Since the imposition of free market policies in the 1980s, globalization has come to represent an ideological battle between those who favor economic growth and deregulation through the growing power of multinational corporations, versus those who prefer a more sustainable and democratic approach to international development, socio-economic justice, and the securing of basic human rights and needs.
World-renowned scholar and linguist Noam Chomsky recently spoke at an event titled, "What's Next? Creating Another World in a Time of War, Empire and Devastation."
Many in progressive circles still think that the task at hand is to “humanize” globalization. Fifteen years after the prophesied borderless, stateless international economy, globalization has in fact reached its high water mark - and is receding, argues Walden Bello.
The motto of the United States of Consumption is “In More We Trust.” The contribution of American culture to humanity is consumption obsession. Our epidemic of obesity, our land gluttonous suburban sprawl, our monster-size environmental footprint, our ravenous automobile addiction, and our heartless greed are symptoms of a deep-seated, sick mental state that keeps the economy humming. And it keeps increasing economic inequality and apartheid.
The Bangladeshi banker Muhammad Yunus, who invented the practice of making small, unsecured loans to the poor, warned today that the globalized economy was becoming a dangerous “free-for-all highway.”
The CIA (together with its associated intelligence organizations) gathers an unparalleled mass of information of all kinds on all the world’s countries. However, its analysis of this material is banal in the extreme. This is undoubtedly because its leaders cannot see beyond their imperialist prejudices or their Anglo-Saxon worldview and lack critical interest and imagination.