurocentric global economy, the greater the disarticulation of the domestic, indigenous economy. The global empires (Spain and Portugal) were initially built around exploiting domestic economies to finance overseas conquest and private accumulation.
