This document discusses the concept of "glocalization" and how it relates to globalization and local activism. It proposes that glocalization represents the globalization of ideology to adapt to and shape local conditions through localized fantasies. These localized fantasies paradoxically reinforce ideologies of global capitalism by making them seem localized and unique to a particular cultural context. One example discussed is the "Beijing Consensus," which presents China's transition to capitalism as culturally specific and empowering to the nation. The document suggests future research could further examine competing localized fantasies of capitalism and how resistance and activism are also being shaped by these fantasies.