What are the competing conceptions of globalization?

Dictionary.com defines globalization as "worldwide integration and development." The concept of globalization is somewhat amorphous. However, it does involve the integration of the world's economic systems, political institutions, and cultural trends. Although globalization gained impetus after 2000, the concept is not new. In 1968, War and Peace in the Global Village was published, popularizing the term global village.
Economic globalization is the interdependence of countries's economic systems. Typical products are no longer produced or consumed in a single nation. For example, a Toyota car has parts made in numerous locations. In general, trade barriers between nations have been reduced in recent decades. International banking is an example of a globalized industry. Today, corporations are generally global, not regional or national.
Globalization has numerous political implications. Nation states have lost some their autonomy to global agencies such as the IMF and the WTO. Workers, many of whom have lost jobs when factories relocated to other countries, have blamed globalization for their plight.
Globalization has cultural aspects, too. The internet has been a key factor in this, and it will become even more important as more people go online. Trends in music and fashion have become globalized. People watch the same movies and videos.
Globalization is likely to continue and even accelerate, but many people oppose it. Opponents believe economic, cultural, and political rights are being lost to omnipotent and malevolent international actors.