This essay aims to emphasize and clarify the positions that exist within the current globalization debate. The positions are the neo-liberal, the opponents, the pragmatists and the skeptics. The text presents and explains their ideological, moral and political positions and beliefs about the world, the nation state, the society and the individual; in light of Steven Lukes’ and Antonio Gramsci's theories regarding the interaction and the relationship between power and hegemony. The methodological starting point is the ideology-critical analysis; in which their arguments in the current globalization debate is highlighted and categorized. The neo-liberals consider globalization as a tool to legitimize the notion of the free, rational and autonomous individual – who in a free market chooses to contract, interact and relate to each other without facing any government intervention. Opponents see that globalization does not necessarily have to mean the spread of neoliberal economic doctrines – or government deregulation or privatization – but instead may represent a path towards a more just, democratic and inclusive world. Between these two diametrically opposed positions are the pragmatists; who argue that there must be a balance between political and economic freedom and government regulation and their institutional powers. Only then will globalization have the desired effects needed to be able to lift nations out of poverty, bring well being and evoke a greater temporal coherence at the global level. Finally, the skeptics’ viewpoint is that the concept of globalization is misleading and is used mainly as a diversion to hide the real interests – namely the U.S. ambitions to maintain its hegemonic position to continue to spread their neo-liberal ideology through the principles of free trade and democratization through the abolition of the welfare state. The analysis shows that the globalization debate is not primarily about what arguments are discussed at the present time, but instead deals with the political and ideological beliefs concerning how society should be designed and how the world should be comprehended and understood. The globalization debate is really about the individual and collective consciousness created by the liberal hegemonic exercise of power, and how this influence is manifested through the intellectual and moral leadership of the ruling class in the world today.