Policies That Spawn Economic Inequality Rather Than Free Trade Could Bring about an Economic Crisis
These developments have raised concerns about the durability of globalization among its supporters. In April 2005, Martin Wolf of “The Financial Times” gave a lecture titled “Will Globalization Survive?” at Washington’s prestigious pro-globalization Institute for International Economics. More recently, Harvard professor [...]

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Corporate-led, finance-driven globalisation has successfully transferred wealth from labour to capital. This has resulted in inequality and exclusion on a massive scale which, combined with the pressure on water and other environmental resources, is likely to fuel new conflicts.
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As always – but especially now with globalization intensifying the effect — a few continuing events dominate the worldwide media. From the drama of the natural catastrophe that has befallen the Chinese and the Burmese to the falderal surrounding the American presidential campaign, the headlines and the commentators leave little room for these “minor” topics.
Events [...]

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My fellow economists are manning the barricades to defend free trade from a growing public backlash. But with globalization increasingly seen as a threat, our arguments are falling on deaf ears. Maybe it’s time to stop claiming we know what is best for everyone?
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The Moral Challenge of Globalization - Robert Samuelson, Newsweek

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What does the collapse of communism have to do with the credit crunch? According to Italian economist Loretta Napoleoni, author of the best-selling book “Terror Inc: Tracing the Money Behind Global Terrorism,” the fall of the Berlin wall set off a global economic transformation that led directly to the turmoil on Wall Street and will [...]

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It’s true China is booming, Russia is growing more assertive, terrorism is a threat. But if America is losing the ability to dictate to this new world, it has not lost the ability to lead. American anxiety springs from something much deeper, a sense that large and disruptive forces are coursing through the world. [...]

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If there was a the unipolar moment it has passed. The US will most likely remain the pre-eminent global power for some time yet, but it is already an insufficient one. The multilateral system designed in the middle of the last century no longer fits geopolitical realities. New powers might be accommodated in a reformed [...]

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The end of the unipolar moment, underlined by the American fiasco in Iraq and by the ascendancy of China, Brazil and India, raises again questions about the structure of the global system and how Europe fits within it.
After the end of the cold war and with the accelerating pace of globalisation, Europeans were inclined to [...]

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Some of the world’s major concentrations of military power and potential hot spots are in Asia: for example on the Korean peninsula, across the Taiwan Straits and between India and Pakistan. Strong economic growth in our region is leading to the build-up of modern military forces in China and India, as well as in South [...]

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Nial Ferguson: war of the Worlds - 20th Century history revised

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In a globalization manifesto, New York Times columnist Thomas Friedman declared that the Internet and other planet-spanning technologies were erasing national boundaries. The world, he said in a 2005 best seller, was flat.
No longer. The global economy appears to be entering an epoch in which governments are reasserting their role in the lives of individuals [...]

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To commentators such as Thomas Friedman, today’s globalization is a largely technological phenomenon. Once learned, new technologies are typically not forgotten, which is why globalization can seem an irresistible force, destined to bind us ever more tightly together for the foreseeable future. History, however, suggests that globalization is as much a political as a technological [...]

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THE SURPRISES OF GLOBALIZATION - How crime is quietly becoming a global killer.
The world is experiencing a crime pandemic. Crime rates are on the rise almost everywhere, and these statistics typically are distinct from the death and mayhem that comes with terrorism, civil war, or major conflict. The data reflect the booming number of civilians [...]

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In the 19th century, international trade was freer than ever before and, consequently, occurred in greater volumes than ever before, generating greater prosperity than ever before. In fact, some still refer to the late 19th century as the first era of globalization since goods were being shipped between all the populated continents.[3] While the technologies [...]

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