...We will also analyze the divergence between the grand claims of the globalists' theories and their meagre explanatory power - their claim to be the filet mignon of social theory while their results approximate baloney. (Hence we can introduce the concept of "globaloney" as a way of highlighting the contrast between globalist rhetoric and contemporary realities.
Petras, J. and H. Veltmeyer. 2001. Globalization Unmasked: Imperialism in the 21st Century. London: Zed Books.