I agree with you.
Personally I was educated in America and Australia. Travelled much of the world. Heck, I even participate on the best American political discussion forum there is :D
I think the main drawback of globalisation is the loss of national sovereignty. When a nation loses control of its borders and who by right are citizens - The nation is longer a nation as such.
Heck, I even agree with the socialist critique that most Rockefeller republicans who support globalisation/NAFTA whatnot does so only because it is an attack on workers and wage levels. And a boon to corporate profit levels.
I am an economist and former strategic consultant, but I do not worship corporations. Make a corporation large and powerful enough, give it a monopoly and it is just as bad as any government bureaucracy.
The secret is freedom and competition - not being an incorporated entity.
Cheers.