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30th Jan 07 - James Waters ~ STWR A declining empire, founded by Marxists, atheist and hostile to national borders, tormented by schisms and harbouring former communists turned free market fanatics. The Soviet Union circa 1990? No, the world financial and economic system today. |
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22nd Jan 07 - David Loy, Buddhist Peace Fellowship The above reflections on dana and merit-making bring us to the larger issue of a Buddhist perspective on the economic globalization. We have already noticed that traditional Buddhist teachings do not include a developed social theory but do have many important social implications. Those implications can be developed to analyze and understand the new world order. |
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19th Jan 07 - Pranab Bardhan, Newropeans Magazine Uncertainty abounds over the Anglo-American economic model that has held sway ever since Adam Smith. Excessive debt, growing inequality, increasing costs for health care and retirement as well as large prison populations in the US and UK have raised doubts about its viability. Many nations have sought to adapt capitalism for their specific cultures and needs. Scandinavian and Japanese models value social protections and coordination of corporate governance. Developing nations appreciate the East Asian model with land reforms and ample education. All countries fret about rapid globalization and loss of jobs, but economist Pranab Bardhan notes that social safety nets – including education and retraining, portable health insurance and environmental protection – can help societies adjust to rapid global change. In the end, a nation’s economic systems cannot ignore the context or peculiarities of its society. More than one model of capitalism can thrive, if allowed to adapt to changing global and local circumstances, provided inequality does not become too extreme. |
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19th Jan 07 - Girish Mishra, ZNet For quite some time, serious doubts have been expressed about the continuance of the present era of globalization, based on the Washington Consensus or neo-liberalism. After John Ralston Saul’s well-argued book, The Collapse of Globalism, Walden Bello has come out with his research paper “The Capitalist Conjuncture: over accumulation, financial crises, and the retreat of globalisation” in the prestigious Third World Quarterly (Vol. 27, No.8, December 2006), underlining that the fortunes of the ongoing globalization have been on the decline. |
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 16th Jan 07 - David J. Lynch, USA Today
At home and abroad, globalization is under increasing stress.
From Venezuela, where President Hugo Chavez announced plans last week to nationalize critical industries, to Thailand, which has imposed new controls on foreign capital, countries are embracing long-discredited economic strategies. In Geneva, multilateral talks aimed at a new global trade pact remain deadlocked.
The backsliding overseas comes as a new Democratic majority on Capitol Hill, which is intent on overhauling the Bush administration's trade policy, is getting down to work. Many of the new Democratic lawmakers campaigned on so-called fair-trade platforms and are deeply skeptical of the free-trade strategies pursued by Republican and Democratic presidents alike for a generation.
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15th Jan 07 - Terrence McNally, AlterNet Nobel prize-winning economist Joeseph Stiglitz talks about what's gone wrong with globalization. |
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11th Jan 07, Kent Welton, OpEd News "To Achieve World Government it is necessary to remove from the minds of men their individualism their loyalty to family traditions and national identification"
Brock Chisholm, Director, World Health Organization
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2nd Jan 07, Noam Chompsky, Democracy Now World-renowned scholar and linguist Noam Chomsky recently spoke an event titled, "What's Next? Creating Another World in a Time of War, Empire and Devastation." It was held at the Emmanuel Church in Boston and sponsored by sponsored by Massachusetts Global Action. Chomsky, who is a professor of Linguistics at MIT, returned from Latin America in October. He talked about the recent elections in the region, which have brought leftist, governments to power that are challenging U.S foreign policy. Chomsky also spoke about Iraq and Iran in the context of Latin America. [includes rush transcript] |
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28th Dec 06, Joel S. Hirschhorn, The Progress Report 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. |
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14th Dec 06, Dan Berger, Lars Din, Zein El-Amine, and Kenyon Farrow, The connections between the prison industrial complex and corporate globalization
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