Abstract: As globalization marches, transformations of social space occur in both, the global society and separate countries alike. This study views globalization as a factor of social conflict growth, and one of the major sources of growth of tensions between the parties of modern civilization. The authors focus attention on numerous aspects of the issue, such as economic development disparity between countries, intercultural, inter-ethnic conflicts on numerous levels of social space. The chief methods of study include analysis of academic studies on the issue, as well as the methods of comparison and generalization. The analysis performed by the authors revealed that the reasons of social conflict lie in the nature of the society and ensure its development. However, the process of globalization may catalyze the so-called primary conflicts till they reach catastrophic scale, becoming unmanageable by any single social subject. Being the source of social conflict, globalization reveals the need for change in the system of management which must be able to control the level of social tension and efficiently handle its negative consequences.    

Keywords: economic globalization, information globalization, selfgovernment, management, social inequality, social conflict, globalization, global governance, social tension, economic competition