This is monoculture too. Biodiversity is disappearing as fast as cultural diversity. A rising tide lifts all boats. According to the U.N., the gaps between rich and poor within countries and among countries, has grown because of the inequities of global trade. And, England now advertises that its workers are the lowest paid in Europe.
Low wages are suddenly virtuous.
Apparently, the rising tide lifts mainly yachts. The global economy is designed to benefit the largest corporations in the world, who are getting rapidly larger and more dominant. Already some corporations are bigger in economic terms than most nation states. Mitsubishi is the 22nd largest economy in the world. General Motors is 26th.