Of course we learn from our philosophy courses that global is universal. But universal simply means something which is applicable to everybody due to certain inalienable rights it pertains to everyone, even if it's a joke. Even if you know that it doesn't. But, in fact, it ought to. Globalization never presumes that it belongs to everyone.
Globalization slices out, irrespective of territory, a grid within the world.
Organizes it according to systemic mechanisms. That is, mechanisms that are not centred in one actor, like a universal monarchy. There is no monarch on top of all of this. And the important, indeed the key instrument, is law. Law, however, not to be the capital 'L', constitutional law, but law as a series of guidelines, practices and mutual interests.