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
January 9, 2009 1 Comment
“Death of globalisation consensus”
Dani Rodrik, writing for Project Syndicate, finds that some prominent former staunch advocates of liberalized trade regimes are having serious doubts to the point that they are actually airing them in public. The big issue appears to be – surprise – that trade is not delivering the benefits in practice that it is alleged to produce in theory.
naked capitalism: Dani Rodrik: “Death of globalisation consensus”
July 17, 2008 No Comments