The term “globalization” has been subject to a variety of interpretations. Although in its simplest form it can be seen as the way the world has integrated economically, politically, socially and culturally through advances in technology, communication and transportation John Baylis et al. (2011). John Baylis et al. (2011) comment that every day 2 trillion dollars are exchanged in foreign markets, this exchange takes place between transnational companies. A transnational corporation is headquartered in one country and operates partially or wholly owned subsidiaries in one or more other countries. An example of a transnational corporation would be Google, whose headquarters is in Mountain View California but has multiple offices around the world such as Dublin. It is estimated that huge transnational corporations (henceforth TNCs) account for a quarter to a third of all world production, 70% of all world trade, and more than 80% of world investment. These figures provided are proof that these transnational corporations are the key figure in the world economy that controls the location and distribution of all the economic and technological resources provided by the world. These multinationals only began to increase their wealth in the 1980s and 1990s as they sought to increase their share of the world market. This was exercised by moving their capital from one country to another according to Baylis et al. (2011). Multinational corporations are the dominant figures in the world economy because of the net worth they entail. Globalization is at the heart of what multinationals accomplish because they are so rich that in terms of resources they compete with the state and the rules of international trade. National economic policies have been changed dramatically... half of document... p://www.davidlehmann.org/david-docs-pdf/Pub-pap/Religion%20and%20Globalization%20proofs. pdf (Accessed 11 March 2014) Dybas. CL (2008) 'Climate, environment and infectious diseases: a report from the 2008 AIBS annual meeting', BioScience, vol. 58 (n. 9). Available from: http://www.jstor.org/stable/10.1641/B580903 [Accessed 12 March 2014]Gardiner, S.M., (2004) 'Ethics and Global Climate Change', Chicago Journals, vol. 114 (No. 3), available at: http://www.jstor.org/stable/10.1086/382247 [Accessed 12 March 2014]International Labor Organization (2014) Global Wage Report. Available at: http://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/documents/publication/wcms_100786.pdf (Accessed March 14, 2014) John Baylis, Steve Smith, Patricia Owens (2011 ) The Globalization of World Politics: An Introduction to International Relations. Oxford: Oxford University Press.