Globalization on the rocks

A note from the editor

David Ransom

Some time ago I read two pretty harrowing accounts of ‘seriously organized crime’. Roberto Saviano’s Gomorrah describes it in the industrial hinterland of Naples. Misha Glenny’s McMafia visits similar territory almost everywhere else. The closer I looked into corporate globalization for this issue, the more it appeared to inhabit much the same place. The brutality, the banality, the blackmail, the bribes, the bets, the bag-carriers, the big bosses, the booty – the business model must surely have come from the same maker.

The clearest difference between them is, of course, that one is considered legitimate. But even that has begun to blur. For instance, in Britain a venal but relatively paltry system of parliamentary expenses has been aping the antics of the corporate world for years. Was it really pure chance – I began to wonder – that induced the corporate media to ‘expose’ it, (thereby distracting public attention and discrediting parliament) only when immeasurably larger and more fateful sums of public cash were being requisitioned to salvage corporate globalization? Pure chance would be a fine thing. A profound conflict between corporate globalization and democratic legitimacy looks set to take centre stage for some time to come.

After the Copenhagen climate change fiasco, more hopeful signs are now visible in Bolivia. A People’s World Conference on Climate Change and Mother Earth’s Rights starts in Cochabamba on 19 April. The prospects are explored in some depth on pages 21-24. By way of a reminder that the most significant causes always endure, on pages 34-35 some striking photographs celebrate the 100th anniversary of International Women’s Day.

David Ransom for the New Internationalist co-operative.
www.newint.org

The big story

High spirits in hell: clubbing on a Wednesday night in Ciudad Juárez. fernando moleves / panos

High spirits in hell: clubbing on a Wednesday night in Ciudad Juárez.

fernando moleves / panos

Globalization on the rocks

David Ransom argues that a corporate shipwreck lies behind the collapse of financial markets.

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Features

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Downside up

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The upside of markets that failed, suggests Indian economist Jayati Ghosh, is the chance to do better.

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Deglobalization - reflections of a Filipino MP

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For a decade Walden Bello has known what really has to be done.

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A sorry saga since corporate globalization got going in 1971.

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Getting a grip on democracy

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Richard Swift finds some traces in Egypt and Latin America.

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Shipwreck - the facts

The facts about globalization, world trade, unemployment, economic activity and the bailouts.

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Connections

Connections

Books, websites, contacts on Democracy.

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Optimism in action as a Bolivian bus crosses a flooded high plain. M Rogers / UNEP / Still Pictures

To live...

New hope for international action on global warming has come from Bolivia, where President Evo Morales is convening a People’s World Conference on Climate Change. Vanessa Baird reports on a multifaceted initiative.

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Blogs

Storm warnings

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Opinion

The book dresser of Istanbul Photo by Argenberg under a CC Licence

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Azad Essa meets a man who has dedicated his life to restoring books.

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Currents

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Learning while earning

Cairo’s ‘garbage people’ are improving their standard of living

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Top of the class

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Rome is bucking the school dinner trend, providing its students with wholesome, organic fare.

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Yasuní RIP?

President Correa sends shockwaves around the world

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Growing pains

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Africa’s great biofuel land grab continues

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Small change

Small change

The ugly side of microfinance

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Regulars

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Big Bad World - Nuke

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Trigger-happy Taser International under the spotlight.

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Somaly Mam

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Smita Barooah Sanyal photographs women at work.

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Film, Book & Music Reviews

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Ali & Toumani

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An intimate album with the space for real spontaneity

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The Idiot Cycle

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The Headless Woman

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Going Rouge - Sarah Palin - An American Nightmare

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The Unit

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