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Category — globalization

How Globalization Set the Stage for the 2008 Economic Collapse

huffingtonpost.com — The extent of the 2008 economic collapse surprised and shocked the conventional wisdom in Washington and on Wall Street. But in hindsight, a good case can be made that the massive globalization of labor and financial markets, coupled with “free markets über alles” policies, formed a toxic mixture that made the collapse inevitable.

Robert Creamer: How Globalization Set the Stage for the 2008 Economic Collapse

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January 9, 2009   1 Comment