Globalization serves as a backdrop for many of the significant societal conflicts we face today, particularly regarding fundamental values. This dynamic is especially evident in the ongoing debate over the balance between government intervention and market forces, which reflects differing perspectives on how society should be structured and governed.

In "Making Globalization Work," Joseph E. Stiglitz emphasizes that these conflicts are not merely economic but are deeply intertwined with political, social, and ethical dimensions. The struggle between government roles and market operations highlights the broader implications of globalization on society, shaping how individuals and communities interact with one another in an increasingly interconnected world.