  A pragmatic interpretation of social facts in this way encourages us to see globalization as Janus-faced, as an obstacle and as a resource for the realization of democratic ideals. This sort of theory sees globalization not as a unitary but rather as a multidimensional process. Even the notion of “complex interdependence” can be misleading insofar as it falsely suggests the telos of an increasingly integrated world or an increasingly homogeneous culture or political community (Keohane 2000, 117). A pragmatic analysis is better served by a concept such as “interconnectedness” as opposed to interdependence to the extent that interdependence suggests convergence and levels the differences in the ways in which globalization is experienced. Rather, it is important here, as in the case of the fact of pluralism, to see that this process can be experienced in different ways by different peoples or political communities, given that it is a multifaceted and multidimensional process producing “differential interconnectedness in different domains” (Held et al 1999, 27). In some domains such as global financial markets, globalization is profoundly uneven and deeply stratified reinforcing hierarchies and distributive inequalities. Inequalities of access to and control over aspects of globalizing processes may reflect older patterns of subordination and order, even while the process produces new ones by excluding some communities from financial markets and by making others more vulnerable to its increased volatility (Hurrell and Woods 1999).