In this article, Professor Robert Rhoads of UCLA examines the impact of globalization on universities around the world, with a particular focus on the context of the United States and its role in shaping global university reform. He begins by defining globalization as the shrinkage of time and space and then proceeds to describe the influence of five primary manifestations of globalization: global capitalism and intergovernmental organizations such as the WTO and IMF (”globalization from above”), social movements (”globalization from below”), cultural globalization, the globalization of human rights, and the globalization of violence of a massive scale. He then examines university reform in light of the preceding forces by focusing on movements to deregulate, privatize, and standardize universities. He closes by pointing to some of the significant limitations of the ”academic capitalist” model of the United States.