Globalization here is understood to be a multicentric, multiscalar, multitemporal, multiform, and multicausal process, which has much less of an explanans and more of an explanandum. In recent analysis globalization has been found to be about place, space, and scale. Yet, following its title, this paper argues that it is about time too. In other words, globalization is also a spatio-temporal process. The nature of this process, its relation with the development of capitalist economies and the role of the state, are at the core of this paper.