Globalization: The Final Phase of Capitalism. SUMMARY: Capitalism currently can be used to justify virtual slavery, as is observed in the pyramid game involving sweatshops. We have entered into a new phase of capitalism known as globalization. As capitalism inevitably progresses towards its logic of profit at any cost, there no longer is an alternative or means of replacing the capitalist system. Pages: 2 Bibliography: 0 source(s) listed Filename: 18828 Final Phase, Capitalism.doc Price: 17.90