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Archive for articles filed in 'Globalization'

Taming Global Capitalism Anew Joseph E. Stiglitz, Thea Lee, Will Hutton, James K. Galbraith, Jeff Faux, Joel Rogers, Marcellus Andrews & Jane D’Arista)

Posted on Wednesday, April 5th, 2006

from the Nation magazine, April 17, 2006

One of the greatest achievements of the twentieth century was a social contract that provided far more economic security and prosperity for working Americans than had existed in any previous period. But successive waves of changes in the world economy, together with the ascendancy of a strain of economic philosophy that puts the freedom of capital above the interests of society, have placed enormous strain on the postwar social contracts of all Western countries, resulting in stagnating wages, greater insecurity and levels of income and wealth inequality not seen since the early 1900s. And even more far-reaching challenges arising from the current pattern of globalization, with its emphasis on the outsourcing of service as well as manufacturing jobs, may lie ahead. (Keep reading…)

Marx: The new globalization guru? (Eric Hobsbawm and Jacques Attali)

Posted on Saturday, March 11th, 2006

http://www.newstatesman.com/200603130018

New Statesman Monday 13th March 2006

In the past week Eric Hobsbawm, the pre-eminent historian and avowed communist, debated the role of Karl Marx in the 21st century with the one-time international banker Jacques Attali. They came to some unlikely conclusions (Keep reading…)

What are we going to eat? Gold or Diamonds? (Amardeep Gill)

Posted on Sunday, February 26th, 2006

Canadian Dimension Magazine, March/April 2006 Issue

In December, 2005, indigenous Asian communities from the most marginalized scapes took to the streets to reclaim their livelihoods and eco-culture, redefining food sovereignty and environmental space for themselves. The resistance from the peripheral grounds against the Sixth Ministerial Conference (MC6) of the World Trade Organization (WTO) was the essence of decentralized grassroots small movements. (Keep reading…)

The Real Meaning of Hong Kong: Brazil and India Join the Big Boys’ Club (Walden Bello)

Posted on Monday, January 2nd, 2006

Focus on the Global South

What was at stake in Hong Kong was the institutional survival of the World Trade Organization. After the collapse of two ministerials in Seattle and Cancun, a third unraveling would have seriously eroded the usefulness of the WTO as the key engine of global trade liberalization. A deal was needed, and that deal was arrived at. How, why, and by whom that deal was delivered was the real story of Hong Kong. (Keep reading…)

The Decline of the American Empire (Gabriel Kolko)

Posted on Tuesday, December 27th, 2005

from Counterpunch

The dilemma the US has had for a half-century is that the priorities it must impose on its budget and its imperial plans have never guided its actual behavior and action. It has always believed, as well it should, that Europe and its control would determine the future of world power. But it has fought in Korea, Vietnam, and now Iraq–the so-called “Third World” in general–where the stakes of power were much smaller. (Keep reading…)

Disneyland, Doha and the WTO in Hong Kong: The spectacle of corporate fear (By Hidayat Greenfield)

Posted on Thursday, December 8th, 2005

http://www.zmag.org/content/showarticle.cfm?SectionID=13&ItemID=9164

It’s fitting that the Sixth WTO Ministerial should arrive in Hong Kong only a couple of months after the opening of Disneyland. In both cases reality is abandoned at the door, while fiction and fantasy take over. The magical Doha ‘Development’ Round promises an end to global poverty and a new prosperity for all - based on an agenda that boosts transnational corporate power and demolishes the remnants of political and social barriers to corporate profit. Like a rollercoaster ride through a fictional world, we set off to alleviate global poverty and arrive at greater impoverishment as the destination. There’s a lot of smoke and mirrors and dazzling special effects, but we end up where we began. We end up with US$545 billion in global agricultural exports co-existing with eight million people dying of hunger and hunger-related diseases every year, while tens of millions of small farmers and agricultural workers who produce the food that feeds the world are themselves living in hunger. In the fantasy world of the Doha Round ‘market access’ is the magical solution: small farmers and workers must compete harder, producing more for less, while pinning their hopes on access to overseas markets so they can sell more of the stuff that’s impoverishing them. This will aggravate what a UN agency recently described as ‘immiserizing trade’ (trade that creates more misery), as agricultural commodity prices continue their free market freefall, driving down small farmers’ incomes and workers’ wages. (1) As the poverty gap widens, so too do the profit margins of the agri-food corporations and mega- supermarkets that control everything from the ‘farm gate to the dinner plate’. (2) (Keep reading…)

Will the WTO Survive Hong Kong? (Tony Clarke)

Posted on Tuesday, November 1st, 2005

Canadian Dimension November/December 2005 Issue

Six years ago in 1999, at the Battle of Seattle, we heard for the first time the chant, “Hey-hey! Ho-ho! The WTO’s got to go!” It’s a chant we’re likely to be refamilarizing ourselves with when the World Trade Organization hold its fifth ministerial meeting in Hong Kong, China, this coming December. (Keep reading…)

US Military in Paraguay: Threatening the Left and Eyeing Gas and Oil in Latin America (Benjamin Dangl)

Posted on Thursday, October 13th, 2005

from mrzine

Preparations for renewed US intervention in Latin America are underway. To protect its hegemony and economic interests, the US government is using the threat of terrorism as an excuse for military operations aimed at destabilizing leftist movements and governments and securing natural resources such as oil and gas. (Keep reading…)

CAFTA, AFTA … and SHAFTA? (LAURA CARLSEN)

Posted on Sunday, September 25th, 2005

Counterpunch

Last year was the tenth anniversary of the North American Free Trade Agreement (NAFTA), and nearly all evaluations of the agreement conceded that the period showed negligible or negative results for Mexico. As the developing country partner of the agreement, Mexico’s experience under NAFTA has major implications for other developing nations negotiating FTA’s, particularly with the United States. (Keep reading…)

The Flagging Empire (Paul William Roberts)

Posted on Monday, September 12th, 2005

(from the Globe & Mail, 09/10,/2005)

An Egyptian friend of mine was stunned at the inadequacy of the U.S. government’s immediate response to the flooding: “They have no trouble sending their armies to the outer reaches of the globe to invade or bomb, so why is it so hard to get help to their own people?” Poor as it is, he added, his country would have thrown all it had into the rescue of its citizens. (Keep reading…)

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