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Alternatives to Economic Globalization: A Better World Is Possible

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  • Anonymous

    Posted January 31, 2004

    High on Rhetoric, Low on reality

    If this book represents the views of the anti-globalization 'movement', then the movement is nothing more than regurgitated Luddite socialism. The authors have a romanticized view of subsistence farming and believe it should be promoted, its past association with famine and poverty escape mention. Trade per se, is an evil that should be discouraged in place of protectionism. Again there is a selective reading of history, the hyperinflation and instability associated with populism and protectionism gets no mention. Even when they toss out some laudable ideas about alternative energy sources, they oversell its virtues. Far worse is the outright disingenuousness of the authors. They drag out the tired canard that less developed nations were 'forced' to open up and globalize. No nation was forced to lower trade barriers or join the WTO, they did so because they wanted access to foreign markets and credit, for better or worse. This is a phony argument because otherwise the authors would be forced to admit there are nations that are following their prescription: Zimbabwe, Cuba, Venezuela and perhaps soon Bolivia, to name a few. In truth they don't have a successful or worthwhile recipe for an alternative to the alleged evils of capitalism. It would be wonderful is some nation would anoint itself as the model alternative, all they have to do is close their economy from the rest of world. It would be interesting to watch, if you're lucky enough not to be a resident.

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