As I explain in my previous blog posting (from September 6), globalization isn't necessarily bad. Rather, the problem is that the types of globalization that have been promoted by wealthy corporations, nations, and "governance" institutions have been very detrimental to people in both the developing and developed worlds.
Today, the Economic Collapse Blog has a very relevant post about why the World Trade Organization is bad for America.
At a most basic level, the WTO is not democratic and represents the interests of political appointees rather than the people of the nations that belong to it.
I highly recommend visiting the economic collapse blog and reading this post.
Additionally, I just ran into a highly recommended video on peak oil. I haven't watched it yet but plan to asap. It is with Dr. Colin Campbell.