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Globalization

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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.

Latest Articles

Back to Basics

The latest World Bank report on Growth and Development has again questioned the orthodox set of stabilisation and liberalisation policies to which we were told “there is no alternative” - and is an indication of how much the economics mainstream itself is shifting, writes Jayati Ghosh.

 
No Cheers for Globalisation

The intellectual assaults on globalisation are coming from some of its loudest former cheerleaders, says Dani Rodrik.

 
Whither Washington Consensus?

The consequences flowing from Washington Consensus-inspired reforms have worried US policymakers for some time - leading to a renewed questioning of the role of markets and the state, writes Girish Mishra.

 
Slash-and-Burn Economics Caused the Blade Crimewave

Moral panic over knife crime in the UK ignores the link between rampant consumer capitalism and social disintegration, writes Jeremy Seabrook.

 
An End to Infinite Growth and Blind Consumerism

The shift from consumptive, life-threatening growth to improved wellbeing and real quality of life is the key to an environmentally and socially sustainable future - and one which politicians must acknowledge, writes Jonathon Porritt.

 
The Washington Consensus: No More Laundry Lists

The era of the 'Washington consensus' is over, replaced by a new model of letting countries develop in their own way, writes Dani Rodrik.

 
A Global Lesson in Market Failure

The lesson from the food and financial crises is clear - that neo-liberal market fundamentalism was always a political doctrine serving certain interests, never supported by economic theory, writes Joseph Stiglitz.

 
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