END NOTE

END NOTE

  1 Although globalization is acknowledged to be a consequence of modernity, it also can not only be cultural

  flows in one direction. During the 80s and 90s, academic debate among scholars open space for formulation in view of globalization as an increase in contact between cultures, not as an imposition of the dominant culture on other cultures.

  2 The Cold War, the international system polarized into two blocks: the West Block (liberal) led by the United States and

  the Eastern Bloc (communist) led by the Soviet Union. At that time, there was no homogeneous system because the world is divided into countries with liberal and communist. Globalization also not been growing rapidly despite the initial stages of its development has been started around the 16th century when the empire's military and political power expansively at the time. Read more depth Pasaribu Rowland

  B. F., (2011). Political Economy of Globalization. P. 516 3 This agreement is known as the Bretton Woods system.

  This system has a useful life of 1944 to 1970s. The Bretton Woods conference was attended by representatives of 44 countries and was held in 1944 at Bretton Woods, New Hampshire, United States. Initially had 30 members in 1945 and now more than 180 member countries. Agreement includes an agreement to establish three international monetary institutions, namely the International Monetary Fund (IMF), International Bank for Recontruction and Development, commonly referred to IBRD and often called the World Bank, and the International Trade Organization, commonly called ITO, has developed into World Trade organization World Trade Organization (WTO). Read more Budi Winarno, Pertarungan Negara Versus Pasar, (Yogyakarta: MedPress, 2009), p. 116-117. The Bretton Woods system had also been shelled in the Perspective of Islam, such as writing Ayif Fathurrahman, (2011), the Bretton Woods system in the Perspective of Islamic Maqasid.

  Robins, Nick, Robert Clover Charanjit Singh. 2009. ‘A

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