Postnationalism or non-nationalism is the process or trend by which nation states and national identities lose their importance relative to cross-national, self-organized, or supranational and global entities as well as local entities. Although postnationalism is not strictly considered the antonym of nationalism, the two terms and their associated assumptions are antithetic as postnationalism is an internationalistic process. There are several factors that contribute to aspects of postnationalism, including economic, political, and cultural elements. The increasing globalization of economic factors, such as the expansion of international trade in raw materials, manufactured goods, and services, and the growing importance of multinational corporations and internationalization of financial markets, have led to a shift in emphasis from national economies to global ones.