This paper is an attempt to critically examine the future of globalization. The paper analysis and forecasts the impact of political, economic, legal, and technological factors on global business. Included in the discussion will be financing and trade issues stemming from the different types of economic systems. Before delving into the crux of the matter, the paper attempts a clear definition of the concept of globalization, pointing out the arguments for and against it. It concludes by arguing that the political, economical, legal, and technological factors that influence globalization are all interrelated.